Quick look at markets taking a pause after recent volatility drop

  • Tentative start

Measures of volatility are broadly lower on more positive sentiment surrounding potential for vaccines effectiveness around the Omicron variant

volatility

Dollar finding bids on anticipation of a hot CPI print later today

CPI

Commodities slightly off the boil from recent recovery highs

Copper

Yields up. US yields rising in antcipation of the Fed's hand being pushed by a hot CPI today. 3 hikes currently priced in for next year.

US 02

Finally, stocks off highs, but the broader recovery has been marked with the S&P500 able to get back to pre-Thanksgiving levels

US

In summary markets are just flat with not much to drive them.

Major drivers remain Omicron variant headlines and Fed policy expectations.

Top Brokers

Sponsored

General Risk Warning