28 February 2024 – 09:17 Central Euro Time

Red is the watchword for the BEGOS Markets, all the components to the South, save for the Bond, the cac volume for which is rolling from March into that for June; session volatility is again light. The markets have taken on a “wait and hold” approach ahead of tomorrow’s release of January’s Fed-favoured PCE data. At Market Trends, the Swiss Franc’s “Baby Blues” of trend consistency yesterday confirmed crossing above their key -80% axis, indicative of high price levels near-term. And today for the Econ Baro we’ve the first revision to Q4 GDP.