SignalPlus Morning Briefing (19 Apr 2024)
Geopolitical tension and negative sentiment appear to be unravelling rapidly. While the US session started innocuously with initial jobless claims staying remarkably stable (~210k for 5 out of 6 weeks)…
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Geopolitical tension and negative sentiment appear to be unravelling rapidly. While the US session started innocuously with initial jobless claims staying remarkably stable (~210k for 5 out of 6 weeks)…
Yesterday (17APR), due to strong demand for issuance, US Treasury yields collectively saw a slight pullback from their highs. The ten-year yield returned below 4.6%, closing at 4.575%. The two-year…
Yet another risk-off day in markets yesterday as traders remain in damage control mode. Treasury prices rebounded a day after Powell threw cold water on rate cuts for this year,…
Yesterday, strong economic data from the United States prompted the Atlanta Fed’s GDPNow model to raise its forecast to 2.9%, far exceeding Wall Street’s predictions. Meanwhile, concerns about inflation intensified, with…
Markets managed to take a short breather yesterday, although PNL tension remains high with choppy intraday price action and thin order book liquidity. China data started on the day with…