US Consumer Confidence Sinks as Treasury Yields Climb
from Market Brief - After Hours
On today's episode of Market Brief – After Hours, Wall Street suffers another down day as Treasury yields keep climbing and US consumer confidence takes a sharp hit. We look at why oil fell but inflation fears stayed put, what's brewing in Europe over the EU budget, and how Asian markets followed Wall Street lower. In the FX markets we break down the technical picture for EUR/USD, GBP/USD, AUD/USD and NZD/USD as the US dollar shows real strength, while gold and silver stage a rebound. We finish with the day's biggest movers, from cruise lines to Fair Isaac and Apple.
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