Dow Jones Extends Gains amid Tech Rout. Will Nikkei 225, ASX 200 Follow?

Wall Street saw another mixed session with the reflation theme dominating a sectoral rotation out from tech and into cyclical sectors. Rising yields may continue to weigh on tech sentiment across t…

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New Zealand Dollar May Fall Further as Stimulus-Driven Yield Climb Continues

Asia Pacific markets may see a bearish start to the session as Treasury yields continue to move higher on US stimulus spending. Meanwhile, Greenback strength pushed NZD/USD below a key technical le…

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Dow Jones Extends Gains amid Tech Rout. Will Nikkei 225, ASX 200 Follow?

Wall Street saw another mixed session with the reflation theme dominating a sectoral rotation out from tech and into cyclical sectors. Rising yields may continue to weigh on tech sentiment across t…

from DailyFX – Market News https://bit.ly/30paFKj
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New Zealand Dollar May Fall Further as Stimulus-Driven Yield Climb Continues

Asia Pacific markets may see a bearish start to the session as Treasury yields continue to move higher on US stimulus spending. Meanwhile, Greenback strength pushed NZD/USD below a key technical le…

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Gold Price Outlook: Rising Yields Threaten Bull Flag Breakdown

Gold price action is flirting with a breakdown of its bull flag chart pattern as precious metals continue to face downward pressure due to rising real yields and a stronger US Dollar.

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