Stocks, bond yields, inflation expectations all rose overnight thanks to hopes of vaccines, new fiscal stimulus rhetoric, solid data. USD drops to new 2.5 year low, EUR breaks through 1.20. NZD up to 0.7060, with a NZD / AUD cross pushing towards 0.96 – Interest.co.nz

Stocks, bond yields, inflation expectations all rose overnight thanks to hopes of vaccines, new fiscal stimulus rhetoric, solid data. USD drops to new 2.5 year low, EUR breaks through 1.20. NZD up to 0.7060, with a NZD / AUD cross pushing towards 0.96 – Interest.co.nz

Market sentiment remains very positive amid Covid-19 vaccine hopes, talks of more fiscal stimulus in the US, solid economic data and reports that Brexit negotiations have gone ‘down the tunnel’ . Global rates rose sharply overnight, the S & P500 is up more than 1% and the USD has fallen further. The Euro broke a […]

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