Feb 5, 2020
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week free trial to Bespoke Premium. CLICK HERE to learn more and start your free trial.
Global equities are in rally mode again this morning on easing concerns over the impact of the coronavirus and news of possible treatments. One number we’ve been watching closely over the last couple of weeks is the mortality rate which continues to drop. Through the latest reported global statistics, the mortality rate has dropped down to 2.01% which is the lowest we have seen since statistics have been published.
In economic news this morning, the ADP Private Payrolls report came in much higher than expected (291K vs. 157K). This was the strongest monthly print since May 2015 and the best report relative to expectations since the December 2011 report on 1/5/12 (325K vs 178K).
In economic news this morning, the ADP Private Payrolls report came in much higher than expected (291K vs. 157K). This was the strongest monthly print since May 2015 and the best report relative to expectations since the December 2011 report on 1/5/12 (325K vs 178K).
Feb 4, 2020
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week free trial to Bespoke Premium. CLICK HERE to learn more and start your free trial.
Feb 3, 2020
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week free trial to Bespoke Premium. CLICK HERE to learn more and start your free trial.
Jan 31, 2020
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week free trial to Bespoke Premium. CLICK HERE to learn more and start your free trial.
Jan 30, 2020
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week free trial to Bespoke Premium. CLICK HERE to learn more and start your free trial.
Long-term treasuries are rallying this morning on a combination of yesterday’s dovish FOMC statement and press conference coupled with a move out of riskier assets on renewed concerns that the coronavirus will have a negative impact on global growth. With the move in US Treasuries, the yield curve (10-year vs 3-month) is on the verge of inverting for the first time since last October as optimism over a global economic rebound has been called into question.
Jan 29, 2020
See what’s driving market performance around the world in today’s Morning Lineup. Bespoke’s Morning Lineup is the best way to start your trading day. Read it now by starting a two-week free trial to Bespoke Premium. CLICK HERE to learn more and start your free trial.
After more than three months without a 1% move in either direction, the S&P 500 has now had back to back daily 1% moves. First Monday with a decline of over 1% and then yesterday with a gain of over 1%. In the S&P’s history, there have only been four prior periods where the index went more than three months without a 1% move and then followed that streak with back to back moves of 1%. Yesterday’s 1% rally, however, was the first time that one of the two days included a 1% move to the upside.
