Delta Doubts Fade – Investing.com

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Delta Doubts Fade – Investing.com

North American markets continue to put Monday’s “Delta-dip” behind them, with Wall Street rising once again overnight on strong corporate earnings and despite a slightly weak bond . Asian equity markets were also trending higher in a follow-the-leader play as the data calendar remains ultra-light with a dearth of market-moving news headlines. Japan markets are closed today and tomorrow for national holidays, which will likely reduce volatility until the end of the week. Other asset classes also unwound their Monday Delta-dip overnight as nervousness faded and the buy everything in a zero per cent world equilibrium reasserted itself. The pared recent gains, retreated slightly, and US long-dated bond yields edged higher. rose impressively despite higher official US , and my old friend staged an impressive rally. Bitcoin rises after Musk comments Bitcoin jumped nearly 8.0% from below USD 30,000.00 of fiat US currency, dragging and some other digital things higher with it. Our old friend Elon Musk was behind the move, stating he owned a few digital coins and might start accepting Bitcoin again soon for Tesla's (NASDAQ:). Somehow, in the space of a couple of months, Mr. Musk feels that the Bitcoin mining industrial complex is well on