nar112

Receding fears of aggressive policy turns from the Fed and BoE saw shorts scramble to cover with yields plunging as the markets repriced policy outlooks. Although the FOMC announced tapering and the BoE warned of rate hikes down the road, the more patient stance taken by both banks wrongfooted bond

USDIndex pulled back again to 95.65. Stock market stalled lower led by China tech stocks, which were under pressure as investors weighed global central bank outlooks and the prospect of a gradual withdrawal of monetary support. China Evergrande sells entire stake in streaming platform HengTen to eas

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