Forex News June 9, 2022

 

Equities

Stocks remain sluggish on the week

Eurostoxx -0.7 percent, Germany DAX -0.6 percent, UK FTSE -0.6 percent, France CAC 40 -0.6 percent & Spain IBEX -0.4 percent.

This follows yesterday’s drop as sentiment remains sluggish, with Wall Street also retreating. For the time being, US futures are more tepid, with S& P 500 futures flat, but the overall mood isn’t indicating much so far today.

All eyes are on the ECB, and market action may be limited until then. However, European bond yields are rising, with 10-year German bund yields reaching new highs since 2014, reaching 1.37 percent.

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EDGE-FOREX 

#edgeforex #Forexsignals #forextrading #forex #trading #equities #usd #dollar #stocks #ecb #policy #rates #bods #euro #inflation 

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