Menu

Search

  |   Commentary

Menu

  |   Commentary

Search

U.S. Treasuries remain flat ahead of Trump, Dudley’s speeches

The U.S. Treasuries trade flat in quiet trading session Monday as investors await to read the lines from President Donald Trump’s scheduled speech later in the day. Also, the Federal Open Market Committee (FOMC) member

The yield on the benchmark 10-year Treasury hovered around 2.51 percent, the super-long 30-year bond yield traded up 1-1/2 basis points at 3.12 percent and the yield on short-term 2-year note remained flat at 1.32 percent by 11:50GMT.

The USD remained under pressure against its major currency peer while US Treasuries’ positive reaction to the less hawkish than expected FOMC monetary policy statement was short-lived.

The labor market report, released last week said initial jobless claims edged down to 241,000, a decrease of 2,000 from the previous week's unrevised level of 243,000. Economists had expected jobless claims to dip to 240,000. Further, the report showed that the four-week moving average inched up to 237,250, an increase of 750 from the previous week's unrevised average of 236,500.

Meanwhile, the S&P 500 Futures remained fell 0.12 percent to 2,372.50 by 11:50GMT, while at 11:00GMT, the FxWirePro's Hourly Dollar Strength Index remained highly bearish at -141.24 (a reading above +75 indicates a bullish trend, while that below -75 a bearish trend). For more details, visit http://www.fxwirepro.com/currencyindex

  • ET PRO
  • Market Data

Market-moving news and views, 24 hours a day >

July 21 14:30 UTC Released

USECRI Weekly Annualized*

Actual

144.8 %

Forecast

Previous

2.4 %

July 21 14:30 UTC Released

USECRI Weekly Index*

Actual

2.6 %

Forecast

Previous

143.9 %

July 24 00:30 UTC 828828m

JPForeign Direct Investm't*

Actual

Forecast

Previous

52.4 bln $

July 24 07:00 UTC 12181218m

FRMarkit Serv Flash PMI

Actual

Forecast

56.7 %

Previous

56.9 %

July 24 07:00 UTC 12181218m

FRMarkit Mfg Flash PMI

Actual

Forecast

54.6 %

Previous

54.8 %

July 24 07:00 UTC 12181218m

FRMarkit Comp Flash PMI

Actual

Forecast

56.4 %

Previous

56.6 %

July 24 07:30 UTC 12481248m

DEMarkit Service Flash PMI

Actual

Forecast

54.3

Previous

54.0

July 24 07:30 UTC 12481248m

DEMarkit Mfg Flash PMI

Actual

Forecast

59.2

Previous

59.6

July 24 07:30 UTC 12481248m

DEMarkit Comp Flash PMI

Actual

Forecast

56.3

Previous

56.4

July 24 08:00 UTC 12781278m

RUMarkit Mfg Flash PMI

Actual

Forecast

57.2 %

Previous

57.4 %

Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.