🚀 U.S. Markets to Close for Martin Luther King Jr. Day
#USMarkets #MartinLutherKingJrDay #CME #PreciousMetals #USCrudeOil #FuturesContracts #TradingSchedule #Investors #USATreasury #StockIndexFutures #AgriculturalProducts #ICE #CBOT #HolidayClosure
According to PANews, U.S. markets will be closed on January 19 due to the Martin Luther King Jr. Day holiday. Trading for precious metals and U.S. crude oil futures contracts on the CME will conclude early at 03:30 UTC+8 on January 20. Additionally, trading for U.S. Treasury and stock index futures contracts will end at 02:00 UTC+8 on the same day. Agricultural product trading on ICE and CBOT will also be suspended for the day. Investors are advised to take note of these schedule changes.#USMarkets #MartinLutherKingJrDay #CME #PreciousMetals #USCrudeOil #FuturesContracts #TradingSchedule #Investors #USATreasury #StockIndexFutures #AgriculturalProducts #ICE #CBOT #HolidayClosure
🚀 STOCKS | U.S. Bond Market Reacts to Labor Market Data Amid Holiday Closure
#STOCKS #USBondMarket #LaborMarketData #HolidayClosure #NewYorkTimes #FederalReserve #Inflation #InterestRates #USTreasuryNote #Jin10 #BondMarket
The New York Times financial market correspondent reports that while the stock market is closed for the Easter holiday, the bond market remains active, with trading continuing until noon local time. According to Jin10, investors initially interpreted the new data as an indication that the Federal Reserve can focus on reducing inflation, given the stable labor market. This likely suggests higher interest rates in the future. Following the data release, the yield on the two-year U.S. Treasury note, which is sensitive to changes in interest rate expectations, surged significantly to 3.85%.#STOCKS #USBondMarket #LaborMarketData #HolidayClosure #NewYorkTimes #FederalReserve #Inflation #InterestRates #USTreasuryNote #Jin10 #BondMarket