S&P 500 Futures pare recent losses as yield retreat, Ukraine hints at peace By anilpanchal7 SP500 Futures YieldCurve Ukraine Coronavirus
While portraying the mood, S&P 500 Futures rise 0.22% to snap a three-day downtrend while the US 10-year Treasury yields step back from the highest levels since July 2019, down 1.1 basis points to 2.129% by the press time.
Helping the market sentiment are the latest headlines from Ukraine as Sputnik quotes an Adviser to Ukraine President Volodymyr Zelenskyy’s office, Oleksiy Arestovych, to raise expectations of a Moscow-Kyiv peace in as early as two weeks or before late May. On the same line were the latest comments from Ukraine President Zelenskyy who said that the peace talks with Russia will continue on Tuesday, following an abrupt pause on Monday.
On Monday, market sentiment soured after an initially positive mood as optimism surrounding the Ukraine-Russia peace ebbed, also joined by the news of coronavirus resurgence in China. and Industrial Production for February, expected 3.0% and 3.9% YoY versus 1.7% and 4.3% respectively, will decorate the calendar in Asia.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. You should do your own thorough research before making any investment decisions.
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