In the New York market on the 14th, stocks moved lower while crude oil prices rebounded. US yields rose, and the euro saw notable buying against the dollar. Trading was mixed, with movements in major indicators and currencies.
In the New York market on the 14th, the Dow fell and the Nasdaq also declined. USD/JPY closed at ¥159.32, EUR/JPY at ¥184.33 and EUR/USD at $1.1570, with major currency pairs showing movement. Developments in German long-term yields, which reached their highest level since July 2019, also affected the market.
The US 10-year Treasury yield stood at 4.69%, up from the previous day. WTI September crude oil futures rose to $82.40 a barrel, while gold also rebounded. US retail sales and consumer sentiment indicators repeatedly came in below market expectations, at times temporarily intensifying upward pressure on US yields.
Against the backdrop of developments in European markets, the euro saw buying against the dollar, while EUR/JPY maintained a firm tone. The euro strengthened at times in response to rising German long-term yields, while the dollar was also noted to be weakening.
In the US market, long-term yields and energy prices moved in opposing directions. While buying of crude oil continued, uncertainty over the situation in the Middle East remained a risk factor influencing market expectations.