| Index | Last | Change | % Change |
|---|---|---|---|
|
trading higher
|
39,375.87 | +67.87 | 0.17%Positive |
|
trading higher
Nasdaq Composite Index
.IXIC |
18,352.76 | +164.46 | 0.90%Positive |
|
trading higher
S&P 500 Index
.SPX |
5,567.19 | +30.17 | 0.54%Positive |
Fixed Income
Last Friday’s NFP caused Treasuries to rally.
US 10-year treasury yields at 4.30% after peaking at 4.4930% last week.
This Thursday, U.S. consumer price report (CPI), headline inflation expected to slow to 3.1%, from 3.3%, with the core steady at 3.4%.
Equities
Equities supported by hopes of rate cut.
MSCI’s Asia-Pacific ex-Japan +0.1%, after last week’s 2-year peak.
Nikkei firmed 0.2%, near record highs.
Chinese blue chips CSI 300 -0.4%.
Earnings season kicks off this week when Citigroup, JP Morgan & Well Fargo all report.
Forex
EUR dipped to $1.0828 , after peak of $1.0843 last Friday when soft NFP undermined USD.
Commodities
Gold near one-month highs at $2,385 an ounce.Oil slipped as market waited to see what impact Hurricane Beryl might have on supplies from Mexico Gulf.Brent -14 cents to $86.40, U.S. crude -29 cents to $82.87 per barrel.
For more news, visit Reuters.com
