14 Mar 2014
Flash: US and Asia dragged lower by European decline - Danske Bank
FXStreet (Barcelona) - Anders Møller Lumholtz, Senior Analyst at Danske Bank comments that the negative sentiment from the European session yesterday has continued with S&P500 ending the session down 1.2% - erasing 2014 gains.
Key Quotes
“US treasury yields dropped 8bp in the 10Y segment. Asian indices are trading in red this morning with Nikkei down 3.2% and Hang Seng down 1.1%.”
“The risk-off move is fuelled by intensifying concern about the developments in Ukraine and weak Chinese and US growth data. US Secretary of State Kerry warned yesterday that there could be ‘very serious’ steps from Europe and the US if there is no sign of resolution between Ukraine and Russia.”
Key Quotes
“US treasury yields dropped 8bp in the 10Y segment. Asian indices are trading in red this morning with Nikkei down 3.2% and Hang Seng down 1.1%.”
“The risk-off move is fuelled by intensifying concern about the developments in Ukraine and weak Chinese and US growth data. US Secretary of State Kerry warned yesterday that there could be ‘very serious’ steps from Europe and the US if there is no sign of resolution between Ukraine and Russia.”