Futures News Reviews 

Futures Daily Review January 23, 2019

Futures Daily Review for January 23, 2019 JPY futures: scope for further gains Flash data for JPY futures markets from CME Group noted open interest dropped for yet another session on Tuesday, this time by more than 6.2K contract   GBP futures: cautiousness expected to persist Open interest in GBP futures markets shrunk for the fourth consecutive session on Tuesday, this time by more than 3.4K contracts according to advanced   Have a nice trading!

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Futures News 

US futures point to an upbeat open, after Tuesday’s sharp losses

“U.S. stock index futures fluctuated ahead of Wednesday’s open, weighed down by negative trading seen across global markets” writes Smith Reuters for cnbc.com. ET, Dow futures popped 60 points, indicating an open of 72.52 points up. Futures on the S&P 500 were pointing to a positive open of 4.60 points, while Nasdaq futures signaled an open of 16.44 points up. Source: cnbc.com

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Futures News Oil 

Oil prices drop on renewed global growth fears

“The IMF yesterday lowered its forecast for global economic growth this year, particularly because of the less dynamic growth expected in Europe” writes Deputy Markets Editor for marketwatch.com. Oil futures traded sharply lower Tuesday, under pressure after a warning from the International Monetary Fund and weak economic data out of China underlined concerns about global economic growth and energy demand. February heating oil HOG9, -2.06%  was off 2.3% at $1.873 a gallon, while February gasoline RBG9, -3.53%  dropped 3.7% to $1.40 a gallon.March Brent LCOH9, -2.85%  lost $1.94, or 3.1%,…

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Futures News Reviews 

Futures Daily Review January 22, 2019

Futures Daily Review for January 22, 2019 JPY futures: bullish with caution Flash data for JPY futures markets from CME Group noted open interest clinched the fourth drop in a row on Friday, this time by just 570 contracts. In   USD/JPY falls back to 5-day MA as S&P 500 futures drop 0.65% The USD/JPY pair is currently trading at the 5-day moving average (MA) support 109.44, having clocked a high of 109.69 earlier today. That pullback i   Have a nice trading!

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Futures News Stocks 

US markets are set to slip: Dow futures point to a decline of more than 150 points at the open

“The report by the IMF came just hours after China reported its slowest economic growth in almost three decades” writes Eustance Huang for cnbc.com. Futures are indicating that stateside stocks are set for a rocky start to their trading week on Tuesday.S&P 500 and Nasdaq futures also pointed to declines for their indexes at the stateside open. Source: cnbc.com

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Futures News Oil 

Oil prices edge down as global growth worries threaten demand

“SYDNEY (Reuters) – Oil prices edged lower on Tuesday as concerns over global economic growth stoked fears over future demand” writes Midwest Communications Inc for 95kqds.com. However, oil prices were offered some support in the wake of recent data that indicated major exporters were beginning to curtail production.International Brent crude oil futures were down 10 cents, or 0.2 percent, at $62.64 by 0106 GMT. They closed down 0.1 percent on Monday.Also clouding the outlook was data showing a slowdown in growth in China, the world’s second biggest economy.U.S. West Texas…

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Futures GBP News Stocks 

Asian shares, U.S. stock futures slip as growth worries loom

“There are few signs she can break a deadlock with parliament after her Brexit deal was rejected last week” writes Midwest Communications Inc for 95kqds.com. U.S. stock futures, which offer an indication of how Wall Street will open, were down about 0.2 percent.SYDNEY (Reuters) – Asian shares and U.S. stock futures slipped on Tuesday amid signs of pessimism about world growth, while sterling dithered as the latest plan for Brexit appeared to come and go with no progress.However, equity prices in Europe and Latin America were hit after data showed…

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Futures Markets News Stocks 

U.S. stock futures fall in shortened session as China data reinforces global slowdown fears

“U.S. stock futures fell Monday in a shortened session, as the weakest Chinese growth data in three decades weighed on investors” writes Markets Reporter for marketwatch.com. Hewson was referencing the China growth data.Markets in Asia saw a positive session, though gains were tempered by China data.Dow Jones Industrial Average futures YMH9, -0.38%  fell 87 points, or 0.4%, to 24,599, while S&P 500 futures ESH9, -0.33%  dropped 8.85 points, or 0.3%, to 2,662.75. Source: marketwatch.com

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