Markets See Unusual Relationships and Await Major Economic Reports
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Markets were not correlated yesterday, with unusual relationships between USD, crude, bonds, and gold. Indicates potential issues.
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13 major economic reports coming out today could significantly impact markets.
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Noted possible long opportunity on 10-year bond futures (ZN) based on chart indicators yesterday.
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Markets mostly closed higher yesterday.
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Futures trading carries substantial risk, with major potential for loss. Market volatility and illiquidity add risk.