Daily digest market movers: All will be quiet on the Fed front

avatar
· Views 110


  • No ceasefire deal was reached over the weekend, which means Muslims in Gaza are entering the Ramadan fasting with little supply. 
  • Portuguese elections were a surprise with a swing to the right, though a coalition remains unclear. With more European countries facing an election year, a swing to the right could mean more protectionism on the trade front. 
  • Japanese equity markets took it on the chin on Monday after a revision of Gross Domestic Product (GDP) numbers showed that Japan made it just barely out of recession, casting doubts over an upcoming interest-rate hike.. 
  • The US Treasury Department is having its hands full this Monday with no less than three auctions: Near 15:30 GMT both a 3-month and a 6-month bill will be auctioned. At 17:00 GMT, a longer 3-year note will be placed in the markets. 
  • Equities are painting a very mixed picture this Monday at the start of the week. All Japanese indices are closing by over 2% in the red, while Chinese equity indices are up over 1%. Europe is not taking over the tone from China, and is trading by a near 0.50% in the red for both the German Dax and the overall Stoxx 50. The US equity futures are near flat or very mild in the red ahead of the US session. 
  • According to the CME Group’s FedWatch Tool, expectations for a Fed pause in the March 20 meeting are at 96%, while chances of a rate cut stand at 4%. 
  • The benchmark 10-year US Treasury Note trades around 4.05%, the lowest level in over a week. 


免責事項:本記事で述べられている見解は著者の見解のみであり、Followmeの公式見解を反映するものではありません。Followmeは、提供された情報の正確性、完全性、信頼性について一切責任を負いません。また、書面で明示的に記載されている場合を除き、本記事の内容に基づいて行われたいかなる行動についても責任を負いません。

この記事が気に入ったら、著者にチップを送って感謝の気持ちを表しましょう。
応答 0

古いコメントはありません。ソファをつかむ最初のものになりましょう。

  • tradingContest