Parsing Biden's Poor TV Performance, France Poll, and PCE Data

Reported 12 months ago

Global markets remain calm despite Joe Biden's poor performance in a televised debate against Donald Trump, sparking speculation of a potential change in Democratic candidacy ahead of the U.S. presidential election. U.S. stocks, the dollar, and Treasury yields are slightly up while the VIX 'fear index' and related futures remain low. Japan's yen hits new lows as Tokyo prepares for possible intervention. French bond markets show nerves ahead of elections. Economic indicators hint at a darkening U.S. economic picture with a focus on PCE inflation data release later.

Source: YAHOO

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