A cooling malfunction at a key CME data center forced a halt in trading across its major exchanges, including the CBOT, NYMEX, and COMEX. The disruption also spilled into EBS, a primary venue for institutional FX trading, further tightening liquidity conditions during a session already expected to be thin. With one of the world’s largest derivatives marketplaces offline, traders […]

Treasuries held firm for a second session, supported by rising confidence that US monetary policy is headed toward easing. Momentum strengthened after reports that Kevin Hassett, the White House National Economic Council Director and a vocal advocate for lower rates, has emerged as the frontrunner to replace Jerome Powell as Fed Chair  a shift that markets

Markets entered the week with renewed conviction that the Federal Reserve is preparing to ease policy in December, driving a fresh wave of optimism across risk assets. A series of supportive remarks from key Fed officials  including Governor Christopher Waller, New York Fed President John Williams, and San Francisco Fed President Mary Daly  reinforced the growing view that policymakers

Traders kicked off the week by rebuilding expectations for a December Federal Reserve rate cut, helping stabilize sentiment after last week’s turbulence. Renewed optimism came after New York Fed President John Williams  one of the most influential voices at the central bank  signaled that policymakers still have room to ease in the near term. His remarks were

Market sentiment turned defensive on Thursday as traders reassessed the likelihood of a December rate cut following a fresh round of cautious commentary from Federal Reserve officials. The long delayed September employment report finally arrived and while it showed a pick up in job growth, the slight rise in the unemployment rate underscored a labor

The dollar is extending its strength after logging its biggest single day gain since late September, supported by shifting expectations around the Federal Reserve’s near-term policy path. US Treasuries were steady overnight, stabilizing after a mild pullback as traders further unwound bets on a December rate cut. With visibility on the labor market still limited,

Investor focus is firmly locked on the delayed September US employment report, due Thursday  a release that will likely reset expectations for the Federal Reserve’s next policy move. With the data backlog finally clearing, this week’s jobs numbers are expected to play a decisive role in shaping rate cut probabilities heading into year end. For now,

After several weeks of silence from Washington, investors are finally about to receive the economic signals they’ve been waiting for. With US government agencies back online, a full slate of key indicators  including fresh labour-market readings  will set the tone for global markets this week. For traders, this data release cycle is not just routine, it

Market optimism that followed the end of the U.S. government shutdown faded on Wednesday as a series of cautious remarks from Federal Reserve officials sharply tempered expectations for a December rate cut. With the probability of easing now slipping below 50%, traders are recalibrating their positions ahead of a wave of long-delayed economic releases that could

After a record breaking 43-day shutdown, Washington is finally back in business and markets are wasting no time turning their attention to what comes next: the Federal Reserve. President Donald Trump’s signature on the funding bill officially ended the longest government closure in U.S. history, allowing federal operations to resume and setting the stage for the