Currency futures opened the week on a steady footing but stayed cautious, with traders positioning around divergences in global monetary policy. As expectations for the Fed rate cut intensify, while other central banks vary in their pace, the shift in yields is driving volatility in FX futures. Dollar softness remains the central theme for futures Read More…
US interest futures have entered the repricing phase, driven by a reversal in expectations of Fed policy. The shift accelerated this week as the 10-year Treasury yields fell slightly below 4% for the first time in a month, signaling renewed demand for the Fed to ease sooner than expected. According to JPMorgan, the net long Read More…
Crude oil futures retreated on Thursday as markets weighed the growing probability of a ceasefire between Russia and Ukraine. This development could alter the global supply dynamics. The move reflects the market’s continued sensitivity to geopolitical shifts and more profound structural imbalances, highlighted by recent data. The recent decline was partially triggered by the larger-than-expected Read More…
Gold futures are poised to extend their upward trajectory as markets lean aggressively into expectations for a Fed rate cut in December. Moreover, softer US economic data, such as sluggish Retail Sales, a cooling Producer Price Index, and weakening Consumer Confidence, have reinforced the view that the Fed has room to ease without threatening the Read More…
US equities remained firm on Monday night after a strong rebound, with investors rotating back into technology and AI stocks, while repricing expectations for a December Fed rate cut. The bounce followed a broad surge during Monday’s session, with the Nasdaq Composite gaining 2.7%, marking its best performance since May, while the S&P 500 gained Read More…
Currency futures started the week on a firm footing as global risk appetite improved and traders reassessed the expectation of the Fed’s December rate cut decision. With a rising probability of a rate cut, the US dollar lost traction across the futures markets, allowing high-beta currencies like the GBP and AUD to stabilize. In contrast, Read More…
US interest futures swung swiftly on Thursday after fresh US data showed stronger job growth in September, prompting traders to reduce bets on December rate cuts. A few weeks ago, markets were certain about the rate cut. According to FactSet, the probability of a rate cut is down to 22% from 97% in mid-October. The Read More…
Crude oil futures remain under pressure as WTI stays below $60.00 mark, slightly up from Wednesday’s close. However, the broader sentiment remains bearish as traders react to the reports that the US is endeavoring to broker a new peace deal with Russia. This could reshape the global oil supply. Even though the proposal appears beneficial Read More…
Gold futures edged higher on Wednesday as traders weighed shifting expectations for the Fed’s rate, softening labor market data, and an unsettled geopolitical backdrop. The December COMEX gold futures held modest gains above $4,100 area during the European session. Fed’s December rate cut expectations have trimmed to 49%, as reflected by the CME FedWatch Tool. Read More…
US equity futures remained steady on Monday night after a dip in tech stocks led to a decline in the markets. Investors are keenly watching Nvidia’s earnings report and the delayed economic data due this week. Dow Jones Industrial Average futures gained 0.1%, while S&P 500 and Nasdaq 100 added nearly 0.2%, offering stability after Read More…
