The main drivers of the market: stock indices and oil
The general resumption of fears after Trump’s comments continues to put pressure on risky assets, supporting the US dollar and the Japanese yen. The main strengthening falls on the Japanese currency.
Stock indices in Europe and America remain under pressure of risks. Oil at the same time is traded restrained negatively in anticipation of data on oil reserves in the US.
The US dollar index managed to update the annual maximum at 94.10, but, due to the market ambiguity and annual highs, further strengthening of the American will be difficult. This is also indicated by attempts to increase the profitability of 10-year-old US state bonds, which from the beginning of the day demonstrate the reverse dynamics.
Fig. the US dollar index. The current price is 94.00 (the yield of 10-year government bonds is a blue line)
Also, read: “Index of Fear in the Market. Features”