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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

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September 21 19:00 UTC Released

USCattle Marketed

Actual

100 %

Forecast

100.4 %

Previous

105 %

September 21 19:00 UTC Released

USCattle Placed On Fd

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107 %

Forecast

104.4 %

Previous

108 %

January 31 00:00 UTC 339257339257m

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January 31 00:00 UTC 339257339257m

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January 22 19:00 UTC 351077351077m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 339257339257m

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2016 bln ARS

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January 22 19:00 UTC 351077351077m

ARTrade Balance

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Previous

-1541 %

January 31 00:00 UTC 339257339257m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 339257339257m

ARAnnual Primary Balance*

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2016 bln ARS

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Bln AR bln ARS

January 31 00:00 UTC 339257339257m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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