Bond yields climb from better than expected Nonfarm Payrolls
EU mid-market update: Most assets rally, led by crypto and metals, as bond yields climb from better than expected nonfarm payrolls.
Source: fxstreet.com
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ECB hawk Schnabel lifts EU bond yields with FT comments
EU mid-market update: ECB hawk Schnabel lifts EU bond yields with FT comments; Market waits for more Fed speak.
Source: fxstreet.com
Quiet weekend and Monday lets theme pivot on upcoming speakers and US CPI later in week
- No change to macro narrative over the weekend, following the beat in US nonfarm payrolls on Fri.
Source: fxstreet.com
USD finds some footing, China continues to add Gold to its reserves
- Rising US dollar bears down on equities throughout Asia and EU sessions while pressure on bond yields continued to ease.
Source: fxstreet.com
Focus turning to upcoming inflation data for largest economies
EU mid-market update: Focus turning to upcoming inflation data for largest economies; China notes international consensus on resolving Ukraine crisis
Source: fxstreet.com