The key US inventory indices are opening decrease. Yesterday the costs have been additionally down on the day however solely marginally. The greenback indices additionally retraced giant declines intraday.
A snapshot of the market at present reveals:
- Dow industrial common down 78 factors -0.26% at 30195.99
- S&P index down 6 factors or -0.17% at 3777
- NASDAQ index unchanged at 11148.00
- Russell 2000 index down down -3.12 factors or -0.18% at 1759.56
Within the US debt market:
- 2 yr yields are at 4.179 up 2.9 foundation factors
- 5 yr yields are at 4.002 up 4.4 foundation factors
- 10 yr and is at 3.771+1.4 foundation factors
- 30 yr 3.752 down -1.2 foundation factors
The US greenback is shifting larger with all the main currencies vs. the US greenback buying and selling at new session lows (i.e. the greenback is at session highs vs all of the currencies).
- EURUSD has moved away from its 100 hour shifting common at 0.98676 and at present trades at 0.98388.
- GBPUSD can also be shifting away from its 100 hour shifting common at 1.1299 and trades at 1.1237.
- USDJPY is shifting away from its close to converged 100 and 200 hour shifting averages at 144.57. The present costs buying and selling at 144.75 under the important thing 145.00 degree
- USDCHF is buying and selling away from its converged 100 and 200 hour shifting averages at 0.98495. It trades at 0.9869
- USDCAD broke above its 200 hour shifting common at 1.36714. The brand new excessive worth simply reached 1.36984 slightly below the pure resistance at 1.3700
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