- US equity markets closed in the red as tensions in Ukraine and Iraq were reignited, with Ukrainian President Poroshenko saying he could end the ceasefire after pro-Russian separatists shot down a helicopter. Momentum names also suffered as some analysts pointed potentially overbought territory and the VIX rallied over 10%. Finally, the DJIA finished down 0.7% at 16818.13, the S&P 500 finished down 0.64% at 1949.98 and the NASDAQ-100 finished down 0.15% at 3799.53.
- Treasuries closed higher yesterday with the curve notably flattening, as the short-end underperformed following strong US data and relatively lacklustre 2y note auction. At the pit close, T-notes finished up 9+ ticks at 124.18.
- ASIAN DAILY ECONOMIC RELEASES gives you a summary of how the US equity and fixed income markets closed and an economic calendar for the Asia-Pacific session to keep you abreast of up coming events. If would like to upgrade your account to receive access to this report please contact us at firstname.lastname@example.org.
Print 21:01, 24 Jun 2014 - Asian News - Source: RANsquawk
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