S&P 500 Futures, US Treasury bond yields drop on China news, US inflation, Fed Minutes in focus – by anilpanchal7 SP500 Futures YieldCurve Fed China
S&P 500 Futures snap two-day recovery, yields defend previous weekly loss.Risk appetite
Taiwan President Tsai Ing-wen’s US visit triggered a fresh bout of US-China woes as Beijing conducts strong military drills near Taiwan Strait. “China's military simulated precision strikes against Taiwan in a second day of drills around the island on Sunday, with the island's defense ministry reporting multiple air force sorties and that it was monitoring China's missile forces,” reported Reuters.
On the same line are fears of global recession, inflicted by the US, amid downbeat US data and easing global hawkish talks. Elsewhere, central bankers from Australia and Canada have recently announced a pause in their rate hikes and favored economic woes.
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