The Trading Room®

Established Since 1997

iNewton™ Quantitative Program - Letter of Direction Accounts

request more information

Experience The Power of Market Intelligence

iNewton™ Performance Summary

click here
The Trading Room

  The Trading Room®     LIVE TRADING ROOM ACCESS       PERFORMANCE
Join us in our live futures trading room, from 7:30 to 10:30 am ET.
Access is simple, here is how to get started with a two week free trial…
Click on the following link and register as a guest.  

WORLD HEADLINES – A 2 percent slide in Chinese equities on Wednesday and a fresh weakening in the yuan highlighted mounting stress on the world’s number two economy from trade tensions with the United States, while global stocks slipped to approach two-month lows.

STOCKS – Risk-off sentiment continued during the European session with stocks falling 0.5 percent to the lowest since April 12 . A near-one percent fall in auto shares among the most vulnerable to U.S. tariffs, took German equities 0.5 percent down to nearly three-month lows.

BONDS – Risk-off bonds also gained from the turmoil, with 10-year Treasury yields slipping 3.5 basis points to around 2.84 percent, a near-one month low.

COMMODITIES – The Iran supply worries have overshadowed a supply increase agreed by OPEC and other oil producers last week, pushing oil futures higher.

CURRENCIES – The greenback itself firmed modestly against a basket of currencies, recovering from 10-day lows, but it fell 0.3 percent against Japan’s yen which is considered a risk-off asset.

ECONOMIC DATA – US Core Durable Goods Orders m/m due at 8:30, RBNZ Rate Statement at 17:00 ET.

 

COMMODITY FUTURES, OPTIONS, AND FOREX TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.

 
 
PageLines