Interest futures steadied on Friday after dropping most of the week due to a drop in overseas demand. The passing of Trump’s tax bill hurt demand for US Treasuries. At the same time, concerns about higher inflation due to tariffs boosted Treasury yields, weighing on interest futures. Since Tuesday, interest futures have trended lower. The Read More…
Oil held steady on Thursday after an upbeat US monthly jobs report. Meanwhile, prices jumped on Wednesday after Iran suspended working with the UN nuclear watchdog. At the same time, demand increased after the US signed a trade deal with Vietnam. However, downbeat US employment data and a surge in crude inventories kept a lid Read More…
Introduction The Dow is knocking on the door of all-time highs, trading just beneath the ~44,800 resistance zone. With mega-cap indices (like NQ and ES) already in breakout, YM’s late surge confirms a broader market rally, and a potential rotation into industrials and value-heavy components. The weak Dollar is undoubtedly contributing to this. Technical Overview Read More…
Gold prices rose on Wednesday after US data revealed weaker-than-expected private employment numbers. Meanwhile, prices rallied in the previous session due to increased demand for safe havens. US fiscal worries intensified after the Senate narrowly passed Trump’s huge tax cuts and spending bill. At the same time, investors were concerned about the impending deadline for Read More…
Introduction Small caps are back in the spotlight. RTY futures have cleared both the 50-day and 200-day moving averages. While large caps (e.g., NQ/ES) are leading in momentum, RTY is catching up but is still lagging the bigger indices for a while now. Lets see what the technicals are saying. Technical Snapshot Metric Status / Read More…
Equities ended at record highs on Monday, driven by optimism over trade deals and a surge in expectations for Fed rate cuts. At the same time, it was the close of the best quarter in almost a year. Market participants are now gearing up for the US monthly employment report. S&P 500 performance (Source: Bloomberg) Read More…
