Free Trial

BMO's Ian Lyngen said that...........>

US TSYS/STOCKS
US TSYS/STOCKS: BMO's Ian Lyngen said that overnight saw a "sharp reversal in
Japanese equities that saw the Nikkei experiencing its own version of a flash
crash, as a 2% daily gain turned into a 1.7% loss before bouncing back to down
just 0.2% at the close."
- He added that "we're watching stretched momentum indicators and key technicals
for any signs of a bearish turn for USTs. We're likely to be most focused on CPI
next week to either reinforce or challenge our notions of the sustainability of
even the meager inflation strength we've witnessed so far, and especially on the
ex-shelter details, to see whether inflation is more broadly visible, or if it
is mostly contained to the shelter costs that have held up CPI for some time."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
}); window.REBELMOUSE_ACTIVE_TASKS_QUEUE.push(function(){ window.dataLayer.push({ 'event' : 'logedout', 'loggedOut' : 'loggedOut' }); });