In a market wrap, analysts at ANZ Bank New Zealand Limited explained that global equity markets remained under heavy downward pressure despite the Columbus Day holiday in the US. A range of drivers contributing to uncertainty and volatility in markets – ANZ Key Quotes: “The EU Commission noted significant deviation of Italy’s budget plans from EU targets, weighing on stocks and the euro. Italian BTPs yields were sharply higher; the 2-year yield rose 20bps and the 10-year yield rose 14bps.” “However, uncertainty in markets is broad-based at the moment, with increased volatility being driven by a number of factors, rather than simply being focused on Italy.” “The DAX was off 1.4%, the CAC 40 fell 1.1% and the FTSE 100 was off 1.2%. At the time of writing, the S&P 500 was down 0.6%. The US bond market was closed. WTI fell 0.6% and gold fell 1.4%.” 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 Wall Street closes holiday-thinned day mixed FX Street 4 years In a market wrap, analysts at ANZ Bank New Zealand Limited explained that global equity markets remained under heavy downward pressure despite the Columbus Day holiday in the US. A range of drivers contributing to uncertainty and volatility in markets - ANZ Key Quotes: "The EU Commission noted significant deviation of Italy's budget plans from EU targets, weighing on stocks and the euro. Italian BTPs yields were sharply higher; the 2-year yield rose 20bps and the 10-year yield rose 14bps." "However, uncertainty in markets is broad-based at the moment, with increased volatility being driven by a number of factors,… 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.
