#USD & Treasury yields have been rising. Stock markets have be | kamal

#USD & Treasury yields have been rising. Stock markets have been under pressure, hit by the surge in yields with the tech-heavy index (USA100) plunging -2.26% as selling picked up into the close. The market has priced in a lot of bearish elements, yields shot higher again on hawkish comments from Fed, RBA. Disappointing China PMI reports weighed on both bond and stock market sentiment. #USOil up to $102.48 as West mulls further sanctions against Russia. - Saudi boosted prices by over by $2 per barrel in late March. US coal prices climbed over $100 a ton today for the first time in 13 years after the EU said it is mulling restricting coal imports from Russia. #EURUSD dipped to 1.0883, USDJPY continued to struggle at 124.04, Cable back to 1.3120 now. AUD and NZD also remained supported as yields moved higher.

Biggest FX Mover @ (07:30 GMT) #USDCHF (+0.37%) At 6-day highs and close to R2 at 0.9331. Next resistance 0.9376. MAs aligned higher, MACD signal line & histogram higher & over 0 line, RSI 77 & rising.