The new rise of commodities and commodity-linked currencies
Date
2/22/2021 10:40:21 PM
(MENAFN- FxPro)
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Stock markets are under moderate pressure on Monday morning. To clarify, "moderate pressure" translates into a fifth consecutive session of declines for the S & P500, dumping the index by 1.6% from record levels. Meanwhile, the sell-off in long-term bonds continues, causing yields to rise. Investors' exit from long debt securities is a reflection of investors' demand for higher yields due to inflation fears.
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