Swiss inflation highlights the agenda in European trading today ...Middle East

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Major currencies are keeping steadier so far today, with light changes overall. Even USD/JPY is "only" seeing a roughly 100 pips range, keeping flattish now near 149.40. The pair continues to see volatile swings in the last few sessions, not least with 10-year yields in the US falling below 4%.The bigger story is the heavy selling in equities though. It came quite suddenly after the US market open yesterday, with tech shares bearing the brunt of the declines.And that is spilling over to today as well, not helped by Amazon reporting softer sales after the close. S&P 500 futures are down 0.8% with Nasdaq futures down 1.3% currently. In Asia, Japanese indices are the ones being beaten down heav

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Last updated : 02 August 2024 clock 08:05 AM

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Swiss inflation highlights the agenda in European trading today ...Middle East

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