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FXY - Quiet Start To The New Week In Which Politics May Dominate
Invesco CurrencyShares Japanese Yen Trust
Overview
The global capital markets have begun the new week on a cautious tone as investors seek to assess the latest news on the new coronavirus. Nearly all the markets in Asia fell but China. European bourses are lower as well, with the Dow Jones Stoxx 600 off about 0.3%. US shares are soft but little changed. Benchmark yields are slightly lower in Europe after Asia-Pacific bond yields eased to catch up the move in the US ahead of the weekend. The US 10-year yield is around 1.57%. The dollar has a heavier bias today,