Foreign exchange information for close to buying and selling on October 10, 2019In different markets:Spot gold is down 11,00
Foreign exchange information for close to buying and selling on October 10, 2019
In different markets:
- Spot gold is down 11,000 $0.42 or -0.76% at $1494.21
- WTI crude oil futures are larger by $1.13 or 2.15% at $53.72
Within the North American and European inventory markets immediately, all of the main indices closed larger. Various the European indices closed at session highs. The US indices reached up 1% and backed off. The S&P index was this largest gainer at +0.64%.
Within the US debt market immediately, yields transfer larger on the again of the exit out of flight to security trades. The 2 yr rose 7.5 foundation factors. The 10 yr rose 8.1 foundation factors. The yield curve was a bit bit larger versus yesterday’s shut. Right now, the US treasury auctioned off 30 yr bonds. The demand was about common.
The massive information immediately was supposed to come back out of Washington with the US/China talks commencing. There was additionally CPI information and the weekly preliminary jobless claims.
The CPI got here in a bit stronger than anticipated, however the YoY stays beneath the two.0%, however the core inflation ex meals and power remained unchanged at 2.4%. Actual common hourly earnings YoY remained considerably muted at 1.2% versus 1.4% final month.
So far as preliminary claims, they proceed to point out a strong jobs market with claims coming in at 210Okay vs 219Okay estimate.
The US/China commerce talks…