On FX markets, the Yen took center stage
The protracted uptrend in yields initially continued yesterday, but lost some traction as the session proceeded. Eco data were few. The US ADP report (38k job growth) was close to expectations. The initial rise in oil prices slowed and also tempered the intraday momentum in bond markets.
The protracted uptrend in yields initially continued yesterday, but lost some traction as the session proceeded. Eco data were few. The US ADP report (38k job growth) was close to expectations. The initial rise in oil prices slowed and also tempered the intraday momentum in bond markets.
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