VIP Analysis report 23/11/2021 by Peter Cruz

Mr. Peter

Anggota Staf
Analyst: Peter Cruz

Market Brief

US 10-year Treasury yields stay intact after the heaviest daily jump in over a week. Fed rate hike concerns gain boost from US President Biden, US data. PMIs for November eyed for fresh impulse ahead of Wednesday’s FOMC Minutes. Market sentiment remains sluggish during Tuesday’s Asian session as Japan’s Labour Thanksgiving Day holiday restricts bond and equity moves.

On the data slate there’s German Manufacturing, Services & Composite PMIs; Euro-Zone Manufacturing, Services & Composite PMIs; UK Manufacturing & Services PMIs; UK BOE’s Haskel Speech; US Redbook Index; US Manufacturing, Services & Composite PMIs; US Richmond Fed Manufacturing Index; US 7-Year Note Auction; Euro-Zone ECB’s De Guindos Speech; US President Speech and US Weekly Crude Oil Stock.

(a) Precious Metals Market

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