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Stocks Fall on Inflation Data and Surging Yields, Dollar Recovering Mildly

Global equities are under selling pressure today with another round of rise in treasury yields. In particular, Germany 10-year yield jumped above -0.1% handle and hit the highest level since mid-2019. The development came after stronger than expected inflation reading from UK, which was later followed by Canada CPI. New Zealand Dollar and Australian Dollar […]

The post Stocks Fall on Inflation Data and Surging Yields, Dollar Recovering Mildly appeared first on Action Forex.

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