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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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May 29, 2026 / Tyler Durden
South African Impeachment Committee To Hold First Meeting On President's "Farmgate" Scandal
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Mar 23, 2026 / Jason Ditz
Escalated Israeli Invasion Feared as Minster Calls for Annexation of Southern Lebanon
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May 11, 2026 / Tyler Durden
Singapore Remains The World's Most Powerful Passport In 2026
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