CICC Wealth Futures: European futures market breadth fluctuates, short-term funds begin to exit

K-LinePoet · 2026-04-08T18:12:18+00:00

The Euro line futures market is showing a sideways, wide-range oscillation. The rapid selloff at the end of yesterday’s session indicates that short-term speculative capital has started to leave the market, and the market sentiment driving the trend has begun to change. With February’s import and export data falling back, the seasonal slowdown in shipping demand is clearly evident. The factors supporting the current market rebound are only the panic sentiment stemming from the Middle East situation and the increase in shipping costs caused by higher oil prices. However, these factors are subject to many uncertainties; sudden changes in the situation will trigger large swings in the market. It is recommended to reduce long positions on rallies and to watch for changes in the price spread between the near- and far-month contracts. (CICC Wealth Futures)

K-LinePoet

2026-04-08 18:12:18

The European line futures market is showing a sideways, wide-range oscillation. The sharp plunge at yesterday’s close signals that short-term speculative capital has begun to exit the market, and the market sentiment driving the main direction of price action has changed. Import and export data for February have declined, and the off-season characteristics of shipping demand are clearly evident. The only factors supporting the current rebound are panic sentiment arising from the situation in the Middle East and higher shipping costs brought about by rising oil prices, but there are many uncertainties. Sudden changes in the situation will trigger significant volatility in the market. It is recommended to reduce long positions on rallies and to monitor changes in the price spread between the near and far months. (CICC Wealth Futures)

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