Crude oil futures gained modestly in Thursday’s Asian session, supported by renewed geopolitical worries and a weaker dollar. However, the broader outlook remains capped by the softening demand and rising US inventories. WTI futures hover above $59.00 after a 0.5% gain, while Feb Brent trades just below the $63.00 mark. The recent boost in price Read More…
Gold futures remained firm on Wednesday, consolidating gains as traders await key US releases ahead that could shape the FOMC meeting next week. Gold Feb futures were trading near $4,230, up 0.25%, at the time of writing. The broad futures markets continue to price in a dovish shift from the Fed, while safe-haven demand for Read More…
US equities remained broadly flat on Monday, stabilizing after a pullback ending the previous week’s 5-day winning streak. Dow Jones, S&P 500, and Nasdaq 100 remained near unchanged levels, revealing a cautious tone after weakening risk appetite and growing uncertainty. The broader sell-off on Monday was triggered by concerns about inflation, stretched valuations in the Read More…
Introduction Euro FX Futures (6E) have rallied but are still in a consolidation period since August, with prices hovering between 1.142 and 1.182. Bulls will be looking to push price above the 50 moving average while bears will be wanting to hold the price below it. The 50 and 200 MA are converging highlighting the Read More…
Introduction The S&P 500 E-mini Futures (ES) have found some bullish momentum now pushing close to the all-time high. Price has also broken above the 50-day moving average, a good sign that sentiment is shifting to bullish again. Buying power and risk appetite is increasing as the market is expecting no hikes for the next Read More…
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…
