Tuesday, 28 March 2017

The dollar was little changed, U.S.crude CLc1 gained

The U.S. 10-year bond yield US10YT=RR, which hit a one-month low on Monday, rose to 2.3836 percent on Tuesday. 


The dollar was little changed at 110.63 yen JPY=D4 after recovering from its lowest level since November on Monday.

The dollar index .DXY inched up to 99.226 after slumping to a 4-1/2-month low on Monday.
The euro EUR=EBS was steady at $1.0861 on Tuesday, after touching its highest point since November on Monday.

Sterling GBP=D3 was flat at $1.2554, with Prime Minister Theresa May due to formally notify the European Union of Britain's intention to leave the club on Wednesday. It hit a seven-week high on Monday.

In commodities, the return of risk appetite and the dollar's relative weakness helped lift oil from a level close to the 3-1/2-month low seen last week, but gains were capped by lingering concerns about whether OPEC-led output cuts can offset surging U.S. production.

U.S. crude CLc1 gained 0.5 percent to $47.98 a barrel, after dropping as much as 1.9 percent on Monday.

Global benchmark crude LCOc1 rose 0.5 percent to $50.99.

Gold XAU= was flat at $1,253.83 an ounce on Tuesday, after pulling back from the one-month-high touched on Monday.

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