The Asian shares made a strong start to the session and continued flirting with record highs, despite the uncertainty of Wall Street. US Treasury bonds declined on Wednesday, dragging the dollar down after rising interest rates and declining balance sheets. The weak dollar, coupled with a synchronous global economic expansion, has been a powerful catalyst for emerging markets, including those in Asia. On the other hand, the raw materials show an increase, with the main winners being oil and copper.
Source: Bloomberg Pro Terminal
Jr Trader Petar Milanov
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