Futures Jump After Overnight Rollercoaster Session As Oil Unexpectedly Tumbles, Yen Soars
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Source: Zero Hedge
Published: 2026-04-30 22:19 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Technology & AI, Energy, Economy & Finance, Financial Markets, Labour & Workers, Tax & Budget, Trade & Sanctions, Media, World News, Business & Economy, Technology
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Snippet:
Futures erase an overnight slide, and have resumed their ascent trading near all time highs, despite a hawkish Fed statement but stronger Mag7 earnings. The hawkish Fed followed by a less hawkish press conference, plus the news that Powell is staying on seemingly removing a cut, actually have bond yields lower pre-mkt by 2-4bp as the Dollar weakens on what appears to be BOJ intervention which has sent the USDJPY plunging most since 2022.
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