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GBPUSD TECHS

Key Support Still Exposed

EURUSD TECHS

Topping 50-day EMA

EQUITIES

J&J Drags on Dow, DJIA Underperforms

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  • Powell: Won't want to comment on any individual bond market rate. Re bond market, would be concerned by disorderly market conditions persistent tightening of financial conditions that threatens our goals.
  • Re last week's rise in rates: "notable, caught my attention". Not appropriate to isolate one particular interest rate.
  • Pretty much exactly what Brainard said previously