The Day Ahead: PM Edition 2021-08-05
Now we see if the NFP number propels the S&P 500 to a new high or kicks off a correction
Bonds
Not looking good for higher in ZB as it is starting to drop through support at 165^17. This invites a push for at least 164^13 and if the NFP data tomorrow morning is strong, perhaps even 163^03 on fears that the FOMC will tighten earlier than expected.
Crude Oil
Crude bounced from just above support at 67.45 today. Pro…
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