US #stockmarkets Closed Mixed Again, Asian markets are flat ahead CPI US Print at 12:00 GMT today. USD It has fallen as EUR & AUD outperform. Treasuries A tad (10-year at) was recovered 3.434%), #Gold Hits $2,020 #USOil Moves to $81.50 despite increased inventory #BTC It holds onto $30k level. Fed’s Harker the “Fed may soon be done” and Goolsbee the Fed “needs to be careful about raising rates too aggressively in its efforts to tame inflation”, turned more Dovish. Kashkari remained Hawkish, “would be much worse for jobs if we failed to get inflation down”. CME Fed Futures have a 69% Chance of 25 bp increase in the interest rate in May A hold starting in June?
Overnight Data Japanese #PPI Get cooled to 7.2% Starting at 8.3% However, it is still very high. #Machine Orders Significantly decreased (-4.5%) But not as bad as you might expect (-6.4%) Starting at 9.5%.
- FX – USDIndex The price was not set 101.65 Below is where it remains. 102.00 Today. EUR Over 1.0900 Trades today 1.0925. JPY Bruted 134.00 Today, from a check back to 133.00 yesterday. STerling Over 1.2400 At 1.2425.
- Stocks – US markets close mixed with Tech underperforming (+0.29% to 0.433%). #US500 Closed at 4109 – US500 Today, FUTS are lower 4134 Starting at 4150…