The busiest January on global markets in many years is raising hopes among exchanges and market venues that 2018 will spark a long-awaited rebound in trading revenues.
Volatility on foreign exchange markets has spiked after comments from the US Treasury secretary about the weakness of the US dollar sent the greenback tumbling and volumes rising.
Investors have also seen the 10-year Treasury yield, which sets the cost of money for the world, rise its most in more than a year on fears that inflation may be returning. Stock markets have dipped recently after rising on data showing strong growth in many of the world’s biggest economies.
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