On the SPOT™ blog (03/06/2023) [A..]
Good start to the week as all three major US indices are in the green this morning. Looks like markets are continuing on last week's optimism as investors await Federal Reserve Chairman's testimony (Tuesday/Wednesday) to Congress. Treasury yields and oil prices also seem to have dropped this morning and GDP growth expectation coming out of China appears to be conservative (5%). It will be interesting to see if there will be some insights into FOMC's interest move later in March.
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