Diverging Risk Sentiment

Forex News and Events: The overall risk sentiment is diverging between Asia and the US. While the Asian stocks are risk-on over hopes that Abe will boost the leading Asian economy, the US remains stuck in its “fiscal” dead-lock, with no concrete solution three days ahead of the deadline. The US risk-off sentiment gained more fields yesterday as the consumer index collapsed to 65.1. The US stocks fell and the US 10-year government bond yield hit 1.7008, two-week low. The S&P500 collapsed to

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