Equities Try to Stabilize and Low Short-Term Rates Help Keep the Dollar on the Defensive
Marc Chandler
February 24, 2021
Overview: The sharp recovery in US shares yesterday that saw the S&P 500 snap a five-day slide failed to carry into Asia Pacific trading earlier today. All the markets fell save India and Singapore. Losses were led by a 3% drop in Hong Kong as the first increase in the stamp duty (financial transaction tax) since 1993 was announced (0.13% f…
Equities Try to Stabilize and Low Short-Term Rates Help Keep the Dollar on the Defensive
Reviewed by Marc Chandler
on
February 24, 2021
Rating:
