Quarterly Outlook
Macro Outlook: The US rate cut cycle has begun
Peter Garnry
Chief Investment Strategist
Senior Relationship Manager
Summary: Bitcoin testing 100k!
Good morning,
In terms of data we are looking a slow day but trading wise, that may not be the case. Levels and headlines are certainly anything but boring:
With only the US University of Michigan consumer sentiment and the S&P Global Manufacturing & Services PMIs on the agenda, be cautious of repositioning and technical level.
Next week brings us key US Data, Thanksgiving, Month End and Black Friday.
Watch out for Expiries of Futures and there are also significant option expiries in Nvidia from speculation on earnings.
Physically Settled Futures in GMT
CCZ4 will expire on 22/Nov at 1600 hrs
CTZ4 will expire on 22/Nov at 1600 hrs
PAZ4 will expire on 22/Nov at 1600 hrs
ZOZ4 will expire on 22/Nov at 1600 hrs
NGZ4 will expire on 26/Nov at 2030 hrs
FLGZ4 will expire on 28/Nov at 1600 hrs
TTFMZ4 will expire on 28/Nov at 1000 hrs
GCZ4 will expire on 29/Nov at 1600 hrs
MGCZ4 will expire on 29/Nov at 1600 hrs
HGZ4 will expire on 29/Nov at 1600 hrs
KEZ4 will expire on 29/Nov at 1600 hrs
SILZ4 will expire on 29/Nov at 1600 hrs
SIZ4 will expire on 29/Nov at 1600 hrs
TNZ4 will expire on 29/Nov at 1600 hrs
UBZ4 will expire on 29/Nov at 1600 hrs
ZTZ4 will expire on 29/Nov at 1600 hrs
ZWZ4 will expire on 29/Nov at 1600 hrs