Natural Gas Futures: Further advance in store near term

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Share: Open interest in natural gas futures markets reversed the previous daily drop and went up by nearly 12K contracts on Tuesday according to preliminary readings from CME Group. Volume, instead, shrank by around 41.6K contracts, partially setting aside the previous daily build. Natural Gas faces the next up barrier at $3.00 Prices […]

S&P500 Futures fade week-start rebound, yields dribble amid mixed inflation concerns, light calendar

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Share: Market sentiment remains cautiously optimistic despite the latest inaction. S&P500 Futures seek fresh clues to extend Monday’s rebound from one-week low. US Treasury bond yields consolidate the previous week’s rally amid downbeat inflation expectations, employment data. Hawkish Fed talks, US-China jitters are extra filters probing the momentum traders seeking fresh clues. The […]