Bond received't be spoiling the occasion in US buying and selling at the moment

It is Veterans Day within the US and Remembrance Day in Canada.

It is a type of holidays that is not fairly a vacation as inventory markets will commerce usually however the bond market is closed. It is also a type of holidays the place authorities places of work are closed, which suggests there is no such thing as a financial information.

So all of it provides as much as a lightweight financial calendar and a backdrop that is good for momentum trades in equities. That is definitely the case to this point with S&P 500 futures up zero.four%. Equally, the greenback has prolonged final week’s positive factors and that is boosted the Greenback Index to the most effective ranges since July.

DXY each day

The euro is on the lowest ranges since April.

This text was written by Adam Button at www.ubaidahsan.com.



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