Analysts at ANZ explained that there were some large moves in markets with Italy’s political news driving volatility. Key Quotes: “Italian yields rocketed higher with the 2-year yield up over 180bps and the 10-year up almost 50bps. New elections are expected over the coming months with some parties likely to run on an explicit exit-the-euro platform.” “Safe-haven demand saw US Treasury yields fall sharply, down 10-14bps across the curve. Yields in Europe outside of Italy were down 3-12bps. European shares fell with Italian shares leading declines.” “In the US, stocks opened lower and continued to trend that way, with the DJIA down 1.9% and the S&P 500 down 1.6% at the time of writing. Financials led declines, down more than 3%. The VIX surged 32% to 17.4. The dollar appreciated against all in the G10 but the safe-haven JPY. Oil was down about 2% and gold was up.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next USD/CAD: Technical Analysis: Bull breakout above 1.3000, next target the 1.3100 handle FX Street 5 years Analysts at ANZ explained that there were some large moves in markets with Italy's political news driving volatility. Key Quotes: "Italian yields rocketed higher with the 2-year yield up over 180bps and the 10-year up almost 50bps. New elections are expected over the coming months with some parties likely to run on an explicit exit-the-euro platform." "Safe-haven demand saw US Treasury yields fall sharply, down 10-14bps across the curve. Yields in Europe outside of Italy were down 3-12bps. European shares fell with Italian shares leading declines." "In the US, stocks opened lower and continued to trend that way, with… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
