In premarket trading, the futures are employing lower levels for the major indices. Currently,
Dow industrial average -472 pointsS&P index -61 pointsNASDAQ index -292 pointPres. Trump on Truth Social said:
US yields remain higher with a two year up 3.5 basis points at 3.941% while the 10 year yield is trading up 3.0 basis points to 4.386%. There is no flight to safety flows into US debt instruments.
Crude oil is sharply higher with the price up $4.09 at $72.91. Gold is now up $55 or 1.62% at $3440. Flow funds seems to be heading into commodities.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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