Crude Oil (CL) Futures Surges After the EU’s Embargo on 90% of Russian Oil Imports.

The ban on Russian oil imports adds to supply pressures amid high demand for fuel in Europe and the US. The economic risk to European countries grows with Russian oil sanctions. Oil is heading back to 120.00 in the charts as the bulls charge ahead. Tuesday morning saw crude oil (CL) futures prices rise after Read More…

Japanese Yen

Japanese Yen (6J) Futures: Consolidating as BoJ Remains Dovish

Risk sentiment is returning to the markets as fears of a recession in the US ease. The Bank of Japan Governor says inflation is short-lived and that the bank will keep easing monetary policy to support the economy. Bears are showing weakness in the charts. The Japanese Yen (6J) futures remain neutral as the pair Read More…

E-mini S&P 500

E-mini S&P 500 (ES) Futures – Bulls Return to the Market as Fed Lowers Aggression

The Federal Reserve says it will remain flexible on rate hikes. New unemployment benefit claims fell more than investors expected on Thursday, contributing to the move in the index. Bulls are pushing the index back above 4000 on the charts. The E-mini S&P 500 (ES) futures price closed Thursday’s trading session higher on a bullish Read More…

Nasdaq 100 futures (NQ)

Nasdaq 100 Index Futures (NQ) Facing Resistance at 12000.00

Dramatic pullbacks in stocks show investors maintaining bearish sentiments. Poor performance in tech stocks is keeping the index primarily flat. Investors are waiting to see US GDP data for Q1 amid rising inflation. The Nasdaq 100 index futures (NQ) had a quiet session yesterday and closed higher, gaining 1.5%. Thursday morning saw stock futures primarily Read More…

Covid 19 on crude oil

Crude Oil Futures (CL) Consolidates Before US Inventories Data

The US is expected to use export restrictions to ease domestic fuel prices. Last week’s crude oil inventories are expected to drop. India’s oil minister says $110 a barrel is unsustainable. There have been minimal movement for crude oil futures (CL) prices in the past two days as investors are waiting for crude oil inventory Read More…

E-mini S&P 500 (ES) futures

E-mini S&P 500 (ES) Futures Expecting Bearish Continuation

The S&P 500 is expected to lose more ground. The Fed’s aggressive approach is pushing the index lower. To keep inflation under control, Biden intends to eliminate Trump’s tariffs. The E-mini S&P 500 (ES) futures price has been moving lower for the past seven weeks. Such a move was last seen in 2001 during the Read More…

Euro futures (6E)

Euro Futures (6E) prices Rise on Better than Expected German Ifo Data

A pleasant surprise for bulls, as German data beats expectations. Dollar weakness is expected to make Euro futures more expensive. A weaker Euro is a concern for the ECB. Euro futures (6E) price was up Monday morning after the German Ifo Business Climate Index was released. Investors had expected the value to be lower than Read More…

Crude oil and futures trading

Crude Oil Futures (CL) Demand May Improve as China Softens Restrictions

The Fed’s rising interest rates weigh on crude oil futures. Reduced global growth results in low demand for crude oil. China’s loose restrictions on Covid may boost the prices of oil. Crude oil futures (CL) price continues to maintain an uptrend; however, we’ve seen some downside retracement in the past few days as a firm Read More…

Nasdaq 100 index futures (NQ)

Nasdaq 100 Index (NQ) Futures in the Depths of Panic

Nasdaq responds to fears of a recession. ECB minutes helped the index to gain slightly. Federal Reserve remains on track to hike rates aggressively. The fall of Nasdaq 100 index futures (NQ) continues amidst fears of a recession, bringing down US indices in Asian and European markets. At the time of writing, the index had Read More…

S&P 500

E-min S&P 500 futures (ES) Soar as Apple and Microsoft share prices rise

E-mini S&P 500 futures saw a 2% gain on Wednesday. The gain is attributed to the rise in share prices of tech giants like Apple and Microsoft. Retail companies continue to struggle amid inflation concerns. There is a 2% rise in the E-min S&P 500 futures (ES), and over 90% of the companies in the Read More…