In this context, US Treasury yields dropped and stocks advanced, boosted by gains in the tech sector. Across the Atlantic, euro area sovereign yields followed their US counterparts and also declined. Equities were mixed in the region, with some weakness in France and strength elsewhere. The euro traded around 1.16 against the US dollar.
In commodities, oil prices eased further on higher US inventories and ahead of the OPEC+ meeting this weekend, where members are expected to increase output targets. Crude prices are now down 2.5% for the week, with Brent trading around $67 per barrel.
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