CAC 40, FTSE MIB Continue Steady Pace Higher, Focus on ECB Response to Yields
European equities consolidate higher but investors will pay attention to Lagarde’s comments about bond yields at the ECB meeting on Thursday
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European equities consolidate higher but investors will pay attention to Lagarde’s comments about bond yields at the ECB meeting on Thursday
Tech stocks drop amid a renewed sell-off in US bonds, putting pressure on the Federal Reserve
Gold lacks fundamental support as it heads for new Fibonacci support
Spanish stocks are holding strong as the country holds on to hopes that international tourism could return this summer
DAX 30 Forecast: Bond Yields Drive the Market as Investors Rebalance Their Portfolios Key Talking Points: Bond yields continue to rise as investors move away from longer-dated bonds to adjust their portfolio duration Sellers continue to attempt to bring the DAX 30 lower, but strong support halts the culmination of the H&S pattern It’s been a busy week behind the scenes in global markets with the bond market being at the center of it. As a quick recap, here is what has happened so far. We started off the week with Christine Lagarde stating that the ECB was monitoring longer-dated bonds, whi...