Market Analysis

The crypto sector is marginally lower this morning. With other global risk assets marginally higher, crypto continues trading mostly uncorrelated.
There are two trillion reasons why oil will not go to zero, but we may not be out of the woods yet.
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.
May soybeans extended their rally yesterday on the back of hopes for better demand and potential port disruptions in South America. The market is giving back some of those gains in the early morning trade.
Oil prices are starting to bottom despite the potential of the most significant supply glut in history. The reason is that the power of the dollar is supreme over the supply of oil.
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.
The Wall Street Journal reported, "Senate Democrats blocked a rescue package designed to blunt the economic impact of the coronavirus pandemic, after a dispute with Republicans over corporate bailout provisions and aid to dislocated workers.
U.S benchmarks finished Friday on a very ugly note, settling below the December 2018 low, and kicked off this week by gapping lower. The S&P traded to the lowest level since the week after President Trump’s 2016 election. Hopes of massive fiscal stimulus are stalling in the Senate.
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 had big ranges this week. Highs were put in on Sunday/Monday as Fed cut rates to 0-25 bps. Hectic trade as traders scrambled to cover risk and position for further Fed stimulus as the COVID-19 pandemic continues.