SignalPlus Morning Briefing (10 May 2024)
You know it’s a quiet week when a small miss in weekly jobless claims (231k vs 212k) was enough to propel all major asset classes to move higher in unison….
You know it’s a quiet week when a small miss in weekly jobless claims (231k vs 212k) was enough to propel all major asset classes to move higher in unison….
Another quiet session for macro assets with prices largely in a holding pattern across the board. A couple of Fed speakers went on tape with diverging views — NY Fed…
Yesterday (May 6), the three major U.S. stock indices collectively closed higher under the favorable conditions of warming risk sentiment, with the yield on the ten-year Treasury falling below the…
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…