US equities partly retraced the previous day’s large decline, amid encouraging US economic data. The S&P500 is up 1.6%, and bond yields are higher. The normally defensive US dollar is also higher following the ECB’s dovish signals.
US equities partly retraced the previous day’s large decline, amid encouraging US economic data. The S&P500 is up 1.6%, and bond yields are higher. The normally defensive US dollar is also higher following the ECB’s dovish signals.