US stock market open 26 August 2015
- S&P +13pts to 1881
- Dow +128pts to 15794
- Nasdaq +128pts to 4634
US 10 year yields 2.15% +8bp
And immediately we've pushed on
- S&P now +31 at 1899
- Dow now +360 at 16025
US 10 year yields 2.15% +8bp
And immediately we've pushed on
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Japan’s 30-year bond yield edged lower ahead of Thursday’s auction, but remains elevated as investors weigh fiscal risks tied to Sunday’s snap election and proposed tax cuts.
Live cattle futures see slight gains; feeder cattle jump. Boxed beef prices dip as slaughter numbers lag year-ago levels.
Westpac’s Ellis said the RBA may be forced into a second consecutive rate hike in March if data momentum builds, though May remains the central case as policymakers look to bring inflation down faster.
Cotton dips on slow sales & rising stocks; Coffee slumps on Brazil rains; Cocoa climbs on Ivory Coast delivery slowdown.
Lean hog futures mixed; USDA hog price $86.29. Coffee slumps on Brazil rains, cocoa climbs on Ivory Coast delays.
Wheat futures dip on global supply glut; coffee slumps on Brazil rains, cocoa climbs on Ivory Coast delivery slowdown.
S&P 500 futures climb on earnings, but AI jitters hit tech stocks. Alphabet's results loom large.
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