SignalPlus Vol Commentary (02 May 2024)
Yesterday (1 MAY), the U.S. ADP employment figures for April increased by 192,000, exceeding the expected 175,000, marking the largest increase since July 2023. During the FOMC meeting early this…
Yesterday (1 MAY), the U.S. ADP employment figures for April increased by 192,000, exceeding the expected 175,000, marking the largest increase since July 2023. During the FOMC meeting early this…
Couple of unfriendly econ data prints affected risk sentiment for much of the NY session. US Q1 GDP came in at 1.6% vs 3.4% in Q4, with personal consumption decelerating…
Influenced by the latest round of Middle Eastern geopolitical news, Bitcoin’s intraday drop exceeded 4%, reaching a low of 63606, and forming a support level around 64000. Due to the…
A lack of geopolitical escalation over the weekend and and early week risk-rebound from oversold positions rallied risk markets across the board yesterday. Fixed income volumes were 60–70% of normal,…
Yesterday (April 22), the U.S. stock market saw a slight rebound in risk sentiment, ending a six-day losing streak for the S&P 500, giving the market a breather ahead of…