Saudi Arabia told OPEC its production last month was the lowest since 1990, a supply cut that drove oil prices higher.
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Saudi Arabia told OPEC its production was the lowest since 1990, a supply cut that surged oil prices.
Hot US PPI, rising long-term yields and weak Treasury buyback spurred dollar buying against the yen.
ECB rate hike and euro buying prevailed, strengthening the euro versus the dollar.
ECB raised rates as expected citing rising inflation risks, lifting the policy rate/yield.
Accelerating US PPI and weak Treasury buyback pushed Treasury prices lower, raising the 10Y yield.