Afternoon Briefing 24 Mar 2023: Oil Rises on Strategic Reserve News

DCFX · 24 Mar 2023 26.5K Views

Asian Markets

Asian stocks mostly fell as investors weighed Yellen's statements on banks and Japan's core inflation slowed.



European Markets

European stocks closed lower and the Bank of England joined the Fed in raising rates despite the volatility.



US Pre-Open Markets

Dow rose because investors are considering bank issues and Fed decisions.



Commodities

Oil rose as the US delayed replenishing strategic reserves.



U.S. Treasury Yield

Treasury yields fell as investors weighed the outlook for the Fed's interest rate policy.



Major Currency Pairs

Dollar dropped as the Fed is still holding interest rates.



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