News of note & exclusive market commentary
CME Group Bitcoin futures (BTC) experienced record trading volume last week likely triggered by a “mystery order” to buy $100 million worth of the coin. News of this colossal order prompted a massive wave of new traders to jump onboard.Read More
Unpredictable global market reactions surrounding the Brexit vote cast uncertainty on the future of the European Monetary Union. Regardless of which route the UK takes in the coming weeks, currency markets are likely to experience ongoing market volatility creating ongoing trading opportunities.
In the video tutorial below, Dan Gramza outlines FX trading strategies focused around the historic Brexit outcome and potential currency market reactions. He also introduces an innovative new tool, Eurex’s Rolling Spot FX Futures, which provide a more efficient avenue for participants to trade the Global FX markets.Read More
Crude oil futures prices dropped as much as 3.8% on Monday as the market reacted to a tweet from President Trump aimed at OPEC.
Trump’s tweet this morning, which stated the price of oil was “getting too high,” came after two consecutive months of production cuts which have pushed the price of crude higher. Late last year, OPEC agreed to these production cuts which are scheduled to continue through the end of June. However, OPEC members will meet in mid-April to review these plans.Read More
President Donald Trump is due to give his State of the Union address tonight at 9pm ET. Futures rose slightly Tuesday morning as investors digested earnings data while many are eager to hear updates from the commander in chief on a number of topics.Read More
Despite the recent government shutdown, the trade war and the building perception of a pending recession by many analysts, the job market continues to push forward. Economists on Wall Street expect private sector payroll additions of 174,000 for January, while the ADP report shows a robust 213,000 new jobs for the private sector.Read More
US equity futures moved lower Thursday morning on earnings reports which could end a two-day climb for the major indices. The ongoing government shutdown and other global concerns are also important factors in the current market outlook.Read More
US equity futures were up Monday morning on optimism regarding trade relations with China. Washington and Beijing agreed to a 90-day trade détente and China agreed to remove and reduce tariffs on American made cars.
Investors interpreted this news as positive Monday morning as all three major US indices pushed higher.Read More
US equity futures were down Tuesday morning fueled largely by a drop in technology-focused stocks such as Apple and the FANG group. Investors’ concerns over slowing demand of Apple’s iPhones have weighed heavily on the stock price which was down as much as 3.5% in premarket trading.Read More
Nasdaq futures (NQ) were down over 1.5% Friday morning following a drop in European equity markets as British Prime Minister Theresa May struggles to uphold the Brexit deal with the European Union.Read More
Natural gas (NG) futures surged Monday morning to levels not seen since May 2017 as the market reacted positively to near term weather forecasts across northern US states.Read More