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

avatar
· 閱讀量 102


  • 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. 


風險提示:本文所述僅代表作者個人觀點,不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證,對於基於該內容所採取的任何行為,不承擔任何責任,除非另有書面明確說明。

喜歡的話,讚賞支持一下
回覆 0

暫無評論,立馬搶沙發

  • tradingContest