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…
The NASDAQ 100 futures (NQ) are suffering a brutal decline along with all other US markets, closing at 16,613, down 5.28% for the session. This marks a cumulative drop of 26.67% from the February highs, officially placing the tech-heavy index in bear market territory. Lets take a closer look. Macro & Fundamental Backdrop The NQ 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…
Dollar dives toward key support as recession fears explode across markets The U.S. Dollar Index (DXY) is trading at 101.81, down -1.81% on the session, marking its largest single-day drop since mid-2022. This dramatic move follows a wave of panic sparked by recession concerns, as detailed in today’s breaking news: “The Dow plunges 1,500 points Read More…
Crude oil prices became volatile after the US President announced trade tariffs on all imports, with a baseline of 10% or higher, affecting major trade partners. Market sentiment soured due to caution despite a tariff exemption on the oil imports. The major partners, including China and Europe, will be largely impacted, raising concerns about global Read More…
