ืžื“ื“ S&P 500

Market Updates at a Glance: 09 March 2022 (Wednesday)๐ŸŒŽ

92
โ˜›U.S Stocks Trying to Stabilize. CPI data in Focus.

โžคUS stocks continued the losses as market weigh U.S ban on Russia Energy, which could threatens to exacerbate inflation. Dow -0.56%, S%P 500 -0.72% & Nasdaq -0.28%, TLT (bond ETF) -1.01%.

โ˜›SY's view:
-S&P trying to stabilize near the previous low of 24 feb with lower TLT (bond).
-Eyeing the CPI report.

โžคThe US dollar index edged slightly lower, above 99 near two-year high. Treasury yields were rising across the curve, with the 10-year Treasury yield rose to 1.86%

โžคEUR rebounded to 1.0894, ending a five-day losing streak. GBP was flat near 1.31.

โžคPull back in commodities currencies with AUD fell for a second day to 0.727.

โžคGold extended the gains, near to $2050, with intraday high hit $2075. VIX (fear index) 35

โžคOil (Brent. UK oil) continued higher near to $130, despite the unexpected build of US crude stockpiles last week.

โžคBTC traded near $39,000, while XRP 0.7280.

โ˜›Upcoming high impacts events/news (GMT+8):
U.S CPI m/m-10/3 9.30pm
U.S Prelim UoM Consumer Sentiment-11/3 11pm

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