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Compass on market data
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1
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Daily Markets News - 17 October

Written by
OvalX team
Published on
October 17, 2022

St Louis Fed President James Bullard has stated that dollar strength may ease once the central bank is able to start pausing rate hikes.

The US two-year Treasury yield pushed up last week to a 15-year high above 4.5 percent, making the 2/10 yield curve the most inverted for more than 20 years.

President Xi calls for an acceleration in the building of a world-class military, ahead of the week-long congress where he is expected to secure a third term.

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