Daily Morning Call

From the Floor: S&P 500 dips below 2,700, risk-off in effect — #SaxoStrats

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February 22, 2018 commodities, equities, from the floor, home.saxo, morning call, saxotrader, saxotradergo, tradingfloor.com
US equities plunged lower in response to a slightly hawkish FOMC release, with the S&P 500 now threatening to resume its bearish trend.

   • Equities turn lower, risk sentiment switches to negative
   • Slightly hawkish FOMC sees upward revisions to growth, inflation
   • Oil prices weaker again ahead of EIA report at 1600 GMT
   • G10 surprise index falling on weak macro prints
   • $29 billion in seven-year Treasuries on the auction block today