S&P Futures Jump (ok this is ridiculous tyler's-they were up +80 on Dow last night when pepe checked them before bedtime)On Renewed "Trade Talk Optimism", Set For Best Quarter Since 2009
and oil prices are breaking out over the level when POTUS asked for production increases
love your chart and graphic work but you need to take a chill pill with the headlines.
Global stocks and US equity futures rose in a broad rally to end the strongest quarter since 2012 while global bond yields rebounded after a prolonged slide on growth worries amid renewed "trade talk optimism" after Bloomberg reported overnight that U.S. negotiators have been working "line-by-line" through the text of the trade truce agreement and Steven Mnuchin said he had a “productive working dinner” the previous night in Beijing.
On Friday, Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer held meetings in Beijing to ensure there were no discrepancies in the English and Chinese-language versions of the text, and also to balance the number of working visits to each capital.
As always expect lots of noise on the trade front and little to no signal, although markets will look for any excuse to window dress stocks sharply higher today. Sure enough, futures on the S&P 500, Nasdaq and Dow Jones all rose, and despite recent turbulence, the S&P 500 gained 12.3% so far this quarter, on pace for the best quarterly performance since 2009.
The MSCI World Index was up 0.17% on the day, and was set to post its best quarterly performance since March 2012
European markets opened higher, with the European STOXX 600 index up 0.4 percent. France’s CAC 40 index led gains, up 0.77 percent, while Britain’s FTSE 100 index was up 0.6 percent. Germany’s DAX rose 0.4 percent with miners and retailers leading the way higher.
Earlier, stocks rose across Asia, with China stocks leading gains across regional equity markets with U.S.-China trade talks underway in Beijing; Shanghai Composite and CSI 300 indexes both on course for their best quarter since 2014; The MSCI Asia Pacific Index was up 9% in 1Q.
https://www.zerohedge.com/news/2019-03-29/sp-futures-jump-renewed-trade-talk-optimism-set-best-quarter-2009
https://www.bloomberg.com/markets/stocks/futures
https://www.dailyfx.com/crude-oil
The mkts are also dealing with elevated borrowing costs between themselves as the qtr closes tomorrow
see this from yesterday
All Eyes On Tomorrow's Repo Rate Blow Out
(repo-rates are rates bank's charge each other to lend money . They are also referred to as LIBOR but that does not capture all the activity- but space considerations dictate you should look that up at link provided
https://www.zerohedge.com/news/2019-03-28/all-eyes-tomorrows-repo-rate-blow-out
Financial terms can be explained easily is you are unfamiliar with them.
https://www.investopedia.com/dictionary/