A quiet overnight session, which saw futures put in the low for the day, led to a more active day session as traders got back to the markets after a traditionally slow holiday week. Disappointing ISM numbers contributed to the steady climb higher as futures closed near their range highs for the day.
Eurodollar futures traded in a tight range of about 4-5 ticks as there was little news to move the market. The focus stayed on impeachment hearings, but futures caught a slight bid late as traders digested FOMC minutes, closing near the top end of the range.
Futures traded in a relatively tight range overnight and found their session lows before the pit opening. With little economic news to digest, the market focused on a report that China is not optimistic about trade deal.
Relatively tame overnight, except for an early morning leg down on China meeting news. This moved picked up steam as rumors of a tariff rollback circulated. Futures continued lower all day, finishing just off their session lows