Yellen: We have not seen an impact on the Treasury market from the ICBC attack

Yesterday’s poor 30-year Treasury auction reverberated through the market but later in the day, many people were arguing that it should be ignored because a ransomware attack kept China’s largest bank — ICBC — out of bidding. Yellen now says there was no impact on the Treasury market from the attack. Could she mean that

Stern Powell Keeps Pressure on Euro

EUR/USD ANALYSIS Fed > ECB last week contributing to euro weakness. Euro & US CPI the main attraction this upcoming week. EUR/USD bears hopeful for downside breakout. Elevate your trading skills and gain a competitive edge. Get your hands on the Euro Q4 outlook today for exclusive insights into key market catalysts that should be

Aussie looking for a floor against Kiwi, slumps to 1.0780

Share: The AUD/NZD has etched in a new weekly low at 1.0780 after a week of declines. The Aussie’s backslide comes after reaching a technical ceiling at 1.0940. Buyers to be pushed to the back end for next week if they can’t grab ahold of moving average barriers. The AUD/NZD has managed to

The evolution of Fed funds futures market pricing

Here is a great chart snapshot from BMO showing how Fed pricing has changed in the past year. Most of 2023 involved the market buying into the idea of higher-for-longer Fed funds but since October 18, there has been a fresh attempt to price in rate cuts, despite ongoing hawkish Fed rhetoric. That came after

True HFT/ What it takes to achieve speed. – Trading Systems – 11 November 2023

What is needed to achieve true HFT speed for True HFT?   https://www.mql5.com/en/market/product/102747 Example of what is needed with the VPS for 1 microsecond. This is taken from examples of HFT premium and dedicated servers.  Virtual Private Server (VPS). These specifications describe the resources allocated to a virtual machine that is hosted on a physical server

Tech Stocks surge as major indices close higher for second consecutive week

The major stock indices are closing near session highs with the NASDAQ index leading the way. All 3 major indices are closing above their 100-day moving averages (bullish). All 3 indices are closing higher for the week. A snapshot of closing levels shows: Dow industrial average +391.16 points or 1.15% at 34283.09. Its 100-day moving

Lot Size Calculator for Synthetic Indices – Trading Systems – 11 November 2023

Understanding Synthetic Indices and Lot Size Calculation Introduction to Synthetic Indices Synthetic indices are a novel and increasingly popular component of the financial markets. They simulate real-world market conditions using computer algorithms, offering a unique blend of consistency and variability. Unlike traditional assets, synthetic indices are unaffected by real-world events such as economic changes, political