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US markets remain under pressure after reports by Home Depot and Kohl's

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US indices are moving away from their recent highs after disappointing data on retail chains. Weak prospects cast a shadow on the sustainability of strong consumption, which has so far propelled the US economy forward. 10-year bonds hold around 1.8% yields and oil remains under pressure.

Home Depot and Kohl's are the leading losers in the S & P500 today. The US dollar remains clear on the day after Trump said he was against high interest rates at his meeting with J. Powell at the White House.

Investors remain sensitive to trade negotiations as well as more clarity about the economic prospects of the economy.

The British pound remains under pressure with a fall of about 0.2% and the euro retains positions of around 0.1%. Japan also advanced by 0.1 - 0.2% against the dollar.

10-year US bonds hold at a yield of 1.8%, German bonds at -0.34%.

Crude WTI is down 1.9% and gold is down 0.1%.

Source: Bloomberg Finance L.P.

Graphs: Used with permission of Bloomberg Finance L.P.


 Trader Martin Nikolov

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