Tepid Waters, Earnings Inbound.
Ridhwan Rosli
Business Development Manager - APAC Region @ Weltrade Ltd. Global Strategic Partnerships | Global Macro Sense
Good morning, all. Pretty quiet trade overnight with a few potential assets of interest so let's get to it.
As Iran talks are set to resume today, WTI crude consolidates around the $91 mark. The S&P holding above Friday’s low print, gold pulls back during APAC trade after pushing to 1824s during Wall Street trad and the Japanese Yen is currently trading below 2021 low. ?
Pretty quiet today on the data slate. Highlights include December Trade Data out of the US & Canada at 1330GMT. For bond traders, at 1800GMT we have a USD 50bln 3yr Note Auction.
Earnings highlights due today include Pfizer, Warner Music & SYSCO (US). BNP Paribas, Evolution Gaming (EU). BP, Ocado and SSE (UK).
Have a great session ahead and see you all in the Duggan Capital Discord room for more LIVE discussions and trade reviews. To subscribe just click the purple button below. This was – Your Morning Reed.?
Sources: Newsquawk, Bloomberg, Trading Economics.
Disclaimer: This piece is for information purposes ONLY & not meant as trading/investment advice. Reader discretion is advised. ?