The U.S. 10-year treasury note yield rose to touch a two-month high in early U.S. trade, and the dollar touched a three-week high. MSCI’s gauge of stocks across the globe shed 0.58%, the pan-European STOXX 600 index lost 0.82%, while MSCI’s broadest index of Asia-Pacific shares outside Japan closed 0.13% higher. “Historically, the Fed waits for data to take a course of action,” Wade Guenther, partner at Wilshire Phoenix said. The dollar index, a gauge of the greenback’s value against six major currencies, rose to 93.094, its highest since late August. [GOL/]U.S. crude recently fell 1.32% to $71.65 per barrel and Brent was at $74.89, down 1.03% on the day.

Source: MetroXpress September 17, 2021 04:31 UTC