- Real Estate Select Sector SPDR Fund suffered relatively more than others yesterday after 2.81% dip As things stand, Vanguard Intermediate-Term Corporate Bond ETF (down 0.676%) and iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are underperforming today
- Asia-Pacific markets are currently mixed so far this session.
Before today's session: leading equity indices in the US declined as Dow Jones closed at 33,849, a 1.45% change. S&P 500 was down 1.54% before closing the session at 3,964.
US markets are now currently closed and set to reopen today; meanwhile, Asia-Pacific markets are in session with varied performances. European markets were down yesterday as DAX is currently down 1.09% and trading around 14,383.
While price action maintains a negative bias, United States CFTC Crude Oil speculative net positions released yesterday at 19:30 UTC with a figure of 252,500, while the previous figure was 278,300. Fresh CFTC Gold speculative net positions data from United States came out at 116,100. United States CFTC Nasdaq 100 speculative net positions released yesterday at 19:30 UTC with a figure of 3,000, while the previous figure was -5,300.
Some optimism can drawn from the fact that United States Pending Home Sales is projected to outperform its last figure with -5%, having previously been at -10.2%. The figure will be published tomorrow at 15:00 UTC. United States Crude Oil Inventories is projected to outperform its last figure with -2.49 million. It previously stood at -3.69 million; data will be released tomorrow at 15:30 UTC.
Furthermore, United States Core PCE Price Index (MoM) (Oct) will be released Thursday.
Yesterday's bearishness meant that Real Estate Select Sector SPDR Fund lost 2.81% yesterday before closing at $37.71. As things stand, Vanguard Intermediate-Term Corporate Bond ETF (down 0.676%), iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF (down 0.039%) are also underperforming today.
IShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed at $25.35 after a flat day yesterday, continuing its recent sideways trend
Pointing in a similar direction, yesterday's session was more of the same — iShares Trust – iShares iBonds Dec 2021 Term Treasury ETF closed a flat day of trading at $25.35 yesterday after ending Friday at $25.36.
XLRE falls back to $37.71 after shedding 2.81% yesterday
A tough session dominated by bearish sentiment left XLRE $1.09 lower, while setting a $37.62 to $38.74 session range.