Currency futures were mixed on Monday after having a strong week amid dollar weakness. The dollar fell last week as Fed rate cut expectations rose due to poor economic data and Trump’s Fed nominations. Meanwhile, market participants kept from making large moves on Monday as they awaited the crucial US consumer inflation report. Dollar Index Read More…
Interest futures held steady on Friday as Treasury yields remained subdued after downbeat US employment figures. Meanwhile, market participants were speculating about future rate cuts after Trump’s pick to fill the vacancy in the Fed. US continuing claims (US Labor Department) Data on Thursday revealed that US employment claims increased more than expected. Claims rose Read More…
Crude oil markets are currently facing a tug-of-war as signs of demand are clashing with rising supply, all underscored by geopolitical risks. At the time of writing, Brent crude trades around mid-$60 while WTI remains steady near $62. Broader economic uncertainties OPEC+ output hikes continue to pressure the oil prices. On the supply side, OPEC+ Read More…
Gold futures remain strong against a backdrop of a complicated macro picture, driven by a combination of changing expectations on Federal Reserve policy, worsening US economic data, and geopolitical risk, which have helped fuel safe-haven demand. Although high spot prices have suppressed conventional consumer demand, futures markets are being increasingly bolstered by institutional positioning and Read More…
Equities rallied on Monday, recovering from Friday’s losses when the US released a downbeat monthly employment report. The rebound came as investors sought bargains. At the same time, there was optimism about lower borrowing costs, which will likely spur economic growth. Friday was a red day on Wall Street after US data revealed a sharp Read More…
Currency futures held onto gains from the previous session on Monday despite a slight recovery in the dollar. Most ended Friday with gains after the US released a poor monthly employment report that led to a surge in Fed rate cut expectations. US jobs (Source: Bureau of Labor Statistics) The nonfarm payrolls report on Friday Read More…
