Spain’s health minister says there are no serious cases of blood clots related to the AstraZeneca vaccine in the country
six countries to suspend the vaccine temporarily
six countries to suspend the vaccine temporarily
Schlagwort-Archiv: GBP
What to expect from the ECB later today?
The main objective is to downplay the rise in bond yields, but how?
It will be all about the language and communication by the ECB today as the central bank looks to push back against recent bond market developments, or at least keep things in-check and prevent any further rise in yields just in case.
It will be all about the language and communication by the ECB today as the central bank looks to push back against recent bond market developments, or at least keep things in-check and prevent any further rise in yields just in case.
Denmark suspends use of AstraZeneca vaccine due to serious cases of blood clots
As announced by the Danish health authority
The rollout and use of the AstraZeneca vaccine is halted temporarily in the country amid concerns that it is leading to increased risks of blood clots.
The rollout and use of the AstraZeneca vaccine is halted temporarily in the country amid concerns that it is leading to increased risks of blood clots.
US MBA mortgage applications w.e. 5 March -1.3% vs +0.5% prior
Latest data from the Mortgage Bankers Association for the week ending 5 March 2021
Once again, amid the recent surge higher in yields/rates, it could dampen mortgage activity after the more robust recovery seen during the immediate period of the pandemic.
Once again, amid the recent surge higher in yields/rates, it could dampen mortgage activity after the more robust recovery seen during the immediate period of the pandemic.
Treasury yields gradually climb ahead of North American trading
The market continues to keep more tentative so far today
10-year yields are up 3.7 bps to 1.563% currently, near the highs for the day as all eyes will be on the auction later in the day at 1800 GMT.
10-year yields are up 3.7 bps to 1.563% currently, near the highs for the day as all eyes will be on the auction later in the day at 1800 GMT.
GameStop back at it again as pre-market trades up 18%
That puts it on track for the highest open since 1 February
As much as the rebound in tech yesterday was impressive, GME is doing its thing again as it shoots higher in pre-market trading once more today.
As much as the rebound in tech yesterday was impressive, GME is doing its thing again as it shoots higher in pre-market trading once more today.
EUR/USD turns flat as dollar keeps little changed on the day amid tentative mood
The dollar is staying little changed as the overall market mood is tentative
EUR/USD is trading back to flat levels now at 1.1900 after having eased lower to 1.1870 earlier at the start of the session. Of note, price is still keeping just below its 100-hour moving average (red line) @ 1.1911 so sellers are still
EUR/USD is trading back to flat levels now at 1.1900 after having eased lower to 1.1870 earlier at the start of the session. Of note, price is still keeping just below its 100-hour moving average (red line) @ 1.1911 so sellers are still
Calmer tones prevail for now in European morning trade
The market isn’t chasing a clear theme to start the day
With US February CPI data and the 10-year Treasury auction to follow later in the day, it is panning out to be a bit of a snoozefest here in Europe.
With US February CPI data and the 10-year Treasury auction to follow later in the day, it is panning out to be a bit of a snoozefest here in Europe.
Treasury yields stay on the retreat ahead of North American trading
10-year Treasury yields are down by nearly 7 bps to 1.521%
The drop sees 10-year yields fall to their lowest since last Thursday, backing off from a test of 1.60% yesterday. The retreat in yields is keeping risk assets more buoyed with European indices holding modest gains now as US futures keep higher.
The drop sees 10-year yields fall to their lowest since last Thursday, backing off from a test of 1.60% yesterday. The retreat in yields is keeping risk assets more buoyed with European indices holding modest gains now as US futures keep higher.
AUD/USD runs into a test of key near-term levels as dollar holds weaker on the day
AUD/USD moves up to test its 100-hour moving average
Of note, the pair is testing resistance from its 100-hour moving average (red line) @ 0.7715, trendline resistance @ 0.7704 and the 23.6 retracement level @ 0.7713.
Of note, the pair is testing resistance from its 100-hour moving average (red line) @ 0.7715, trendline resistance @ 0.7704 and the 23.6 retracement level @ 0.7713.