Market Comment | Positive market reaction as Yellen’s remarks perceived as mildly dovish

Financial markets were in a positive mood, as equity volatility diminished across the board following the FOMC’s Janet Yellen’s remarks, which judging by market reaction were interpreted as dovish. Government yields fell across the board, boosting equity prices. Moreover, a rise in oil prices due to lower inventories also underpinned the positive sentiment. US Treasury […]

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