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Writer's pictureStéphan

BoJ: tug of war in #USDJPY / #APPL $110bn share buy back / #AAL in demand / NFP up next


  • Big earnings out of the way, markets loved the #AAPL share buyback announcement ($110bn), overall SPX500 approaching 5100/5200 more of an area to lighten up overall, USDollar broadly softer, particularly USDJPY, as BoJ got involved again yesterday (IF they mean business they have to push it below 150JPY and hike rates or say they will..., gold miners (#GLD #SILJ etc) , #CSI China, commodity related stocks all working still. FOMC didn't bring much new, wait & see, the market was expecting a pretty hawkish one, so 'priced-in', #highfrolonger not #higherforlonger

  • #AAPL earnings ok, shares jumped as they announced $110bn sharebuyback

  • Glencore studying an approach for Anglo American, sources say

  • Maryland plans to rebuild collapsed Baltimore bridge in just over four years

  • FT-Who’ll buy all the Treasuries? You’ll buy all the Treasuries

 

2024_04_29_Commodities_Zurich.pdf Saxo commodity outlook

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Very good article




USDCHF - slightly higher Swiss inflation this week took momentum away ahead of big medium-term levels around 0.9250 area


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