- An initial push lower for Treasuries, Eurodollar and Equities, and the USD initially spiked, on GDP beat.
- But Core PCE was inline, and Wholesales inventories and consumption missed expectations.
- Equities are trading back and above pre US data, and similar small reversals in Govies and USD.
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CROSS ASSET: Cross assets reverse the initial US data price action
Last updated at:Jan-26 13:41By: Fabrice Ben Hassine
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- An initial push lower for Treasuries, Eurodollar and Equities, and the USD initially spiked, on GDP beat.
- But Core PCE was inline, and Wholesales inventories and consumption missed expectations.
- Equities are trading back and above pre US data, and similar small reversals in Govies and USD.
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