After Yellen’s evaluations about US Economy recently, USD is gaining value with positive atmoshpere on the market. Asian stocks and bonds fell after Fed Chairman Janet Yellen showed that the U.S. economy could be successful in the near future while USD is gaining value against many currencies. The MSCI Asia Pacific Index decreased to their lowest level in a month Standard & Poor's 500 (S&P 500) Index futures contracts withdrew. Yellen's comments on Friday, after triggering the sale of U.S. Treasury bonds, Australia, New Zealand, and South Korea’s benchmark bond interest increased at least four points. Crude oil headed for the lowest close after manufacturers increase the number of active wells in the United States last week. In order to have an idea about the size and timing of interest rate increase in U.S. economic data are following US economic data and FED decisions. Stanley Fischer will deliver a speech on Monday and industrial production data will be released on the same day in the United States.
- Date: 18 October 2016 Tue 13:33
- Last Added
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