Futures Trading Education
President Trump turned the heat on again on Friday, threatening to increase trade protectionist measures against China, calling out currency manipulators and also had another go at the Fed for raising rates while others continue to ease. Kudlow, Trump’s economic...
Futures Trading Education
US President Trump’s interview with CNBC, which aired early afternoon New York time enlivened markets in which he opined to not being happy about recent Fed rate rises, has brought the US dollar to heal after having just posted a new one year high above 95.50 in DXY...
Futures Trading Education
Equities ex tech shares and commodities have had a decent past 24 hours with Morgan Stanley leading the gains in financials. Soft US Housing data and a less hawkish Fed Chair Powell combined to drive a small steepening of the UST curve. The USD struggled to retain...
Futures Trading Education
At his semi-annual testimony before the Senate, Fed Chair Powell reiterated the Fed’s upbeat assessment of the US economy, noting risks to the outlook remain roughly balanced and that for now the best way forward is to keep lifting rates gradually. On trade, a...
Futures Trading Education
US stocks markets have closed with small losses, at least for the S&P500 (-0.1%) and NASDAQ (-0.3%), though the Dow is up 0.2%. Sector wise, a surge in financials (1.8%) led what gains there have been in the Indices, led by a 4.3% gain for BAML after its EPS of...
Futures Trading Education
In FX, when I posted on Friday the US dollar was making gains against all currencies, the Euro and Sterling in particular were leaking lower and the offshore Chinese Yuan (CNH) had just risen above 6.72, the latter taking AUD down with it. This moves came just after...
Recent Comments