Derivatives

24 July 2026
Kansas Fed factory index slips in July, signalling softer momentum and potential easing in rate expectations

Kansas City manufacturing softened in July; index fell to 17, signaling slower growth and lower volatility.

24 July 2026
ECB Holds Rates at 2.25% as Lagarde Keeps Options Open Ahead of September Hike Expectations

ECB holds rates at 2.25%, signals optionality; traders may position for underpriced September 25bp hike.

24 July 2026
Markets brace for BEA’s US core PCE methodology revision, with limited impact on inflation trend

BEA revises PCE methodology Sept 30; core May 2026 ~15bp lower, minimal impact; traders anticipate volatility, mispricings.

24 July 2026
WTI tops $90 as Hormuz tension lifts supply fears and options traders turn to spreads

WTI surges above $90 on US-Iran tensions; supply disruption fears grow; traders favor spreads amid overbought signals.

24 July 2026
TD Securities sees oil-driven July Fed hike pricing as overstated, backs receiving July OIS

TD Securities sees July Fed hike pricing overdone; recommends receiving July OIS amid oil-driven geopolitical risk.

24 July 2026
EUR/GBP Slips as ECB Holds Rates, Markets Price September Hike Amid Energy and UK Uncertainty

EUR/GBP slipped near 0.8530 after ECB held rates; September hike expectations rise, boosting volatility and hedging.

24 July 2026
Commerzbank Sees Banxico Rate-Hike Bets Unwinding as Softer US Dollar Pulls USD/MXN Lower

Commerzbank sees limited Banxico tightening; expects repricing of hike bets, softer dollar and supportive trade to cap USD/MXN.

24 July 2026
Lagarde Signals Unanimous ECB Hold as July Hike Talk Raises Data-Driven Volatility Risks

Lagarde held ECB rates unanimously; no guidance, data-driven September. Traders hedge hawkish risk, expect volatility, widen spreads.

24 July 2026
Brent Surges Towards $100 as Red Sea Attacks Stoke Supply Fears and Push Global Yields Higher

Brent nears $100 on Red Sea attacks, triggering inflation-shock yields; trades: oil calls, bond shorts.

24 July 2026
Canada EI beneficiaries flat in May, fuelling dovish Bank of Canada bets and CAD downside

May’s EI beneficiaries held flat at 0% after April’s -0.5%, signaling cooling jobs, weaker CAD outlook.

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