US Markets had a relatively quiet day yesterday with the major share indices all closing close to flat as Tesla earnings missed estimates and Alphabet reported a stronger quarter on the back of its cloud service and google ads.
US treasury yields dropped lower after Home Sales data and the Richmond Manufacturing Index both came in lower than expectations and the Yen pushed higher again against the greenback and on the crosses.
Traders are expecting a busy day ahead with a raft of PMI numbers due out across the globe as well as the key rate decision due out of Canada.
| Market | Change | Close |
| Dow | -0.14% | 40,358 |
| S&P | -0.16% | 5,555 |
| Nasdaq | -0.06% | 17,997 |
| USD | +0.1% | 104.45 |
| US Treasury – 2 Year | -3.6 bps | 4.487% |
| US Treasury – 10 Year | -1.7 bps | 4.243% |
| Oil – Brent | -1.7% | $81.01 |
| Oil – WTI | -1.8% | $76.96 |
| Gold | +0.3% | $2,405 |
Today’s Events:
European Session
- 5.15 pm – EU – French Flash Manufacturing and Service PMI Data
- 5.30 pm – EU – German Flash Manufacturing and Service PMI Data
- 6.30 pm – UK – Flash Manufacturing and Service PMI Data
US Session
- 11.45 pm – Canada – Bank of Canada Rate Decision. Statement and Monetary Policy Report
- 11.45 pm – US – Flash Manufacturing and Service PMI Data
- 12.30 am – Canada – Bank of Canada Press Conference
