Explore Special Offers & White Papers from ADMIS

Stock Indexes Rebound


U.S. stock index futures are rebounding, shrugging off the receding likelihood of additional fiscal stimulus and ongoing tensions between Washington and Beijing.

Some of the gains were linked to better than expected quarterly earnings results in some tech companies.

The August consumer price index increased 0.4% when up 0.3% was expected and the consumer price index excluding food and energy was up 0.4% when a gain of 0.2% was anticipated.


The U.S. dollar index is lower, and the euro currency is higher.

The euro advanced yesterday after the European Central Bank’s policy meeting and comments from ECB President Christine Lagarde. Many traders believed the ECB president would have pushed back harder on the euro’s recent appreciation and signal a further monetary policy easing.

German consumer prices fell 0.1% on the month in August and were in line with expectations.   One of the reasons for the low rate of inflation is the temporary value-added tax reduction, which was implemented on July 1, as a measure of the German government’s economic stimulus package.

U.K. gross domestic product growth for July was in line with expectations coming in up 6.6%, which was the third monthly gain.


Futures are higher across the board.

Interest rate market futures at the short end of the curve are likely to be supported by ideas that major central banks, including the Federal Reserve, will keep short term interest rates low for an extended period. Some analysts believe it will be several years before the Federal Reserve will be in a position to hike its fed funds rate.

However, futures at the long end of the curve, especially the 30-year Treasury bond futures may be undermined by the inflationary aspects of the Federal Reserve’s “average inflation targeting” policy.

The next Federal Open Market Committee meeting is scheduled for September 16. Financial futures markets are predicting there is a 96% probability that the FOMC will maintain its fed funds target rate at zero to 25 basis points.

Click here for full report

Risk Warning: Investments in Equities, Contracts for Difference (CFDs) in any instrument, Futures, Options, Derivatives and Foreign Exchange can fluctuate in value. Investors should therefore be aware that they may not realise the initial amount invested and may incur additional liabilities. These investments may be subject to above average financial risk of loss. Investors should consider their financial circumstances, investment experience and if it is appropriate to invest. If necessary, seek independent financial advice.

ADM Investor Services International Limited, registered in England No. 2547805, is authorised and regulated by the Financial Conduct Authority [FRN 148474] and is a member of the London Stock Exchange. Registered office: 3rd Floor, The Minster Building, 21 Mincing Lane, London EC3R 7AG.                  

A subsidiary of Archer Daniels Midland Company.

© 2021 ADM Investor Services International Limited.

Futures and options trading involve significant risk of loss and may not be suitable for everyone.  Therefore, carefully consider whether such trading is suitable for you in light of your financial condition.  The information and comments contained herein is provided by ADMIS and in no way should be construed to be information provided by ADM.  The author of this report did not have a financial interest in any of the contracts discussed in this report at the time the report was prepared.  The information provided is designed to assist in your analysis and evaluation of the futures and options markets.  However, any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to ADMIS. Copyright ADM Investor Services, Inc.

Latest News & Market Commentary

Explore Special Offers & White Papers from ADMIS

Get Started