While Tuesday saw U.S. equities roar back, momentum shows signs of slipping – Asian equity gains fizzled while S&P and Dow Jones futures were almost 1% lower. U.S. 10-year yields rose to 2.80% after approaching two-week lows around 2.65% on Tuesday. During the selloff you got the natural reaction of bond yields going up but the moment you get some stability, yields zoom up again,” Ahmed said. German shares rose 0.6%, adding gains after news of a government coalition deal, with Social Democrats likely taking the key finance portfolio. MSCI’s emerging equity index was modestly firmer, and unlike most other indexes it has clung to slender year-to-date gains .

Source: Dhaka Tribune February 07, 2018 19:41 UTC