Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM. The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.
Explore Special Offers & White Papers from AFS
CPI & PPI Reports Later This Week
STOCK INDEX FUTURES
Stock index futures are higher on limited news.
There are no major economic reports scheduled for today.
The January consumer price index will be released on Tuesday. January retail sales will be released on Wednesday, and on Thursday we will get the January producer price index.
The technical aspects for stock index futures remain supportive.
CURRENCY FUTURES
The U.S. dollar index is a little lower despite recent hawkish comments from several Federal Reserve officials.
Interest rate differentials are neutral for the U.S. dollar index, and breakouts for the greenback are likely to fail in both directions.
The European Commission said the German economy will grow slightly this year, revising higher its previous prediction for a 0.6% contraction. The European Commission is now estimating 0.2% gross domestic product growth for Europe’s biggest economy in 2023.
The annual inflation rate in Switzerland increased to 3.3% year-on-year in January 2023, which is the highest reading since September 2022, from 2.8% in the previous month and above market expectations of 2.9%.
INTEREST RATE MARKET FUTURES
There are no Federal Reserve speakers scheduled for today.
However, recent Fed officials warned of higher interest rates than markets are anticipating.
Most likely the Federal Open Market Committee will increase its fed funds rate by 25 basis points at its March 22 policy meeting.
The long term outlook for futures is higher.
Interested in more futures markets? Explore our Market Dashboards here.
Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM. The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared. The information provided is designed to assist in your analysis and evaluation of the futures and options markets. However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.
Latest News & Market Commentary