Interest futures collapsed on Friday as Treasury yields soared after a better-than-expected US employment report. The upbeat nonfarm payrolls report led to a decline in Fed rate cut expectations as fears of a rapid US economic downturn eased. Initially, the week started badly for the dollar and Treasury yields. Meanwhile, interest futures were steady before Read More…
Oil prices paused their decline from the previous session as market participants shifted their focus to the upcoming US nonfarm payrolls report. At the same time, tensions between Russia and Ukraine renewed worries about supply, supporting prices. On Wednesday, oil prices dropped over 1% after inventory data showed a surprise build in US diesel and Read More…
Gold fluctuated on Wednesday amid uncertainty about developments on trade talks between the US and its trading partners. At the same time, there was caution as market participants awaited the pivotal US nonfarm payrolls report. Trump asked the US’s trading partners to come up with good offers for negotiations by Wednesday. Since April, market participants Read More…
Equities edged higher on Monday amid hopes of progress in trade talks between the US and its trading partners. However, there was downward pressure after Trump promised to increase tariffs on steel and aluminium goods. On Friday, Trump called on the US’s trading partners to provide offers for negotiations by Wednesday. More talks could result Read More…
Currency futures gained on Monday as the dollar eased amid renewed trade war fears. Trump threatened more tariffs last week, which weighed on investor confidence in the US economy. Meanwhile, market participants are looking forward to crucial US employment figures for clues on future Fed moves. The dollar was on the back foot at the Read More…
US interest futures exhibit increased volatility as investors experience a complex confluence of factors influencing the Fed’s monetary policy trajectory. The recent return of Trump tariffs, ongoing inflation, and political factors have increased speculation about when and how much interest rates will change. The temporary reinstatement of Trump’s tariffs by a federal court has reignited Read More…
