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German DAX Records Meet a Treasury Market Under Strain

The German DAX record high is back in reach after four straight higher sessions, helped by cheaper energy and resilient eurozone data.

Fawad Razaqzada
Fawad Razaqzada

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German DAX Records Meet a Treasury Market Under Strain

The German DAX record high is back in reach after four straight higher sessions, helped by cheaper energy and resilient eurozone data.

 

Fawad Razaqzada, StoneX Media Market Analyst, breaks down what is driving European equities, where oil fits in, and why bonds still matter.

 

Lower oil prices pulled geopolitical risk premium out of energy markets and helped longer dated U.S. Treasury yields fall back. The U.S. Treasury has also expanded its long dated buyback operations, while concerns over U.S. debt and the so-called dollar debasement trade keep investors interested in gold and Bitcoin. Attention now turns to Jackson Hole and the speech from Kevin Warsh.

 

 

This content was created by an affiliate of FOREX.com and represents the views and opinions of the author/speakers, not the views and opinions of FOREX.com, StoneX Group Inc., or its subsidiaries. The content has not been independently reviewed by FOREX.com.

 

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