By Jamie McGeever
ORLANDO, Florida (Reuters) -TRADING DAY
Making sense of the forces driving global markets
By Jamie McGeever, Markets Columnist
Well, that time out in the ‘everything rally’ didn’t last long. Wall Street and precious metals hit new highs on Wednesday as investors shrugged off any potential reason to play safe, such as the U.S. government shutdown, and resumed buying.
More on that below. In my column today I look at the amount of foreign-owned Treasuries held at the Fed, which has just fallen to a 13-year low, and what this might tell us about ‘de-dollarization’ and overseas demand for U.S. assets.
If you have more time to read, here are a few articles I recommend to help you make sense of what happened in markets today.
Today’s Key Market Moves
Today’s Talking Poin