SignalPlus Morning Briefing (07 May 2024)
A very quiet session in the markets buoyed risk sentiment as we highlight, as markets carried on with their inertia after last week’s dovish developments (Fed policy asymmetry towards weaker…
A very quiet session in the markets buoyed risk sentiment as we highlight, as markets carried on with their inertia after last week’s dovish developments (Fed policy asymmetry towards weaker…
For the first time all year, we had a below-consensus payroll print (that didn’t surprise to the upside), with headline job creation coming in at +175k (from a previous average…
The past week ended up to be largely a supportive week for risk assets, with a FOMC did their best to avoid a ‘hawkish pivot’, and double downed on their…
Market BTC failed to fully recover from $65,000 and fell below the key psychological support level of $60,000 even before the FOMC meeting. I recommended hedging at $67,000 last week…
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…