Daily Market Review: Rising Yields Keep Hurting Equities, CAN CPIs and AU Jobs Data in Focus
Channel: JFD Brokers
Date: 19/01/2022

Daily Market Review by Charalambos Pissouros

Equities were a sea of red yesterday and today in Asia, as US #Treasury yields continued to rise, highlighting increasing expectations over a faster rate-hike path by the Fed. Today, we already got the UK CPIs, which accelerated further, adding to the chances of another rate hike by the #BoE at its upcoming gathering. Later in the day, we get inflation data from Canada, while tomorrow, during the Asian session, Australia releases its #employment report for December.

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