Financials Futures Prices
- Doc Dow's FREE Daily Webinar Tuesday 2/18/20
Doc will analyze any Futures or Forex market you wish. Check him out!
- USD/JPY Forex Technical Analysis Strengthens Over 109.688, Weakens Under 109.634
Since the main trend is up, our bias is to the upside. Based on the current price at 109.877, the direction of the USD/JPY the rest of the session on Monday...
- Futures Currency OR Forex Relativity Trade GBP/JPY SHORT
A very good opportunity this week looks like a classic relativityplay. Look to Short GBP, BritishPound, or the Futures (6BH20) and Long JPY, JapaneseYen,...
- The Trend Trader For Futures Trading on Tuesday, February 18, 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...
- Will the 2020s Be Good or Bad for the Gold Market?
2010s have certainly been a roller coaster ride for gold. Will the 2020s then be better than the prior years for the yellow metal? Todays article provides...
- Markets hopeful that Thursday's coronavirus spike in China was a "one-off" event
Official infections are now 15,152 higher than yesterday, bringing total to 59,804 as of Feb 13. Deaths now top 1,367. Hubei removes two top health...
Futures Market News and Commentary
Mar T-notes (ZNH20) on Friday closed up +7 ticks. The 10-year T-note yield fell -3.0 bp to 1.587%.
Mar T-note prices posted moderate gains Friday on mostly as-expected U.S. economic data along with concern that the spread of the China coronavirus will prompt global central banks to boost stimulus measures. Lower European government bond yields on Friday also supported gains in T-note prices.
Concern about the economic effects of the spread of the China coronavirus boosted demand for T-notes on Friday. The outbreak now shows 63,851 confirmed cases of the coronavirus with 1,380 deaths.
Lower European government bond yields underpinned T-note prices on Friday. The 10-year German bund yield fell -1.5 bp Friday to -0.401% on European economic concerns. Friday's data showed Eurozone Q4 GDP rose +0.9% y/y, weaker than expectations of +1.0% y/y, and the slowest year-on-year pace of growth in 6 years. Also, dovish comments on Friday from ECB Governing Council member Vasl... Read more