Author: S&P Futures

PARIS: Paris wheat futures extended gains on Friday to a new seven-week high, carried along by technical momentum and a dollar-fuelled jump in S&P Futures. The rise on the European market was capped by a sharp increase in the euro against the dollar, which further tempered export sentiment after a recent slowing in demand for Read More

Analysts at ETF Securities said oil ETFs now hold between 175m-180m barrels equivalent of WTI for delivery in May, the most active futures contract. This is about 30 per cent of combined open interest in May WTI on the New York Mercantile Exchange and Intercontinental Exchange, the main energy futures bourses. The Read More

* Nike climbs in premarket after results, outlook * Biogen’s Alzheimer’s drug slows mental decline-study * Futures up: Dow 148 pts, S&P 15 pts, Nasdaq 36 pts (Adds quote, updates prices) By Chuck Mikolajczak March 20 (Reuters) – U.S. stocks were poised for a higher open on Friday, with the S&P 500 on track to Read More

LONDON (ShareCast) – US stock futures climbed higher before the open on Friday, supported by a healthy gains in European markets as ‘Grexit’ fears receded on hopes the Greek government and the EU can work out a deal in Brussels. A joint statement by Greece and their EU counterparts said the country will submit a Read More

* Futures up: Dow 88 pts, S&P 7.25 pts, Nasdaq 14.75 pts March 20 (Reuters) – S&P Futures climbed on Friday after a one-day pullback as investors were reassured by a reform pledge by Greece to its EU creditors that could help avert a cash crunch. * The benchmark S&P 500 index is on pace Read More

CHICAGO: US soybean futures fell on Thursday on a mild profit-taking setback following a late rally on Wednesday, traders said. A firm dollar, which makes US commodities more expensive to overseas buyers, cast a bearish tone over agriculture futures. A sharp drop in the price of Read More

CHICAGO: US corn and soybean futures fell on Thursday, pressured by strength in the dollar that threatened to further chill already cool demand for US exports, traders said. “It was all about the US dollar today, as the night session gapped higher on big volume off Read More

The Australian bond market is weaker as the rally in US Treasuries is reversed. Fixed-income assets rallied on Thursday after the US Federal Reserve indicated it might be slower to raise interest rates than previously expected. But some of that rally was unwound by Friday morning, with 10-year Australian futures prices following the direction of Read More