Global stock markets are in risk-on mode with German DAX gaining over 2% today. Investors hope that G7 finance ministers and central bankers agree on a coordinated action to support the economy during today’s call. The call is expected to start at 12:00 pm GMT and it can be a major market mover, especially in case it fails to meet markets’ expectations.
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