US Open Note – Stocks stabilize, dollar’s rally active and yields remain lower
Posted on March 2, 2022 at 3:18 pm GMTUS ADP payroll report, Fed’s Powell, and BoC today’s highlights The greenback continues to hold strong as oil prices rocket far north of the $100 per barrel level, and risk-off signals linger, fuelling questions about the outlook for tightening from the Federal Reserve. The war in Ukraine is clearly one of the clear drivers for hotter inflation from energy pressures as rejected Russian supplies of oil blunt the growth outlook around the world. The US 10-year yields are lower from [..]