Daily Market Review: Equities Pull Back as War Resolution Hopes Decrease
Channel: JFD Brokers
Date: 2022-03-31

Daily Market Review by Charalambos Pissouros

Equities gained yesterday and today in Asia, as peace talks between Russia and Ukraine in Turkey resulted in progress. The #euro rallied as well, as a potential resolution could make more likely a rate hike by the #ECB before year end. That said, the yen gained notably, and in our view, this may have been a short covering move following its latest steep fall.

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