Equities Consolidate after Sharp Fall; US Inflation in Focus

Posted February 12th, 2018 by FlorencP84 and filed in General News

Stock markets consolidate after the massive selloff last week. US dollar softens recovering to the highest in more than two weeks last Friday. Treasuries were mixed with yields hovering around 4-year highs. Traders also take time to digest the budget deal which would boost spending by US$300B over the next two years. The deal allows temporary financing of the government through to March 23 and suspends the debt ceiling for a year.

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Equities Consolidate after Sharp Fall; US Inflation in Focus

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