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US OPENING: Geopolitics and financial results dictate market pace
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US OPENING: Geopolitics and financial results dictate market pace
The American session opening on Monday is taking place in the context of an escalation (largely assumed at this point) in the Strait of Hormuz. Futures contracts on U.S. indices are reacting with moderate declines, limiting their losses to a maximum of 0.5%. More significant fluctuations are being observed in bond and oil markets. Bond yields are increasing by over 1% in the medium-term segment (1 to 5 years), oil is (temporarily) up by 3%, and …
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