China and the US. Also challenging the market movement is the Labor Day holiday in the US and Canada.
It should be noted that the US 10-year Treasury yields marked a nearly 2.0% daily loss the previous day after the US employment data disappointed the greenback bulls. However, the fears relating to the US-China tussles and energy crisis in the bloc seem to exert downside pressure on the market’s movement.
In addition to the Russia-linked energy problems and a likely recession due to the same, a halt in the US-Iran nuclear talks also amplifies oil woes for the old continent. “Iran nuclear talks stall again after latest response from Tehran,” said Bloomberg. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.