Daily Market Review: Risk Appetite Stays Supported Despite Rise in Treasury Yields
Channel: JFD Brokers
Date: 20/10/2021

Daily Market Review by Charalambos Pissouros

Most global equity indices continued drifting north yesterday and today in Asia, perhaps as investors become more and more optimistic over Q3 #earnings. The fact that US long-dated yields also climbed higher suggests that market participants still anticipate tighter monetary policy soon, but the earnings may have provided a relieve that the #economic outlook is not as bad as previously thought. Today, the highlight on the agenda may be Canada’s CPIs, with accelerating #inflation adding to the case for further tapering by the BoC next week.

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