LONDON (Reuters) - The dollar hit a four-month high on Wednesday after a rise in benchmark U.S. Treasury yields above 3 percent rattled some currency bears and led investors to consider whether the greenback was breaking out of a prolonged weak spell.
LONDON (Reuters) - Shares were on their way to the longest losing streak of the year on Wednesday, as an advance in U.S. bond yields beyond 3 percent and warnings from top global firms about rising costs fed fears that a boom in earnings may have peaked.
The Central Bank of Nigeria has stepped into the inter-bank sector of the foreign exchange market, yet again, intervening in the wholesale segment and other sectors of the market to the tune of $210m.
Next trading day's important events
- 14:45 (GMT 3) EMU - ECB Interest Rate Decision
- 15:30 (GMT 3) EMU - ECB Monetary policy statement and press conference
- USDJPY: 109.29
- EURUSD: 1.2173
- S&P 500: 2628.47
- NASDAQ: 6978.77