CME Group Daily Commodity Market Videos
The CME Group's educational department creates futures and options trading videos featuring various futures markets, trading strategies, and even commodity options ideas.
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S&P 500 futures rebound following 4-session decline.
S&P 500 futures advanced 1% to trade near 7,670, snapping a four-session decline and recovering much of the week's selling pressure. Lower crude oil prices—driven by potential talks regarding shipping lanes in the Middle East—helped ease market headwinds alongside a strong quarterly earnings cycle. All major U.S. equity index futures posted gains, with E-mini Nasdaq-100 and Dow futures rising roughly 1% while E-mini Russell 2000 futures gained 0.5%. Dan Deming breaks down the key market drivers. -
British Pound futures rebound as U.K. economic data beats expectations.
British Pound futures tested their 200-day moving average before rebounding into positive territory, putting the contract on pace to snap a two-week streak of lower closes. The move was supported by stronger-than-expected U.K. economic data, with July GDP rising 0.4% and year-over-year growth hitting 1.6%. The robust data adds complexity to next Thursday's Bank of England meeting, where markets widely expect rates to remain at 3.75% amid pushback from Governor Andrew Bailey on the necessity of near-term hikes. -
2-Year Note futures fall to new contract low as yields surge.
2-Year Note futures trade lower for a fifth consecutive session, reaching new contract lows at 102'02. Selling pressure persists across the yield curve, particularly on the short end, following elevated PPI and CPI inflation data. The CME FedWatch Tool now signals an 85% probability of a rate hike at next week's Federal Reserve meeting. As a result, the 2-Year Treasury yield jumped 9 bps to 4.64%, hitting its highest level since July 2023 and driving a flatter yield curve. Dan Deming analyzes the dynamics behind the sell-off. -
WTI Crude Oil futures pull back after 8-session rally.
WTI Crude Oil futures pull back after an eight-session rally, dropping roughly 2.5% to trade near the $100 mark. The selling pressure follows news of potential negotiations among Middle East nations regarding shipping in the Strait of Hormuz, which has helped ease short-term supply concerns. Despite the daily decline, WTI remains up nearly 9% for the week and continues to trade near its highest levels since mid-May. Dan Deming breaks down the price action across the energy complex, noting that while RBOB Gasoline and Brent also traded lower, diesel prices continue to hold at record levels. -
Gold futures dip below 50-day average as Treasury yields surge.
Gold futures experienced volatile price action, testing the 50-day exponential moving average before recovering to close above $4,400. Despite the late-session bounce, the contract remains on track for a third consecutive lower weekly close. Markets also digested the latest U.S. inflation data, where core CPI rose 0.3% against expectations of 0.2%, reinforcing market expectations for a 25 bps rate hike at next Wednesday's Federal Reserve meeting. Rising interest rates continue to create a headwind for the precious metal, as the 10-Year Treasury yield approaches 5% and the 30-Year yield reaches levels not seen since 2007.
