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The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of gains.
Dollar downside halted as China Covid concerns deepen
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less hawkish than recent chatter.
Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight despite disappointing economic data from China and the US fuelling recessionary fears.
The dollar has gained a small safe haven bid, the antipodean currencies are sinking, and US stock futures are in the red after Monday’s solid day of...
China
external trade
Recession
inflation
CPI
USDJPY
Japanese Yen
Gold
Bullion
Treasury yields
The risk-off mood from the new surge in Covid infections in China saw a bid in the greenback. This offset the Fed speakers on the wires who were less ...
US Dollar
DXY
Covid-19
China
safe haven
Federal Reserve
rate hikes
inflation
Fed speak
FOMC
Crude Oil
OPEC+
Recession
Asian shares edged cautiously higher on Tuesday, tracking a rebound in Wall Street overnight despite disappointing economic data from China and the US...
Stocks in Asia were shaky on Tuesday morning following the lack of cues from Wall Street overnight due to the Memorial Day holiday in the US....
Stocks
Markets
China
inflation
Oil
Euro
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