Futures Trading Education
Despite the strong economic data a risk-off tone has developed in the US economy over the past two couple of trading sessions. That risk-off tone continued yesterday with falls in global equity markets and declines in Global Bond Yields. US Treasury Yields fell 5.7...
Futures Trading Education
U.S. equities fell on the last day of a solid quarter, comments from Fed Dudley drag 10y UST below 2.40% and the US Dollar had a mixed trading session, softer against GBP and JPY, but stronger against most other G10 currencies. US data releases were also mixed and...
Futures Trading Education
European and US equities have brushed aside the negative lead from Asia which saw the Shanghai composite down nearly 1% on the day and its fourth session of declines. The Euro has also come under pressure amid softer than expected German inflation with the move lower...
Futures Trading Education
The UK Brexit letter has finally been delivered, but market reaction has been fairly muted. US equity Indices have traded in and out of positive territory and main European indices closed the day up between 0.29% and 0.45%. The US Dollar is stronger against European...
Futures Trading Education
Getting toward the end of the month and the end of the Quarter, and given the torpor of risk assets markets of late, the return of some buying could easily have occurred. And that could well be part of the explanation for yesterday’s moves. Stocks were higher in...
Futures Trading Education
The German economy is continuing to out-perform. The run of better than expected data continued, this time from the German IFO Survey for March. The survey was the strongest since 2011 and also not far off the pre-GFC highs of a decade ago when the German economy was...
Futures Trading Education
The US Dollar (BBDX) was little changed on Friday while US equities and US Treasury yields ended the week a little bit lower reflecting a mild risk off tone. After all of last week’s saga, the US has no phenomenal health care plan as Republicans tell Trump that...
Futures Trading Education
It seem that every week the market is waiting for an important event to happen which will finally get prices to move in most asset classes. Yesterday the whole focus was on the Health Bill in Congress and less than an hour before US Markets closed it was announced...
Futures Trading Education
Have markets broken up with the Trump trade? Today will be a key test of this hypothesis with the US Congress voting on a key Healthcare Reform Bill which is seen as a crucial test of the relationship between the White House and Congress. If the bill does not pass,...
Futures Trading Education
The US Equity market had its worst trading day in nearly five months with both the Dow and S&P registering substantial Downside Key Day Reversals yesterday by closing down 1.14% and 1.25% respectively. Stocks closed lower and while it hasn’t been any key economy...
Futures Trading Education
Yesterday was one of the quietest trading sessions of the year to date with the market closing more or less unchanged from where it closed on Friday with the US Dollar and Treasury yields in retreat. It has been something of a variation on a theme with the US Dollar...
Futures Trading Education
R.I.P. Chuck Berry. And R.I.P. anti-protectionism, after the weekend G20 meeting Communique omitted reference to avoiding protectionism, reflecting the new reality of the USA’s position. This turns the spotlight firmly on the formulation of U.S. Trade Policy in coming...
Futures Trading Education
Three remains the number of times the Fed thinks it will most likely raise rates this year in total, and again in 2018. Together with the absence of any reference to when balance sheet shrinkage might commence (either in the FOMC statement or in Janet Yellen’s press...
Futures Trading Education
What was meant to be a quiet trading session ahead of key risk events (US FOMC and Dutch elections today) turned out to be rather more exciting. The WTI Oil price fell 1.4%, on the back of an OPEC report that stated Saudi Arabia increased oil production in February...
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