Danger urge for food being examined as soon as once more at this time

E-minis 24-02
  • S&P 500 futures -0.2%
  • Nasdaq futures -0.3%
  • Dow futures -0.2%
  • Russell 2000 futures -0.2%

The extra sombre temper from Asia is holding danger sentiment extra tepid as we begin European morning commerce, with the three% drop within the Dangle Seng (HK authorities elevating stamp obligation tax on the inventory marketplace for the primary time since 1993) a serious dampener.

That mentioned, US futures had been additionally trying extra sluggish earlier on with Nasdaq futures falling by 1% earlier than recovering these losses to be down by 0.3% now.

Very similar to yesterday, buying and selling at this time might be a take a look at of the market’s danger urge for food and the way buyers are taking to the Fed put and dovish central financial institution mantra as an entire.

Within the main currencies house, the franc and yen are among the many laggards nonetheless after the rebound in Wall Road yesterday. The latter is buying and selling to close two-year lows towards the aussie after EUR/CHF broke above 1.1000 for the primary time since December 2019.

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