A return of Wall Street yesterday quickly dispelled virus fears and pushed US stocks towards fresh highs. While investors could get used to Wall Street records, German DE30 was struggling to follow. That has changed today with DE30 soaring past 2018 highs to trade as high as 13633. Following through on this move could be important as we can see from the July 2019 example, when a breakout was false and triggered a major correction.

Daily Summary: Wall Street Under Pressure as U.S. Bond Yields Rise Above 5%
US Open: 10-Year Treasury Yield Breaks Above 5% as Wall Street Comes Under Pressure Ahead of Fed Decision
Will Trump dissuade Fed from a rate hike? [FOMC Preview]
Market wrap: European indices recover losses after a weak open 🔼 EURUSD falls below key support