S&P 500 Futures, US Treasury yields portray market’s anxiety ahead of Fed Chair Powell’s testimony

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

S&P 500 Futures, US Treasury yields portray market’s anxiety ahead of Fed Chair Powell’s testimony – by anilpanchal7 SP500 Futures YieldCurve Fed RiskAppetite

While portraying the mood, S&P 500 Futures print mild gains around a two-week high marked the previous day, up 0.15% intraday near 4,060 at the latest. It’s worth noting that Wall Street closed mixed the previous day. Elsewhere, US 10-year Treasury bond yields initially dropped to a one-week low of 3.897% on Monday before ending the day with mild gains near 3.96%, staying around the same level by the press time.

An improvement in the US Factory Orders for January, to -1.6% MoM versus -1.8% expected and -1.7% prior, appeared to have triggered the rebound in the US Treasury bond yields after an initial pullback on Monday. Elsewhere, the fears emanating from the likely Sino-American tension, due to the anticipated meeting of the US and Taiwanese Officials, join recent doubts about the Fed’s hawkish move to challenge the traders ahead of the key events. Additionally probing the optimists could be the Financial Times headlines suggesting China’s lowest growth target in decades signals a new era of caution.

During the last week, the softer prints of the second-tier US data, including ISM PMIs, Consumer Confidence and Durable Goods Orders joined comments from AtlantaLooking forward, Federal Reserve Chairman Jerome Powell appears before the Senate Banking Committee on Tuesday and will be eyed for clear directions. The policymaker should defend the US central bank’s hawkish bias to keep the bears hopeful ahead of Friday’s US jobs report.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 14. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Forex Today: Stocks Slide on More Hawkish Fed CommentsFed\u2019s Bostic Wants Rates \u003E5% Into 2024; US 2-Year Treasury Yield Hits 15-Year High; S\u0026P 500 Index Flirts With 200-Day MA
출처: Daily_Forex - 🏆 567. / 51 더 많은 것을 읽으십시오 »

This fund is trouncing the S&P 500 by focusing on international stocksThe Third Avenue Value Fund has outperformed the S&P 500 in 2022 and the early months of 2023.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »