24th April 2024

  • US Senate Passes Ukraine Aid, Arms Shipments to Resume in Days

Pentagon set to speed artillery shells, air defense munitions

Israel and Taiwan aid, TikTok ban also included in measure

https://blinks.bloomberg.com/news/stories/SCFGCOT1UM0W

  • Traders Add Bets That Fed to Skip Interest-Rate Cuts This Year

Option trades target Fed on hold and higher yields further out

Meanwhile in futures, historic shift has positioning stretched

https://blinks.bloomberg.com/news/stories/SCEHNGDWX2PS

  • New US Home Sales Jump to Highest Level Since September

Purchases rose 8.8% in March, with higher sales in all regions

Most inventory since 2008 helped lower median home price

https://blinks.bloomberg.com/news/stories/SCEGZKT0AFB4

  • US Business Activity Expands at Slowest Pace in Four Months

S&P Global’s flash April gauge decreases to 50.9 from 52.1

Composite employment shrinks for first time since 2020

https://blinks.bloomberg.com/news/stories/SCEEH1T0AFB4

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