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Opening calls

EQUITIES
  • USD Cash Equities will be set to open closer to flat after futures gave all their gains back, following the big US data beat, for Govies this was the largest single move for US 10yr (TYH4) since the Dovish FOMC on the 13th December.
Some early focus will be in Tech, after Meta, Amazon, and Apple results last night.
  • Fair value opens: $SPX: 4,908.4 (+0.0%); $DJIA: 38,363 (-0.4%/-157pts); $NDX: 17,412.3 (+0.4%).

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