By Christopher Romano — Jun 22 - 07:15 AM
Risk-off rallied safe-havens US$, yen; USD/CNH hit 6.7342, AUD/JPY hit 93.61
EquitiesESv1, copperHGv1, iron-oreDCIOc2 fall as econ growth may slow
Yields US10YT=RRAU3YT=RR fall on worries global growth is slowing
AUD/USD traded 0.6972 overnight then steadily falls, NY opens near 0.6910
10-DMA exerts bear influence, daily & monthly RSIs fall; techs lean bearish
Fed Chair Powell testimony to Senate Banking Committee is the key risk today
If Powell waivers on inflation fight US rates EDH3 may fall further
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Source:
Refinitiv IFR Research/Market Commentary