Wednesday , 12 February 2025
Home Forex Here is a tailwind for Monday markets
Forex

Here is a tailwind for Monday markets

Our friend Neil Sethi from Sethi Associates brings us a note from Bank of America today that highlights some potential CTA buying:

BoA sees a notable amount of likely CTA buying in the SPX on Monday with vol control funds also adding, perhaps giving a boost to markets Monday, he writes.

S&P 500 futures are up 14 points after opening 30 points lower.

This article was written by Adam Button at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ForexLive Asia-Pacific FX news wrap: USD/JPY up a big figure +

Fidelity’s global macro director says the uptrend in US equites "feels like...

Fidelity’s global macro director says the uptrend in US equites “feels like late innings”

Jurrien Timmer is Director of Global Macro at Fidelity: trend remains up...

Wall Street Journal on ‘what we know’ about Trump’s reciprocal tariffs

The Wall Street Journal piece is gated:What We Know About Trump’s Reciprocal...

GBP/USD holds gains near 1.2450, downside risks appear due to hawkish Fed

GBP/USD remains steady after registering gains in the previous session, trading around...