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Forexlive Americas FX news wrap 21 May: Higher US yields worry markets.30Y at new '25 high
Session wrap
Wrap Nth America
- Major US stock indices close today lower as yields rise
- US House Majority Leader Scalise. House will vote on tax bill today
- Crude oil futures settle at $61.57
- ECB Escriva: EUR recent appreciation was a surprise
- Is Apple in serious trouble?
- US Treasury auctions off $16B of 20-year bonds at a high yield of 5.047%
- German FM Klingbeil met with US Treasury Secretary Bessent: Agreed to meet again
- Pres. Trump: Feeling very good on "the big, beautiful bill" in Congress
- European indices turn mixed on the day at the close
- EIA US weekly oil inventories +1328K vs -1277K expected
- Shares of Target fall 7% as the company highlights consumer weakness
- ECB's Centeno: We made need rates below neutral rate to prevent inflation sub-2%
- Canada April new housing price index -0.4% vs 0.0% prior
- Forexlive European FX news wrap: UK inflation surprises to the upside
- US House Speaker Johnson: We came to $40,000 SALT deduction cap agreement
- ECB's de Guindos: 2% price goal to be reached sooner than later
- US MBA mortgage applications w.e. 16 May -5.1% vs +1.1% prior
- ECB's Kazaks: The ECB will soon reach terminal rate if baseline holds
Source: Forex Live
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