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Global Market Quick Take: Asia – February 13, 2024
US futures are pointing lower after the long weekend in much of Asia, and focus is on US CPI release due later today. Further re-affirmation of disinflation trends could bring 10-year yields back to 4% level, pushing US dollar lower against JPY and EUR. Japan’s Nikkei will be in focus amid weakness in yen and Softbank/ARM continuing to push higher. Bitcoin returned to 50k, and earnings focus shifts to Coca-Cola and Shopify today. table Equities: US futures pointed lower in the Asian morning after NASDAQ 100 slipped on Monday from a record high ahead of US CPI release due today. The S&P 500 also slipped ... (full story)
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- Posted: Feb 12, 2024 10:30pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 2,609
