Market Snapshot – Yields Dominate the Markets For Now

Yields Come Into Play

The yields have come into the picture in the markets as the jump higher in the yields has led to some pressure on the stock markets. We saw the European indices mixed overall and this is likely to be the same story when the US trading session opens today. But this does not change the overall picture in the stock markets which continues to present a strong picture overall and this could mean that the stock markets continue in the uptrend for now. The oil prices have also been higher and it looks as though the oil prices would march higher towards their next target of $65. It does not show any signs of reversal as yet which makes $70 region a possibility as well over the next month or so.

Kodak and Telegrame Prepare for ICOs

In the crypto markets, the ICOs come into focus as Telegram and Kodak seek to capitalise on the ICO craze and are planning to launch their ICOs. The size of these ICOs are likely to be huge and though not much details are known at this point of time, it is likely be a cracker of ICOs as more and more big names join in on the crypto craze in the near future. This promises a bright and mature future for the crypto markets and should seek to soothe the feelings of many large investors in this field.