Stocks Analysis by Michael Kramer covering: USD/JPY, S&P 500. Read Michael Kramer's latest article on Investing.com
Stocks finished the day higher, thanks to a buy imbalance that gave the market a lift in the final 10 minutes. Technically, not much changed yesterday, and that is because the index just churned sideways most of the day.
Some of the higher moves in the reverse repo facility could be due to the end of the month, and some of it could be because of Treasury net issuance. We won’t know until Wednesday because that is when month-end cash will exit the reverse repo facility.
Things will start getting more exciting today and continue through Friday, so there is no reason to make this longer than it needs to be.Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events.
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