MB Commodity Corner

MBCC TH 30th Apr'24 - "How was the QRA Treasury announcement, all eyes on Fed FOMC tomorrow, what are Bonds telling us and why is Gold/Silver falling?"

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Maleeha Bengali
Apr 30, 2024
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This week is crucial for macro and micro. Alot of earnings from Amazon then Apple. Then we have Fed powell FOMC, where we expect no rate change, but given the state of the ecinmic data over the last few weeks, commentary will be super important. We break down what we expect and how asset prices stand today.

Then…the most important. Yellen’s QRA treasury funding needs..as that determines all prices!

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