Here's what you need to know for Tuesday, March 29:

The index of Wall Street's main companies closed the first day of the week in positive territory and the dollar lost some interest. The US Dollar Index consolidates its recent gains near 99.00 early Tuesday and the 10-year US Treasury yield remains relatively calm below 2.5% after hitting a multi-year high of 2.55% on Monday. Later in the day, the Conference Board's Consumer Confidence Index and the January Home Price Index will feature in the US economy.

The market mood remains relatively upbeat as the European stock market enters trading hours, with US stock index futures gaining 0.2%. Earlier in the day, the Chinese city of Shanghai announced that they will implement economic policies to assist firms in the latest coronavirus quarantine.

Ukraine-Russia War

The China Securities Times newspaper said that the People's Bank of China is expected to lower the required reserve ratio soon. Meanwhile, the Financial Times Newspaper reported that Russia will no longer demand "minorization" of Ukraine in the upcoming negotiations.

In the Stock Exchange Today

EUR/USD fell below 1.1000 on Monday but closed the day just below that level almost unchanged. The pair is moving sideways in the early hours of Tuesday.

GBP/USD lost more than 100 pips on Monday and was last seen fluctuating in a narrow range near 1.3100. Bailey, the Governor of the Bank of England (BOE), noted that they are starting to see evidence of a slowdown in growth. "The situation is very volatile," Bailey said of the May rate decision.

USD/JPY hit a multi-year high of 125.11 on Monday, with the Bank of Japan's (BOJ) 10-year tight-rate purchases for Japanese government centers augmented by production prices. During Asian stock hours, Japanese Finance Minister Shunichi Suzuki said they are closely monitoring the market mood to avoid the JPY's negative weakness. USD/JPY is trading in negative territory in the mid 123.00s as it enters the European stock market.

Gold fell sharply on Monday with higher US T-bond yields but appears to be pegged above $1,920 early Tuesday.

Bitcoin managed to improve on the previous week's rally and posted gains for the seventh day on Monday. At the time of writing, BTC/USD was up around 1% at around $47,500. Ethereum maintains its bullish momentum and is trading at its highest level in more than two months at around $3,400.

You may also be interested in these: Current Gold Prices

: