Each afternoon Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
Friday’s USDA report was mostly bearish Soybeans with yield, production, and ending stocks coming in higher than expectations. What helped prop the market up after an initial dip was technical support and optimism around this week signing of the Phase-1 trade deal.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Each afternoon Ira Epstein gets you up to speed on what happened in the metals futures markets. He focuses on relevant economic and geopolitical topics that affect the precious metals and base metal markets.
The crude oil market is still working off risk premium as it appears that President Trump's strong, decisive action against Iran and Iran's face-saving response is working and making the world is a safer place.
The U.S-Iran situation has deescalated, top Chinese negotiator Liu He is set to visit Washington next week to sign the “Phase One” trade deal, the Fed thwarted a liquidity crisis and earnings are right around the corner.
Each day on the European market opening Anthony Cheung, Sam North, and Amplify Trading gets you prepared for the trading day. They focus on relevant macroeconomic insights and trade idea generation for the global macro futures markets.
Futures traded in a tight range, 4-5 ticks for most contracts. With no real economic news and geopolitical noise on hold, the day session was mostly quiet as traders look ahead to tomorrow’s NFP release.
