Yields Slip with Powell’s Dovish Sentiment

Markets have taken hits this morning as traders assessed a growth slowdown in China and Fed Chair Jerome Powell’s dovishness which comes despite a hawkish tilt across global central banks. Powell said it was too soon to scale back to monetary support even though inflation has risen faster than expected.

The 10 year US rate dropped to 1.33% and the dollar has weakened against haven currencies. Netflix (NFLX) has jumped in premarket on plans to expand into video games.

Tune in to hear what's moving Thursday's market and where to trade to end up in green.