Futures Trading Education
Yesterday’s official confirmation that President Trump had instructed the USTR to consider a higher 25% tariff (from 10%) on the proposed $200bn of Chinese goods triggered an angry response from China, a sell-off in Asian equities and a weaker CNY. European equities...
Futures Trading Education
As I go to press I am still waiting for President Trump to announce at a press conference details on the further $16bn of tariffs and more importantly increase the threatened tariff from 10% to 25% on the additional $200bn in tariffs promised on retaliation. Chinese...
Futures Trading Education
There has been quite a lot of event and data risk over the past 24 hours both in the Asian session and throughout yesterday. When all is said and done, the AUD/USD sits higher on net this morning, likely aided as much as anything by some press reporting that US-China...
Futures Trading Education
The Interest Rate markets have come under pressure over the past 24 hours with speculation over the Bank of Japan policy decision today pushing core global yields higher. The US Dollar is weaker across the board, the AUD has been a bystander and SEK the outperformer....
Futures Trading Education
US Q2 GDP print was the big data event on Friday and the numbers came in just below expectations at 4.1% (4.2% exp.) with Q1 figures revised upwards. Consumers and exports led the gains during the Quarter, but with soybeans leading the rise in exports (+9.3%) and tax...
Futures Trading Education
It has been an eventful past 24 hours with a few macro themes at play. The USD is stronger across the board largely aided by a softer Euro courtesy of a dovish ECB and softer CNH amid heightened US-China trade tensions. European equities had a good day following the...
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