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Good economic and political news overnight pushed stock markets higher as we near the end of the trading week and the triple witching month/quarter/year. Wall Street made new highs on the back of a new infrastructure bill and better than expected durable goods order report, lifting European bourses along the way as the German IFO survey was also much better than expected. Treasury yields were largely unchanged alongside currencies while commodity prices were mixed yet again as oil made another new high for the year while copper gold and iron ore all fell back.
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Macro Morning - MacroBusiness
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.
Macro Morning - MacroBusiness
macrobusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from macrobusiness.com.au Daily Mail and Mail on Sunday newspapers.