Oil news · Federal Reserve news
[MARKET ANALYSIS] T-note futures are little changed despite encouraging data, hawkish Fed commentary and higher oil prices
Newsquawk Staff ·
USTs: +2 ticks
- Trade little changed following recent indecision and despite encouraging US economic data, hawkish Fed commentary, and mildly higher oil prices.
Bunds: +6 ticks
- Lacks firm conviction in the absence of fresh pertinent drivers and with resistance around the 125.00 level.
JGBs: -7 ticks
- Price action is choppy amid a quiet data calendar and despite the sell-off in tech stocks.
- US Market Wrap: Stocks gain as tech earnings begin
- Canadian PM Carney says he spoke to US President Trump on Wednesday for quite some time; he discussed a wide range of issues with US President Trump, including Iran
- CRUDE WRAP: WTI (Z6) SETTLES USD 0.67 LOWER AT 97.15/BBL; BRENT (X6) SETTLES USD 0.03 HIGHER AT USD 108.82/BBL
- [MARKET UPDATE] Risk-on trade seen at 12:39EDT/17:39BST with desks citing OFAC authorising offloading of some cargo involving some blocked vessels; Downside in oil, equity futures hit new session highs, gold and bonds rallied, while USD saw pressure
- Newsquawk European Market Wrap - 21st October 2026
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