EQUITIES: Fresh Session Highs For E-minis On Tsy Bid & Canada Tariff News
Apr-15 14:18
E-minis trade to fresh session highs but remain within the ranges observed in recent sessions.
The Tsy rally, driven by the previously covered comments surrounding SLR reform, will have factored into the move in stocks, given recent U.S. asset correlations.
Elsewhere, news of Canadian tariff exemptions for some U.S. goods will also have provided further support.
Financials perform well in the wake of today’s big bank earnings.
First resistance of note in S&P 500 e-minis comes in at the 20-day EMA (5,505.38)