Summary:
Marc Chandler Marc to Market Follow Following .Risk appetites firm, but the greenback is mixed http://ntvforex.com/news/?id=8ad403 . 7 13 2020 10 56 52 AM .Overview Equities began the week on a firm note in the Asia Pacific region. The Nikkei gained more than 2%, and the profit taking seen in China ahead of the weekend was a one day phenomenon. The Shanghai Composite rose 1.8%, and the Shenzhen Composite surged 3.5%. Taiwan and South Korea markets also rallied more than 1%. European and US stocks enjoy more modest gains of around 0.5% 0.6%. Benchmark 10 year yields are mostly 2 3 bp higher, though the US 10 year Treasury yield is a little softer around 64 bp. European sovereigns are expected to sell around 36 bln euros of bonds this week, while there may be bln investment grade bonds
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Marc Chandler Marc to Market Follow Following .Risk appetites firm, but the greenback is mixed http://ntvforex.com/news/?id=8ad403 . 7 13 2020 10 56 52 AM .Overview Equities began the week on a firm note in the Asia Pacific region. The Nikkei gained more than 2%, and the profit taking seen in China ahead of the weekend was a one day phenomenon. The Shanghai Composite rose 1.8%, and the Shenzhen Composite surged 3.5%. Taiwan and South Korea markets also rallied more than 1%. European and US stocks enjoy more modest gains of around 0.5% 0.6%. Benchmark 10 year yields are mostly 2 3 bp higher, though the US 10 year Treasury yield is a little softer around 64 bp. European sovereigns are expected to sell around 36 bln euros of bonds this week, while there may be bln investment grade bonds
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Marc Chandler considers the following as important:
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