Brent Nears $120 as Nasdaq Tests 25,800 and US 10-Year Yield Hovers at 5%

Three markets are converging on decisive levels at once: Brent crude is testing $120 resistance on Middle East supply risk, the US 10-year yield is holding near 5% as inflation and growth fears compete, and Nasdaq is barely clinging to 25,803 support on AI-financing concerns. With the Fed, GDP, PCE and Big Tech earnings all landing next week, the interaction between these three could matter more than any single move. The post Brent Nears $120 as Nasdaq Tests 25,800 and US 10-Year Yield Hovers at 5% appeared first on ActionForex.