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Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars
Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars
Futures erase an overnight slide, and have resumed their ascent trading near all time highs, despite a hawkish Fed statement but stronger Mag7 earnings. The hawkish Fed followed by a less hawkish press conference, plus the news that Powell is staying on seemingly removing a cut, actually have bond yields lower pre-mkt by 2-4bp as the Dollar weakens on what appears to be BOJ intervention which has sent the USDJPY plunging most since 2022. As of 8:00am ET,...
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Apr 21, 2026 / Tyler Durden
US Futures Resume Rally As Iran Optimism Returns
US Futures Resume Rally As Iran Optimism Returns
The optimism that helped list the S&P on 11 of the prior 12 days, and the Nasdaq on 13 consecutive days until Monday's modest pullback, is back - because one can apparently draw the same exact event for 3 weeks now - and sending US equity futures higher again on signs that Iran will attend talks with the US, while the US president said it’s “highly unlikely” that he’d extend the truce. As of 8:00am, S&P 500 futures rose 0.4%, rebounding from Monday’s...
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Trump’s Latest Regime Change Target
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House Ethics Panel Finds Florida Democrat Congresswoman Committed 25 Violations
House Ethics Panel Finds Florida Democrat Congresswoman Committed 25 Violations
Authored by Chase Smith via The Epoch Times,
A bipartisan House Ethics Committee panel found on March 27 that Rep. Sheila Cherfilus-McCormick (D-Fla.) committed 25 ethics violations, a ruling that sets the stage for a sanctions hearing and a potential expulsion vote on the House floor.
The adjudicatory subcommittee, composed of four Republicans and four Democrats, deliberated until well past midnight before releasing its findings Friday morning.
The panel found 25 of 27 counts in the Statement of Alleged Violations proven by clear...
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