Opening Bell: Reflation Trade Sees Futures, Stocks Climb; Dollar, Yields Slide – Investing.com

Opening Bell: Reflation Trade Sees Futures, Stocks Climb; Dollar, Yields Slide – Investing.com

Europe's STOXX 600 set for longest winning monthly streak since 2013

Yields slide below 1.3%

Bitcoin falters

Key Events

, , and futures contracts as well as European equities advanced on Tuesday, after US markets carved out new all-time highs in trading on Monday. 

Oil continues to slide as OPEC+'s monthly meeting looms.

Global Financial Affairs

The and tech-heavy posted consecutive records in yesterday’s Wall Street trading session. In Europe today, stocks are set for the seventh month in a row of gains as investors are optimistic that central bank policy will offset risks from the resurgence of the coronavirus.

Miners, automobile makers and technology stocks boosted the Index, which is noteworthy, considering these sectors represent both sides of the reflation trade—value and growth stocks—mirroring the US market.

The UK's edged lower, even after Monday's bank holiday. Local traders didn’t appear to feel the need to catch up with US markets or pan-European benchmarks.

Asian markets opened lower on Tuesday and missed the momentum afforded by the preceding US session’s all-time highs, as regulatory concerns exacerbated worries of a slowing economy in the region as the Delta variant of COVID continues to spread. However, dip buyers came in and