It doesn't take a trader to know what has been going on in the financial markets. We have seen more uncertainty than most people can remember in their lives. As the Congress approaches an agreement on the stimulus package, we may see some recovery. However, I would be cautious here. Volatility and uncertainty prevail. We can still see a fall in prices once the market digests the meaning of the stimulus and the growing impact of COVID-19.
This jobs number should ease some recession fears, although next weeks CPI will be a key indicator as we all know. Payrolls were up 372,00 better than expected with the unemployment rate remains at 3.
It is incredible the products the CME Group keep developing to efficiently manage risk. Coming in October they will be releasing products that lenders and other institutional financial market users wi
The CME in August will be introducing a new Lumber Futures Contract that is very beneficial to hedgers. Her are the highlights... New Lumber futures and options Launching on August 8* barcharts.com Th