At-a-Glance

Key Takeaways with Craig

Once again due to travel schedules, we're writing the Key Takeaways column a bit early today (and, in fact, from our cruising altitude on this United Airlines flight).  So, barring some big, late afternoon moves, here is the weekly recap of net price and volatility changes in some of CME's major products, using QuikStrike and CVOL data.  

  • As you can see, the week that was marked by a 50 basis point reduction to the Fed Funds target rate on Wednesday, is characterized by lower volatility and higher equity prices.
  • US Treasury yields actually rose on the week, despite the target rate reduction.
  • Gold prices were higher and continue to trade near all-time high levels. 
  • WTI Crude Oil rose and is trading back over the $70 per barrel mark. 

As always, we hope all of our readers have a safe and happy late-summer weekend and we'll see you back on Monday. 

Today's Future Price Action

Traders Resources

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