Will Stock Market Volatility Increase This Week?

The week ending April 27 was filled with many surprises, which were mainly positive. The US GDP and Employee Cost Index were higher than the expectations, which cleared the way for the Fed to continue tightening the policy. The US ten-year (IEF) broke 3% for the first time in four years. The US dollar recoupled with US bond yields and surged against all of the majors. Last week, North Korea and South Korea’s presidents met in person. Also, the US will initiate trade talks with China. Both of these developments were positive for the markets. ...