Dow Jones, S&P 500, Canadian Dollar Evaluation & InformationDow Jones, S&P 500 Cautious of Quadruple WitchingWhereas
Dow Jones, S&P 500, Canadian Dollar Evaluation & Information
Dow Jones, S&P 500 Cautious of Quadruple Witching
Whereas fairness markets seem to have stabilised with US fairness futures trying to make again to again positive aspects for the primary time this month. We’re cognizant of the truth that immediately is quadruple witching, subsequently market individuals will likely be bracing themselves for maybe one other frenzied session, provided that immediately’s occasion comes after the quickest drop into bear market territory in historical past and document stretch of +/- 4% buying and selling classes in US equities. Bear in mind, that with open curiosity in US equities hovering at multi-year highs an unwind (or rolling off) leveraged positions could make for a risky session, notably to the upside.
Quadruple Witching (Futures and Choices Expiries)
FTSE 100 March (1015GMT)
Euro Stoxx 50 (1100GMT)
DAX 30 (1200GMT)
E-Mini S&P 500 (1330GMT)
Nasdaq 100 (1330GMT)
Dow Jones (1330GMT)
CAC 40 (1500GMT)
US Treasuries Futures Expiry (1700GMT)
WTI Futures Expiry (1830GMT)
CAD: Fairness markets have stabilised this morning, whereas the US Dollar has seen a modest pullback. Nonetheless, we see this as a short lived pause within the greenback energy versus a major reversal. Volatility stays elevated and so long as that is the case, notably in a recessionary atmosphere then there will likely be elementary demand for…