NewsWare‘s Trade Talk

Geopolitics Cause Futures to Slide

Fresh geopolitical tensions have added to investor concerns this morning, over a potential reduction in stimulus by the Federal Reserve. Russia said that it will eliminate the dollar from its National Wellbeing Fund in an attempt to reduce exposure to US assets amid threats of sanctions. The result has been session lows across the board, and the dollar paring gains.

Asian markets also felt the tension’s effects, as President Joe Biden unveiled plans to amend a US ban on investments in companies linked to the Chinese military, which may expand scrutiny to a wider set of enterprises.

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

Futures Up and Oil Continues Gains

Market optimism and fear of inflation continues to shuffle for traders as they watch economies attempt to find their way back from the pandemic. Really the thing everyone is looking for are fresh signals on whether economic growth translates into inflation that sooner or later will prompt central banks to withdraw support. The next tell tale sign will be Friday’s US payrolls data, which will provide a clearer view of the state of the market and hints as to whether the Feds are likely to scale back their monthly asset purchases.

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

Positive Data Boosts Futures and Oil Sees Gains

A string of positive economic readings have spurred optimism in the recovery from the pandemic. Over in oil, the OPEC forecasts a tightening  global market ahead of Tuesday’s meeting which has sent WTI crude to their highest in more than 2 years. Commodities from iron ore to copper also pushed higher. 

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

Solid Economic Data Boosts Markets

Markets are advancing this morning after solid economic data and President Biden’s federal spending plans spurred a wall street rally in cyclical shares. Treasuries have remained steady while the dollar has strengthened.

Among data reported yesterday was a drop in jobless claims to a new pandemic low. Biden is reportedly set to unveil a budget that would take federal spending to $6 TRIL in the coming fiscal year. Moving forward, the next key data to watch for will be on personal spending due out later today.

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

Traders Await Key Economic Data for Market to Turn

The decline in markets comes ahead of key data on the US economy on jobs, growth  and personal consumption. These numbers will play a big role as to how the market will look for the next few days as they’ll help investors piece together a picture of the economy amid concerns about inflation pressures and prospects for monetary stimulus.

Elsewhere in markets, treasury yields remain steady and the dollar has slipped, while oil has weakened on concern that there will be an overabundance of Iranian supply if sanctions on the Persian Gulf producer are lifted.

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

Futures Rise and Inflation Fears Defuse

Markets are positive today as more Central Bank officials have joined in predictions that inflationary pressures are transitory, easing new concerns raised by the latest US economic data. Following a drop in US benchmarks yesterday after home sale and consumer confidence data suggested rising prices are taking a toll, contracts on the S&P and Nasdaq could be signaling stocks will keep moving higher today. More clues as to the outlook for the US economy will show through tomorrow’s jobs data.

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

Futures up as Feds Downplay Inflation

The market is seeing gains in response to the Federal Reserve playing down the risk of persistent inflation. A gauge of dollar strength against numerous peers showed it at its lowest level since January.

Fed comments which were a reiteration by officials that they expect transitory rather than lasting price pressures from the US economic rebound. have aided market sentiment. Officials Brainard, Bostic and Bullard said that they wouldn’t be surprised to see bottlenecks and supply shortages push prices up in coming months as the pandemic recedes, but that most of those gains should be temporary.

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

Commodities Slide As China Ups Rhetoric

Markets are positive and part of that is due to traders betting that the Feds will maintain monetary support in the coming months even while the US economy’s rebound continues to add fuel to inflation fears.

Both the dollar and treasuries remain steady, while Brent crude oil has risen above $67 a barrel after Iran said gaps remain between parties seeking a return to the 2015 nuclear deal, which could lead to increased global crude supply.

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

Strong Earnings Reports Boost Futures

Markets have been boosted this morning due to strong economic readings and earnings reports. Thursday’s rebound fueled by better than forecast jobless claims data helped give a rise in contracts on key US benchmarks.

Treasury yields and the dollar have remained nearly unchanged, while gold continues around the highest level it has in more than four months.

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

Fed Minutes Loom Over Market

Fed minutes released yesterday proved worrisome, showing that some officials are open to a debate at upcoming meetings on scaling back bond purchases if the US economy continues to progress rapidly. Markets are trading lower today as traders consider the possibility that faster inflation and signs of economic progress could bring a faster halt to stimulus.

Cisco Systems, which fell after its profit forecasts missed estimates, adds to a fourth day of losses for the S&P500 index.

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