Daily Flows & Insights – Markets Reverse Course

Daily Flows

  • With a slow close to last year, we saw a slow start to the year with ADI’s sitting flush with funding.
  • A number of ADI’s are still showing last year’s pricing, so investors have been able to take advantage of higher rates from ADI’s such as ING and Judo Bank.
  • As more investors start to make their way back from holidays, we will see a steady pick-up in activity this week.

Markets Reverse Course to Start the Year

  • After two months of largely one-way traffic across a number of markets heading into the end of 2023, the start of 2024 saw somewhat of a trend reversal.
  • While it could just be repositioning after such a large move it is still worth noting in what could have broader implications.
  • We saw bond yields jump, while equities fell and even the USD found some strength.
  • With holidays for many still in full swing, we are likely to see choppy price action until investors and traders get back to their desks.
Share this entry
Curve Team
David Flanagan