Stocks and Crude Prices Decline While USD Strengthens
Tuesday, 26 March 2024, 21:37
Key Points:
Nasdaq closes on the lows of the day as chipmakers weigh.
Credit Agricole: Prelim month-end fixing model shows moderate USD selling.
USD/JPY springs to the highs of the day, while Gold has second thoughts after testing $2200.
OPEC+ unlikely to change output policy before June - report.
Market Updates:
- BofA analyzes currency reactions to Chinese yuan movements.
- European equity close: DAX marks six consecutive days of gains.
- China files WTO complaint against US electric-vehicle subsidies.
Overall, the global financial landscape is reflective of various economic indicators and geopolitical developments shaping market trends.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.