World stocks hit their highest in almost two years on Tuesday, keeping record hi...
traded near a six-week low against the greenback as the optimistic tone sapped demand for safe-haven currencies.briefly rose to a one-week high of 7.0188 versus the dollar.
Yields on safe-haven government bonds in the euro zone DE10YT=RR nudged higher, although the limited rise in borrowing costs suggested caution from bond investors. “What we have seen, especially if I look at the equity side, is that the optimism is quite high so we rather have the potential for a risk-off move,” said Sebastian Fellechner, a rates strategist at DZ Bank in Frankfurt., the world's biggest cryptocurrency, was 1.6% firmer at $7,236.71, recovering from a six-month low on Monday after the People's Bank of China launched a fresh crackdown on cryptocurrencies.
U.S. crude CLc1 was flat at $58 a barrel. Brent crude LCOc1 was also little changed on the day at $63.66 per barrel. Reporting by Dhara Ranasinghe; Additional reporting by Stanley White in TOKYO and Yoruk Bahceli in LONDON; Editing by Jon Boyle
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