USDJPY Ignition Lifts S&P 500 Futures To All-Time-Record-Er High (For Now)

It seems ‘someone’ needed to run the S&P futures market back over Friday’s highs just to flush the stops one more time. Thanks to some JPY-selling that momentum was ignited and S&P futures just made new all-time-highs… because, well why not. Soon after the stops were run in stocks, JPY started to revert and so are futures. Gold, oil, and treasuries are all unch for now as is EURUSD.

 

S&P futures were up over 5 points…

 

 

Chart: Bloomberg

    



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