US equity futures and Treasuries decline as Wall Street return from a long weekend to a week packed with jobs data. President Trump said India has offered to cut its tariff rates on US goods following his imposition of 50% levies as punishment for India’s purchases of Russian oil. Valantin Marinov of Credit Agricole says the US economy is likely to be more resilient than consensus, which would disappoint the Fed. Amy Wu Silverman of RBC Capital Markets believes some investors have been taken aback by the stock rally, and have had to roll back the timeframe of when the “reckoning” in the market will come.
Chapters:
00:00:00 – Intro
00:02:06 – First Look Movers
00:03:29 – Valentin Marinov, Credit Agricole Head of G10 FX Research & Strategy
00:10:25 – Trending on the Terminal
00:20:16 – Front Page News
00:22:58 – First Look Movers
00:24:06 – Amy Wu Silverman, RBC Capital Head of Derivatives Strategy
00:30:56 – Trending on the Terminal
00:42:00 – What to Watch
——–
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