Developed Macro: Sentiment Turned Positive
eFXnews | Oct 22, 2014 03:13AM ET
Sentiment turned positive overnight on good earnings reported by US corporates, much better than expected US existing home sales data and the rumors that the ECB is considering the option of buying corporate bonds in the secondary market.
Major equity indices and UST yields rose consequently.
Today, the focus will be on the inflation data and central bank events.
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