☛U.S Stocks Subdued, Yields Rise as Inflation Jitters Loom
Market Updates at a Glance: 22 March 2022 (Tuesday)🌎
☛U.S Stocks Subdued, Yields Rise as Inflation Jitters Loom
➤US stocks subdued on Monday after FED chairman Powell's comments that sparked bets of more aggressive interest rate hikes, with Dow -0.58%, S&P 500 -0.04% & Nasdaq -0.40%.
➤The US dollar index was up to 98.48, helped by the rising Treasury yields across the curve. The 10-year treasury yields jumped to 2.29% as Powell warned inflation is spiraling and signaled to raise interest rates by bigger-than-usual.
➤EUR & GBP edged lower amid the strong greenback. EURUSD failed at first test of 20-day moving average Friday & continued lower to near 1.10.
➤Gold is sideways, hovering near the Fibocacci 38.2% level, $1920.
➤Oil (Brent) jumped to $116 as EU considered to ban on Russia Energy.
➤BTC & XRP in sideways. Ascending triangle pattern in the XRPUSD pairing.
☛Like & follow so you won't miss any market updates ☟
lnkd.in/d38iHCkV
lnkd.in/enTgEqYB
☛Follow my tweets @ce83lim to look at charts
☛U.S Stocks Subdued, Yields Rise as Inflation Jitters Loom
➤US stocks subdued on Monday after FED chairman Powell's comments that sparked bets of more aggressive interest rate hikes, with Dow -0.58%, S&P 500 -0.04% & Nasdaq -0.40%.
➤The US dollar index was up to 98.48, helped by the rising Treasury yields across the curve. The 10-year treasury yields jumped to 2.29% as Powell warned inflation is spiraling and signaled to raise interest rates by bigger-than-usual.
➤EUR & GBP edged lower amid the strong greenback. EURUSD failed at first test of 20-day moving average Friday & continued lower to near 1.10.
➤Gold is sideways, hovering near the Fibocacci 38.2% level, $1920.
➤Oil (Brent) jumped to $116 as EU considered to ban on Russia Energy.
➤BTC & XRP in sideways. Ascending triangle pattern in the XRPUSD pairing.
☛Like & follow so you won't miss any market updates ☟
lnkd.in/d38iHCkV
lnkd.in/enTgEqYB
☛Follow my tweets @ce83lim to look at charts
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.