Saturday , 22 February 2025
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Risk sentiment is mixed as we get the session underway

Mostly uneventful price action as markets trade cautiously and muted ahead of tomorrow’s US CPI data:

  • Equities:
    Mostly flat for US equity futures, with just a tad more pressure seen in EMEA
    equity futures. Asia-Pac is mixed with the Nikkei and Hang Seng higher while
    the Kospi and A50 is lower.
  • Commodities:
    Mostly higher across the board, oil is close to flat, marginal upside for gold
    and silver, with mixed flows in base metals with copper lower while iron ore is
    up.
  • Bonds:
    Mostly mixed as well with marginal moves across 2’s, 5’s and 10’s and thus very
    limited flows in yields so far.
  • FX: You guessed it, also mixed. The CHF is
    leading the majors on the upside in what looks like a bit of a pullback after
    recent weakness. While the JPY and EUR are the weakest.

This article was written by Arno V Venter at www.forexlive.com.

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