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Market Update – December 20 – Pre-Christmas Surprise from BOJ


  • The USD Index It is between and betwixt among various drivers. It closed at 104.706, inside the day’s 104.931 to 103.50 range. The The end of the year and the advent of the holidays Have been lightened Volume Moreover, it has exacerbated some market moves. Stocks are red against Decembers’ seasonality. Treasuries Today’s fallParticularly for longer tenors, this is after the Bank of Japan Surprisedly, the cap on the 10-year term was increased Yields It triggered a selloff on global bond markets.
  • Yields: 10-year rose to 3.71%, 30-years to 3.72%
  • The S&P 500 According to Dow Jones Market Data, the S&P 500 has increased 73% in December since 1928. As of MondYou can find more information aty’s close, the S&P 500 had Fallen 6.4% in December.
  • EUR – tumbling between 1.0575-1.0650.
  • JPY – surged to 132.66 after the BOJ It announced that it would review its yield curve policy and increased the trading range for the 10-year government bond yield in an unanticipated tweak. (Policy is the same)
  • AUD & NZD After BOJ announcement, drift also occurred
  • Stocks – The NASDAQ The tumbled by -1.49% S&P 500 The fall was -0.90% while the Dow The stock dropped -0.49%. Nikkei finished the day with a loss of -2.5%.
  • USOil – drifts to $75.20 From $76.55.
  • Gold – Higher, but still struggling to break $1,800.
  • BTC – retested again the $16,200 Floor. – Sam…

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