Futures Trading Education
U.S. Equity Markets were choppy on Tuesday with the Indices holding on to their recent strength with mixed performances under the surface. There were no major macro catalysts on Tuesday, with the softer Manheim used car vehicle index the data “highlight”,...
Futures Trading Education
U.S Equity Markets rallied further on Monday with continued momentum from the soft NFP data on Friday that has increased the chances of the Fed being able to cut this year. The rate-sensitive small-caps saw outperformance, indicative of the appetite for duration,...
Futures Trading Education
Overall, a dovish reaction to the FOMC and Press Conference which saw the Fed leave rates on hold as expected but it also announced it is to taper its QT run-off to just USD 25 billion a month from USD 60 billion, slightly more dovish than the expected USD 30 billion....
Futures Trading Education
U.S. Equity Markets closed lower on Tuesday with the surprise rise in the Q1 Employment Cost Index ramping the hawkish pressure on the Fed ahead of this evening’s Fed Meeting Statement and Fed Chair Powell’s press conference at 7.30 pm. There were kneejerk losses to...
Futures Trading Education
U.S Equity Markets ended flat in choppy trade on Monday as Indices took pause from their recovery with a lack of major macro catalysts except for the Japanese Yen intervention. While there was no tier 1 data, we did get the US quarterly financing estimates ahead of...
Futures Trading Education
U.S. Equity Markets saw strong gains on Friday (SPX +1%, NDX +1.7%) although that appeared mostly a big tech earnings story (GOOGL +10%, MSFT +2%) with the equal-weight S&P flat. The macro highlight was the March Core PCE, +0.32% M/M versus 0.3% expected, which...
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