Futures Trading Education
Risk sentiment was given a further leg up yesterday with the news that the US and Mexico had agreed on a trade deal to replace NAFTA. Sticking points over the automotive sector have been resolved while duty free access for the agriculture sector. The President sealed...
Futures Trading Education
Two things moved the dials on global markets after I posted last Friday morning: Fed chair Jay Powell’s Jackson Hole speech, and a couple of hours before that, confirmation from the PBoC that it would resume using the ‘’counter-cyclical’’ factor when calculating the...
Futures Trading Education
Looking across markets, not much to say about international equities or bonds over the past 24 hours with the S&P closing lower by 0.2. Treasury yields are little changed, albeit the US Treasury curve is another 2bps or so flatter led by a pick-up in yields at...
Futures Trading Education
Despite the US news wire coverage over the past 24 hours of the former Trump campaign manager Manafort’s conviction on eight counts of tax and bank fraud charges and former Trump Lawyer Cohen pleading guilty to illegal campaign finance charges and implicating Trump,...
Futures Trading Education
After Monday’s Bloomberg headlines of Trump complaining that Fed Chairman Powell has not been ‘’cheap money Fed chair’’, late in the NY session Reuters published an interview with Trump which served to maintain negative US Dollar momentum. The acceleration in the USD...
Futures Trading Education
DXY, the US Dollar Index, recorded its fourth consecutive daily decline against a backdrop of improved risk appetite, lower UST yields and news that President Trump had expressed disappointment with recent Fed hikes. According to a Bloomberg story, speaking at a...
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