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Sentiment is combined throughout main asset courses firstly of the session

Sentiment is combined throughout main asset courses firstly of the session:

US
fairness futures noticed a pop increased yesterday with the transfer decrease in yields and are
nonetheless buying and selling optimistic however very marginal flows to this point. EMEA futures are buying and selling
decrease.

After
yesterday’s sturdy extension in commodities, it in all probability should not be an excessive amount of
of a shock to see a number of the strikes pullback a little bit, with gold and silver
decrease on the session, with oil costs near flat and copper nonetheless holding on
to yesterday’s highs.

Largely
decrease throughout the board with 2’s, 5’s and 10’s seeing pink (pushing yields
increased), however the strikes have been fairly marginal for now.

The
AUD and NZD is taking full benefit of the upside in commodities with sturdy
outperformance, whereas the three protected havens are main the majors to the
draw back. The CHF the weakest after the miss in Swiss CPI data.

Cross Asset Grid (4 April 2024)

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