Back and forth - MarketPulse
Back and forth Posted 1 hour agoSharePrint US ISM Services and ADP Employment data came in slightly softer than expected overnight, taking the froth of equity markets which seem to be struggling for momentum at these lofty heights, especially technology. US yields spiked early on a US Treasury debt ceiling scare before retreating as the session wore on. That also served to take the wind out of the sails of the US dollar. Oil fell after the official US Crude Inventories data despite a massive drop in the headline number. It may have been a buy the rumour, sell the fact moment after the fall wa...