Market Sentiment Remains Cautious Following Yesterday's Price Action
Wednesday, 3 April 2024, 06:42
Market Sentiment Overview:
Market sentiment remains cautious following yesterday's price action. Equities show marginal downside, with major benchmarks trading close to their lows from yesterday. The breakout of 4.36% on US 10-year yields influenced the move lower in equities.
Equities:
- Major benchmarks still near yesterday's lows
- Yields under scrutiny
Bonds:
- Mixed performance today
- Key benchmark yields near highs from yesterday
Commodities:
- Precious metals up
- Oil trading higher
- Copper up but downside for Iron Ore
FX:
- CHF leading downwards
- USD top performer
- Tight ranges across major pairs
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.