Ed Moya - Senior Market Analyst at OANDA – Tue 28 Jan, 2020

A bounce back in markets today but the treasury market could force the Fed’s hand very soon

Ed Moya kicks off today with a quick comment on the US equity markets and some other factors to watch throughout this week. The Coronoavirus is still causing a lot of volatility but with the Fed statement tomorrow we could have something a bit more long term to consider. Also we discuss the moves in treasuries after the 10 year dipped below 1.6%, but has recovered above that level today.

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Comments:
  1. On January 28, 2020 at 9:54 am,
    cfs says:

    The upward movement today appeared to me to be money moving in from Europe, as much as anything else.
    With an up to 14 day incubation period, it is STUPID to assign any daily variation to the nCoV.

  2. On January 28, 2020 at 9:58 am,
    cfs says:
  3. On January 28, 2020 at 10:02 am,
    cfs says:
  4. On January 28, 2020 at 10:41 am,
    cfs says:

    The manufacturing and shipping indices were also up 5-6%.