Wall street

With month-end rebalancing flows now underway that often lead to whippy and unpredictable moves in FX markets and the month of June shortly upon us, we take this opportunity to update our view of the S&P500, the preferred barometer of risk sentiment. As things stand currently, the S&P500 is on track to register a gain of almost 5% during May - co...

In amongst the explosive price action the past six weeks, there have been a few short term reliable patterns for traders to reference. One such example is since the S&P 500 commenced falling from its 3397.50 high in February, five of the six re-opens on a Monday morning have featured the S&P 500 futures “gapping” lower on the re-open. Essentially...