financials

The relatively quiet overnight session was interrupted by blowout employment numbers, which moved futures swiftly lower.
SOFR futures positioning ahead of year-end turn drives record OI. SOFR is a logical replacement for Libor futures after the end of 2021, when regulators have called for its replacement.
Quiet overnight session disrupted by China trade talk headlines. Trump signaled a willingness to move forward with the tariffs if a deal isn’t struck by the mid-December deadline.
A quiet overnight session, which saw futures put in the low for the day, led to a more active day session as traders got back to the markets after a traditionally slow holiday week. Disappointing ISM numbers contributed to the steady climb higher as futures closed near their range highs for the day.
Eurodollar futures traded in a tight range of about 4-5 ticks as there was little news to move the market. The focus stayed on impeachment hearings, but futures caught a slight bid late as traders digested FOMC minutes, closing near the top end of the range.
Futures traded in a relatively tight range overnight and found their session lows before the pit opening. With little economic news to digest, the market focused on a report that China is not optimistic about trade deal.
Quiet overnight session leads to a muted day trading session as futures bounced within a narrow range, mostly between 3 and 4 ticks.
Interest Rate futures moved steadily higher throughout the session, closing just off their session highs. Rate futures implied volatility was up today, it’s just moving off its recent lows.
Trades we are monitoring today. If you’re also looking at the Silver and Gold Options volatility this might be a trade that’s worth a look.
Futures put in their lows early in the session. Once the equities opened, futures marched steadily higher, reaching the top of their session range by midday, closing just off those levels.