Market sentiment recovered, with the Dow Jones, S&P 500 and Nasdaq Composite charging higher. Yet, the anti-risk US Dollar stabilized amid rising longer-term Treasury yields, pressuring gold prices...
The Dow Jones and S&P 500 may extend their respective climbs to fresh record highs on the back of intensifying calls for stimulus, falling Covid-19 infections and rising vaccination rates.
The US Dollar may continue stabilizing versus the Singapore Dollar as longer-term Treasury yields rise. USD/PHP is eyeing the Philippine central bank, with USD/INR facing Indian CPI data.
The Japanese Yen is at risk of extending recent losses against its major counterparts, as positive fundamentals weigh on the haven-associated currency. Key levels to watch for AUD/JPY, NZD/JPY and…