Global Yields, Oil Fall on US-Iran Progress; China PMIs Weak
Global bond yields and crude oil prices declined amid signs of US-Iran diplomatic progress, while weak Chinese PMIs added to economic concerns. Other headlines include a speculated US ban on China-related data centers and corporate reports.
Global bond yields and crude oil prices moved lower on reports of apparent progress in US-Iran negotiations.
China's latest PMI figures remained weak, underscoring ongoing challenges in the world’s second-largest economy.
Separately, market chatter speculated about a possible US ban linked to China and data centers, while news was also awaited from SanDisk and Western Digital.
Source: FXStreet Forex News