Canadian Blue-chip Industrial Forum - Canaccord Genuiity Daily Rate Sheet - Canadian Blue-chip Industrial Forum - InvestorVillage
Canadian Blue-chip Industrial Forum
This is a semi-private group. You are free to browse messages, but you must be a member of this group to post messages. Join This Group

Group: Canadian Blue-chip Industrial Forum   /  Message Board  /  Read Message

 
 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board
Msg  65364 of 65401  at  7/12/2019 12:26:48 PM  by

carswell


Canaccord Genuiity Daily Rate Sheet

While stocks took another run at 3000 on the S&P500 yesterday (2999.91 / +0.23%) and the DOW was marking another new record of its own closing north of 27000 for the first time ever, bond markets were getting knocked around pretty badly after US core CPI came in higher than expected (MoM survey +0.2% / actual +0.3% / prior +0.1%). Add to that a sloppy long bond auction that tailed by over two and half bps (16B 30-year reopening) and we were left with 30-year yields south of the border around 8.5 bps higher and 30s/2s another 5-bps steeper (US2s +3.6 bps / US5s +6.6 bps / US10s +7.7 bps / GOC2s +2 bps / GOC5s +3 bps / GOC10s +3.4 bps / GOC30s +4.3 bps). After a mixed session overnight in the Asia-Pac region, Europe is staying pretty close to home heading into the weekend (DAX -0.04% / EUROSTOXX +0.07% / GER10s +2.3 bps), and it looks like we’re setting up that way here as well. Data-wise, there’s nothing in Canada today and there won’t really be until we get our own CPI numbers next Wednesday, but there is wholesale PPI inflation on the docket south of the border (core MoM survey +0.2% / prior +0.2%), which may get a sterner look after the unexpected pop in core CPI yesterday.







     e-mail to a friend      printer-friendly     add to library      
| More
Recs: 1     Views: 63
Previous Message  Next Message   Post Message   Post a Reply return to message boardtop of board


About Us    Contact Us    Follow Us on Twitter    Members Directory    Help Center    Advertise
Not a member yet? What are you waiting for? Create Account
Want to contribute? Support InvestorVillage by donating
2003-2018 Investorvillage.com. All rights reserved. User Agreement
   
Financial Market Data provided by
.


Loading...