Financials Futures Prices
- What the Comparison between Global Financial Crisis and Coronavirus Crisis Implies for Gold?
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- The Trend Trader For Futures Trading on Tuesday, May 26, 2020
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market...
- Traders freak as China set to impose new Hong Kong security law
Headlines crossed during NY trade yesterday, confirmed during Chinas NPC last night. All eyes on Trump as he warned yesterday that the US would...
- Stock Index Futures Performing Well on Mostly Bearish News
U.S. stock index futures are higher despite rising tensions between Washington and Beijing.
- Daily Gold News: Friday, May 22 - Less Volatility Ahead of Long Holiday Weekend
The gold futures contract lost 1.72% on Thursday as it extended a downward correction from Monday's new monthly high of $1,775.80. The market...
- Has Oil Topped Yesterday?
Just like all good and bad things alike come to an end, so do "never-ending" rallies. Crude oil declined well over 5% today, which might mean that we...
Futures Market News and Commentary
Jun T-notes (ZNM20) on Friday closed up +3 ticks. The 10-year T-note yield fell by -1.3 bp to 0.659%.
10-year T-notes on Friday closed mildly higher on increased safe-haven demand from the escalation of U.S./China tensions. T-notes also garnered support from a rally in UK gilts to a 2-1/2 month high after BOE policymakers refused to rule out negative interest rates.
Ramped-up U.S./China tensions boosted safe-haven demand for T-notes after China on Friday announced plans to impose a national security law on Hong Kong. President Trump said the U.S. would "respond strongly" to a planned move by China to crack down on protests and democratic movements on Hong Kong.
Coronavirus concerns continue to boost safe-haven demand for T-notes. Confirmed cases of the coronavirus have risen above 5.262 million globally, with deaths exceeding 338,000.
A bearish factor for T-notes was Friday's announcement from the Fed that it will reduce its Treasury buying to $5 billion... Read more