NY Open: Twenty pounds of headlines
Markets started the day in a confusion of incoming news as ECB chatter met with trade talk updates and US macro data. EURUSD took it on the chin and dropped from 1.1270 to 1.1235.
Global Macro Strategist, Saxo Bank Group
Summary: We have now seen US 10-year Treasury yields close above the key 3% line for the second time this year. Join Saxo Bank Head of APAC Macro Kay Van-Petersen as he looks at the implications for USD, equities, and more.