Introduction Crude oil prices have broken decisively below a year-long multi-test support zone (~$66–68), a structural breakdown as US markets continue to plunge. With prices now trading near the $58 mark, the previous support would now be resistance but time will tell if the price will go back up to test that level. This level Read More…
Equities declined on Monday, extending last week’s collapse amid economic uncertainty. Trump’s aggressive tariff campaign has dampened risk appetite, sending most investors to safe-haven assets. Meanwhile, recession fears are piling pressure on the Fed to consider more rate cuts this year. S&P 500 Index (Source: Bloomberg) The S&P 500 closed Monday in the red, continuing Read More…
Overview The Euro has shown notable strength since early March, climbing to 1.0976 and extending its breakout above a multi-month consolidation zone. However, this bullish momentum is not a function of Eurozone resilience, but rather a consequence of accelerating weakness in the U.S. Dollar. Let’s take a look at the technicals. Fundamental Backdrop – USD Read More…
Currency futures were mixed on Monday, with most currencies holding steady and risk-sensitive currencies vulnerable after fresh lows hit last week. The moves came after the US imposed reciprocal tariffs on most of its trading partners, escalating the global trade war. Currency futures had a volatile week after Trump imposed new tariffs on many more Read More…
“Risk Sentiment Craters as Fed Delivers Hawkish Shock Amid Recession Fears” The S&P 500 E-mini Futures (ES) are tanking as panic and risk-off sentiment sink in. The market’s recent structure has crumbled, and both technical weakness and FED hawkishness are driving US markets lower. What’s Driving the Selloff? – Fundamental Context The plunge in U.S. Read More…
Interest futures edged higher on Friday as investors awaited the release of the U.S. NFP report for March, a critical indicator that could influence the Federal Reserve’s upcoming monetary policy decisions. The CME Group’s FedWatch tool indicates a 68% probability of a rate cut at the Federal Reserve’s June meeting, down from 78% the previous Read More…
