Wednesday, June 19: Five things the markets are talking about
The dollar is largely unchanged overnight against G10 currencies as investors await central bank meetings, including the conclusion of the Fed's two-day meeting later today.
Markets are entering uncharted waters, sovereign yields trade atop of year lows, equities looking to breach new highs now that cracks are appearing in 2019 tighter monetary policy rhetoric amongst G10 central bank members.
Yesterday, ECB president Draghi signaled that the central bank could embark on new stimulus measures in light of risks over the eurozone's economy. This potential shift