Oz Blog News Commentary

Markets rally on hope

April 21, 2017 - 07:46 -- Admin

The USD firmed last night: Commodity currencies were mostly stronger: Gold took a hit: So did oil: Base metals rebounded: And big miners: As well as EM stocks: High yield is still treading water: US bonds were sold: But European spreads narrowed sharply: And stocks jumped: The proximate cause was one line from Treasury Secretary

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