S&P 500 Futures drop, yields dribble as “unidentified objects”, Fed’s indecision probe optimists – by anilpanchal7 SP500 Futures RiskAppetite YieldCurve Fed
. That said, a light calendar in Asia and a cautious mood ahead of the key US Consumer Price Index for January add strength to the market’s favor for risk safety.
Although the US General turned down the market’s fears of Chinese spying on the US and the likely rush towards the safe havens, the anxiety surrounding the “unidentified objects” flying over the US and Chinese airspace propel the risk-off mood. It should be noted that the US shot down nearly four such objects while China prepares to down one in nearly a week.
Moving on, market players are likely to remain cautious and may keep favoring the safe havens, like the US Dollar, ahead of Tuesday’s US CPI. On Friday, the US Bureau of Labor Statistics announced that it revised the monthly Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.
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