Interest futures steadied on Friday after dropping most of the week due to a drop in overseas demand. The passing of Trump’s tax bill hurt demand for US Treasuries. At the same time, concerns about higher inflation due to tariffs boosted Treasury yields, weighing on interest futures. Since Tuesday, interest futures have trended lower. The Read More…
Oil held steady on Thursday after an upbeat US monthly jobs report. Meanwhile, prices jumped on Wednesday after Iran suspended working with the UN nuclear watchdog. At the same time, demand increased after the US signed a trade deal with Vietnam. However, downbeat US employment data and a surge in crude inventories kept a lid Read More…
Gold prices rose on Wednesday after US data revealed weaker-than-expected private employment numbers. Meanwhile, prices rallied in the previous session due to increased demand for safe havens. US fiscal worries intensified after the Senate narrowly passed Trump’s huge tax cuts and spending bill. At the same time, investors were concerned about the impending deadline for Read More…
Equities ended at record highs on Monday, driven by optimism over trade deals and a surge in expectations for Fed rate cuts. At the same time, it was the close of the best quarter in almost a year. Market participants are now gearing up for the US monthly employment report. S&P 500 performance (Source: Bloomberg) Read More…
Currency futures gained on Monday as the dollar extended its slide from last week due to an increase in Fed rate cut expectations. Market participants are more optimistic about trade deals with the US that might allow the Fed to consider earlier rate cuts. The dollar ended down last week amid several factors, including optimism Read More…
US interest futures remained volatile this week, reflecting a divergence between long-term and short-term expectations for Fed policy. The 2-year and 10-year Treasury notes have shown a clear divergence, highlighting the scale and timing of rate cuts expected in the second half of 2025. The 2-year Treasury note, which closely tracks Fed policy expectations, saw Read More…
Crude oil recovered on Thursday, driven by a sharper decline in the US crude oil inventories and cautiously optimistic sentiment around the Middle East ceasefire. Brent crude futures ticked up to $67 while WTI futures settled around $65. The upside came after the US EIA reported a 5.8 million barrels drawdown in commercial crude oil Read More…
Gold futures remain steady on Wednesday above the key level of $3,310. The precious metal declined on Tuesday to a fresh 2-week low as the risk sentiment improved after the geopolitical tensions eased. However, the markets remain cautious as uncertainty from the US Federal Reserve lingers. The market opened on Monday with a softer tone Read More…
US equities started the week with a cautious tone as major indices showed mixed performance. The investors weighed the implications of a ceasefire between Iran and Israel along with expectations of Fed’s future rate policy. Although the Middle East de-escalation briefly boosted risk sentiment, underlying factors like inflation, interest rates, and earnings growth kept the Read More…
Currency futures experienced a surge in volatility as the week started. The escalating geopolitical tensions and evolving monetary policy expectations keep the traders on edge. The US dollar continued to benefit from the safe-haven flows while the commodity currencies and risk-sensitive assets retreated in response to Middle East turmoil and mixed macroeconomic data. The Dollar Read More…
