Sentiments soured overnight with benchmark equity indices closing red across the board in NY as well as in

GBL: Spooked?

Global Markets Daily by Saktiandi Supaat

FX Research

Sentiments soured overnight with benchmark equity indices closing red across the board in NY as well as in Europe. NASDAQ was particularly hit amongst its peers, down -1.4%, weighed by the decline in tech stocks. There was no obvious trigger for the sell-off with some pinning to quarter end correction. The third reading of US growth came in at 1.4%y/y, revised higher on stronger consumption. USD did not give it much attention with the DXY index dictated by the upswing in the EUR...