August payrolls crushed consensus at 162K, lifting CME FedWatch odds of a 25bp September hike to 58.4%. All three major indexes closed lower Friday as rate markets repriced hawkish Fed risk ahead of next week's CPI and PPI.
Source: moneycontrol.com · mvariety.com
Markets repriced crypto exchange infrastructure after Trump said regulators are working to bring Hyperliquid onshore. PURR jumped 31% while Cboe and CME fell, signaling a potential rotation in derivatives volume and investor access.
Source: Jeff Yan (sg) · Bloomberg
U.S. equities rallied to record highs on Aug. 13 as July producer prices rose just 4.7% year over year, down from June's 5.5% and below expectations. The cooler data pushed market-implied odds of a September Fed rate hike down to 35% from 50%, while the 10-year Treasury yield slipped to 4.65% and Brent crude fell 2.1% to $87.07.
Source: littleapplepost.com · hayspost.com
Wall Street closed at a record high on 13 August after US wholesale inflation cooled to 4.7% year-on-year, slashing September Fed hike odds to 35%. Australian futures pointed to a 39-point drop at Friday's open, with the AUD steady at US70.53¢.
Source: theage.com.au · smh.com.au
Investors repriced Fed expectations after July producer prices rose 4.7% year-over-year, down from 5.5% in June, while oil prices eased. The S&P 500 closed at a record, and CME Group data showed September hike odds sliding to 35% from 50% two days earlier. Falling Treasury yields and softer energy inflation strengthen the case for a patient Fed, but geopolitical oil risk still looms.
Source: 10news.com · santamariatimes.com
Equity markets retreated for a second day from record peaks as Brent crude gyrated from $87 to over $90 before settling at $88.91. With gasoline at $4.01 and July CPI expected at 3.4%, investors are pricing a 50% chance of a Federal Reserve rate increase in September.
Source: kob.com · cdapress.com
U.S. equities hover near all-time highs as fluctuating crude prices and surging rate expectations create a tug-of-war. S&P 500 earnings soared 50% YoY, but technology stocks struggled and dilution worries surfaced. Traders now price a 90% chance of a Fed rate hike by year-end, up from 57% a week ago.
Source: thetimes-tribune.com
A recent vishing spree targeted nine top private equity and financial firms, including Blackstone and CME, with some victims paying ransoms. While stock reactions were muted, the incident raises material risk questions around data security, regulatory compliance, and investor confidence in these institutions.
In a single day, Wall Street Zen downgraded CME Group to strong sell, and Novavax and SNDL to sell, sending bearish signals across exchanges, biotech, and cannabis. Markets digest the calls amid wide analyst disagreement.
Oil's 7.2% surge to $88.03 on Iran-U.S. clashes triggered a broad equity selloff, with the Dow down 825 points. The Federal Reserve kept rates unchanged but three dissenters wanted a hike, leaving markets on edge about a potential policy pivot to combat resurgent inflation.
Source: mainlinemedianews.com · goskagit.com
Cryptocurrencies opened lower ahead of a Fed meeting that markets describe as the hardest to predict in years. The probability of a rate hike rose to 35.8%, triggering a risk-off move that highlights the tight link between monetary policy and alternative assets.
Meta’s points-based Arena platform enters the prediction market fray just as Schwab and Cboe prepare S&P 500 contracts and a WSJ probe reveals $1.9 million in fake Polymarket bets. The social media giant’s instant distribution could reshape the market, but regulatory risks loom.
Source: Yahoo Finance · Decrypt
The U.S. dollar index surged 0.5% to 99.641 as investors recalibrated expectations for a Federal Reserve pause in December, following signs of potential de-escalation in the U.S.-Iran conflict. With CME FedWatch now pricing a 70.6% probability of a policy hold, the greenback has hit multi-year highs against the yen while trade optimism grows ahead of a scheduled Trump-Xi summit in May.
Source: economictimes.indiatimes.com · Reuters (pk)
As the Federal Reserve convenes for its March 18 meeting, market participants have pivoted from optimism to resignation, with futures pricing now reflecting zero probability of a rate cut. This shift follows a string of hotter-than-expected economic data that has forced a total recalibration of the 'higher for longer' narrative.
Source: finance.yahoo.com · fool.com
CME Group has suspended trading for metals and natural gas futures and options on its Globex platform due to unspecified technical issues. The outage has frozen liquidity in key global benchmarks, including gold and Henry Hub gas, during a period of heightened market activity.
Source: Bloomberg · Seeking Alpha