Sevens Reports - Stock Exchange

Three Important Events for Yields & Markets (This Week)

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What’s in Today’s Report:

  • Three Important Events for Yields & Markets (This Week)
  • Weekly Market Preview: Can Yields Decline (and Ease Pressure on Stocks)
  • Weekly Economic Cheat Sheet: Focus on the Fed (via Core PCE and Warsh’s speech)

Futures are slightly lower as investors digest rising trade tensions and await details of economic sanctions against Iran.

The U.S. applied a 50% tariff to Canadian imports and while exemptions will keep the actual impact small, this is negative for investor/market sentiment.

Details of new economic sanctions against Iran will be revealed this afternoon but unless they boost the chances of a ceasefire, they won’t impact markets.

Today there are no notable economic reports so focus will remain on geopolitics and the 2:00 p.m. ET reveal of the new economic sanctions against Iran.  However, unless the moves are viewed as realistically increasing the chances of a ceasefire, they shouldn’t move markets (and oil remains the key indicator to watch).

 

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