Missile attack on Poland: Other: USD/JPY was once again the mover, trading up to approach 140.00 on the session. It had dipped under 139.00 early. Apart from yen crosses moves across major FX rates were subdued. Poland, the G20, G7 and NATO dialled down their response to the Tuesday missile.
The major US stock indices are closing the day higher but major indices came off of their best levels on Russian fear after reports of a missile killing 2 people in Poland. Indices moved quickly off their highs on the news, and traded to new session lows. However, the prices.
The US Pentagon is saying that it cannot corroborate reports of two Russian missiles crossing into Poland at this time. Dow industrial average is down around 25 points or -0.07% S&P index is up 24 points or 0.62% NASDAQ index is up 140 points or 1.26% the US debt market.
At least 2 people are dead after Russia missile lands in NATO state Poland on the Ukraine border (CLICK HERE for the story). It is unclear if the missiles are from Russia’s mass bombardment of Ukrainian cities earlier today. It is reported that over 100 rockets were launched. US stocks.
It is now a case of sell the dollar, buy everything else. The greenback is being hammered lower again today as broader market sentiment continues to recover strongly after last week’s softer US CPI data. 10-year Treasury yields are now down to its lowest in over five weeks, down another.
Markets: Gold up $1 to $1773 US 10-year yields up 4.3 bps to 3.87% WTI crude oil d own $3.65 to $85.31 USD leads, JPY lags S&P 500 down 0.8% Back-and-fill was the theme with a light economic calendar and following the incredible drop in the US dollar late last.
The broader stock indices (S&P and Nasdaq) moved lower in the morning trading, and then rallied into the early afternoon trading. The Nasdaq went from down -156.17 points to +26.79 points. The S&P moved as high as +16.05 points. However, momentum faded in all the major indices in the last.
You would think after the best two-day stretch for stocks in years there would be some back-and-fill today in markets, especially after the Fed’s Waller poured a bit of cold water on the thesis. Instead, the US dollar is flat today on most fronts. The Nasdaq is now back to.
With Fed Governor bringing the fire truck in to douse the flames of a too hot stock market over the weekend, the major indices are opening weaker. Yields are higher which has pressured the Nasdaq stocks. The flow of funds is back into the Dow stocks after they relatively underperformed.