NewsWare‘s Trade Talk

Futures Rise as Tapering Worries Ease

Markets are in the green and global stocks have rebounded as investors' concerns have eased about stimulus tapering by central banks and China’s regulatory crackdown. Yet, despite an optimistic morning for futures and reaffirmation from central banks of keeping an accommodative stance, the US equity benchmark is still heading for the biggest weekly slide since July 16, threatening to make September the first loss making month since January.

Elsewhere in markets, treasury yields advanced as the benchmark 10-year rate added 3 basis points. Oil has pushed higher, with investors unmoved by China’s confirmation that it has released crude from its strategic reserves.

Tune in to hear what's moving Friday's market and where to trade to end up in green. 

China Returns to Crackdown on Gaming and Growth Outlook Weighs on Markets

Markets have declined today as negative sentiment over slowing economy and the prospect of reduced central bank stimulus continues to flare.

The S&Ps are seeing their longest run of losses since July while the treasuries 10 year yield shed 1 basis point.

The ongoing spread of the delta variant is taking its toll on the US economy as well as global supply chains as it depresses growth and boosts inflation.  These factors are causing central banks to have to pull backs on their recovery support and begin policy tightening and that’s exactly what’s already begun in many countries.

Tune in to hear what's moving Thursday's market and where to trade to end up in green. 

Growth Evaluation Risks Cause Futures to Slip

Markets move lower today along with European stocks as investors assess multiple economic risks like the resurgent pandemic and China’s regulatory crackdown.

Money managers like Citigroup have turned cautious on US equities, where as Morgan Stanley cut US stocks to underweight and global equities to equal weight, citing “outsized risks” to growth through October.

Treasury yields have slid and the dollar has extended a rally.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green. 

Chinese Tech Stocks Rally

A common theme moving into this week is a fear that the pandemic is delaying economic reopening and creating supply-chain bottlenecks, we see it through Chinese exports and imports having grown faster than estimated in August. We also see it through the weak US jobs report that came in last Friday, which bolstered bets that the Federal Reserve will delay its stimulus tapering. Investors are still edgy over the prospects for a growth slowdown and tapering of support outside the US, particularly for Europe.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green. 

Markets Mixed After Jobs Data

S&P Futures posts its gains after energy shares drove the gauge to an all time high on Thursday. The US-year Treasury yield rose to 1.3% and dollar has remained steady near a four week low.

The payroll report and a look into the health of the labor market will help traders to target at which of the three remaining 2021 policy meetings that Fed might be confident enough to unveil its tapering plans. The US likely added another 725,00 jobs in August which although is more moderate versus the prior tow months, is still stronger than early 2021.

Tune into hear what's moving Friday's market and where to trade to end up in green.

Bull Market Ahead of Friday‘s US Jobs Data

Markets had a cautious tone earlier this morning as traders look toward tomorrow’s key US jobs data before shaping bets on the path of Federal Reserve policy tightening but things are moving more optimistically as we come closer to the open.

The Ten-year US Treasury yield has remained steady just below 1.3% and the dollar is unchanged.

Tune in to hear what's moving Thursday's market and where to trade to end up in green. 

Markets Climb on Reopening Optimism

Markets have moved higher along with European equities today as investors bet on resilient economic recovery from the pandemic. Treasury yields have risen higher.

Oil has pared gains ahead of an OPEC+ meeting that could result in a rise in output. The yield on 10-year treasuries rose two basis points to trade above 1.3%.

Tune in to hear what's moving Wednesday's market and where to trade to end up in green. 

Futures Drift, Europe Declines on Taper Scares

Markets are drifting today in premarket following some earlier positivity stoked by supportive Fed policy and rebounding corporate earnings. The dollar has weakened and treasuries have remained steady with the yield on the 10-year benchmark trading around 1.28%.

We are, however, seeing some declines in Treasury yields from a March peak that may partly reflect concerns of a slower recovery ahead on risks such as the impact of the delta strain.

Tune in to hear what's moving Tuesday's market and where to trade to end up in green. 

Powell's Dovish Stance Makes for Steady Market

Markets are steady and moving positive, bolstered by Jerome Powell’s signal that Federal Reserve Policy support that’s been in place since the start the pandemic will be withdrawn cautiously and gradually.

As Fed Chair Powell noted, the paring of bond purchases could start this year, but the Fed is in no hurry to raise interest rates and will be guided by data on COVID-19 risks. The dollar has remained steady against most major peers following Friday’s drop. The 10-year treasury yield has remained around 1.3%.

Tune in to hear what's moving Monday's market. 

Futures Rise Ahead of Jackson Hole

Markets have kept steady ahead of today's key Fed gathering that could offer clues as to the timeline for tapering stimulus.

Some Fed officials have gone so far as to say overnight, that the time to start tapering is near, simply by observing the S&Ps which have dipped from a record. Treasury yields have dipped lower and the dollar is flat as traders await the symposium. A flood of treasury options expiring Friday raise the prospect for volatility after Powell’s remarks.

Tune in to hear what's moving Friday's market and where to trade to end up in green.