- The dollar index hits a three-year low of 97.60, and the euro scales $1.16 for the first time since Nov, 2021.
- Treasury yields fall across the curve, especially the long end, after a solid 30-year auction. 30-year yield is down 7 bps to 4.84%, on track for its biggest weekly fall since March.
- Wall Street posts modest gains, with the main three indices gaining 0.2-0.4%, led by tech.
- Oracle is the biggest advancer, up 13% to record highs after the cloud service provider raises its annual revenue growth forecast; Boeing is the biggest decliner, down almost 5% after a fatal Air India plane crash.
- Precious metals rise strongly, again. Gold up nearly 1% to nudge $3,400/oz, platinum adds 3% to nudge $1,300/oz and bring gains in last eight sessions to 25%.
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