Today, market sentiment is relatively mixed. Democratic leaders and White House officials seem cautiously optimistic after another round of talks on Monday about the new coronavirus aid package, under increasing pressure to reach an agreement since millions of Americans are living without the $600 a week unemployment benefit supplement, and U.S. President Donald Trump has launched potential executive measures.
The Dollar gained ground on the Yen this Tuesday in Asia, after robust economic data has increased risk appetite by putting the Yen under pressure as a safe asset.
Treasury yields rose on Monday as robust industrial data in the US, Europe and China suggested that the global economic recovery is on track, despite growing fears about how rising coronavirus cases may halt growth.
Oil prices fell in Asia due to supply fears, as the Organisation of Petroleum Exporting Countries, or OPEC, and allies again increased production.
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