Traders

Small "Santa Rally" As Futures Rebound After Traders Shrug Off Trump Veto Threat

After initially tumbling after President Trump shocked the establishment and traders with a surprise tirade against the $900 billion relief package, calling it a “disgrace” and demanded stimulus checks be raised to $2,000 from $600 while demanding that “wasteful and unnecessary items” be eliminated, futures staged a full rebound as analysts said investors shouldn’t worry…

Goldman's European Traders Summarize The "Unforgettable" 2020 In 10 Charts

In its final report for the year, Goldman’s European Weekly Kickstart team has put together 10 charts summarizing the “unforgettable” 2020 while looking at what’s in store for 2021. Goldman starts off chronologically, writing that as we entered 2020 European stocks were a sea of calm with no major elections planned in France or Italy,…

Traders On Edge As China Faces $900 Billion Liquidity Shortage

In all the recent noise surrounding the presidential elections, the pandemic, the state of US fiscal stimulus, and a possible vaccine it is easy to forget that what really matters for the global economy is neither US fiscal or monetary stimulus, nor who the US president is, but rather what China does: after all, recall…

Futures Rollercoaster As Virus Resurgence Spooks Traders

In a rollercoaster overnight session, futures dropped as much as 1% in early trading, before paring all losses only to slide once again while Nasdaq 100 contracts swung between modest losses and gains. At last check, the Emini was down 0.4% to 3,555 as coronavirus infections surged and investors weighed the timeline of the roll-out…