US interest futures didn’t change much on Friday as traders were cautious ahead of the February non-farm payrolls report and also factored in the inflation risks posed by the growing conflict between the US and Iran. Short-term rate contracts linked to the Federal Reserve System’s policy outlook indicate that traders are losing faith in near-term Read More…
Crude oil prices rose further in Thursday’s Asian session as the U.S.-Iran conflict worsened, tightening supply expectations and halting flows through the Strait of Hormuz. Brent crude rose more than 2% and was trading close to $83 per barrel. Meanwhile, WTI rose toward $76.60, adding to an 11% rise earlier in the week. The geopolitical Read More…
Gold futures rose sharply in Wednesday’s Asian session, with April contracts surging by almost 1% to about $5,170, and spot gold stayed above $5,150 per ounce. The recovery comes after a sharp 4% drop earlier in the week, when a stronger US dollar and fading hopes of near-term rate cuts pushed gold to its lowest Read More…
US equities had a rough start to March, swinging back and forth due to rising geopolitical tensions, even though domestic economic data showed economic resilience. Futures fell sharply at first after the US and Israel bombed Iran over the weekend. This caused oil prices to rise sharply, raising fears of a larger regional war. The Read More…
Currency futures remained volatile on Monday morning as tensions in the Middle East rose, pushing safe-haven flows into the US dollar. At the same time, rising oil prices and shifting rate expectations changed the positions of significant contracts. In Asian trading, the US Dollar Index futures (DXY) remained close to 98.00, supported by renewed interest Read More…
Open interest in US interest futures hit an all-time high in February as investors shifted their positions amid concerns about monetary policy, tariffs, and the economy. The CME Group, which runs the world’s largest derivatives market, said that open interest (OI) in its US Treasury futures and options reached an all-time high of 36,328,151 contracts Read More…
