US yields drop on oil plunge fueling Nasdaq 100 to new all-time high
Saxo Market Call

US yields drop on oil plunge fueling Nasdaq 100 to new all-time high

2021-07-07
Today's slide deck: https://bit.ly/2Vk5EUd   -  A 5% plunge in oil prices yesterday took more steam out of the inflation trade sending the US 10-year yield to a fresh low hitting late February levels. The move caused Russell 2000 to decline and fueled a rally in Nasdaq 100 to a new all-time high. In equities the big story is China's crackdown on Didi Global that listed in the US last week despite warned by Chinese regulator to wait. In today's podcast we also cover Samsung earnings, at...
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