As traders brace for another pivotal session on Monday, July 7, 2025, several critical U.S. economic updates could influence market direction. Investors will closely monitor the Commodity Futures Trading Commission’s (CFTC) weekly Commitments of Traders (COT) report at 3:30 PM ET, offering insights into speculative positions in key futures markets. S&P 500 futures saw a previous net short position of -144.8K, while the Nasdaq 100 held a bullish 16.5K. Gold and crude oil futures showed strong speculative interest, with prior readings at 195.0K and 233.0K, respectively. Copper (29.4K), silver (62.9K), and soybeans (55.9K) also reflected bullish sentiment, while natural gas (-93.8K), wheat (-71.2K), and corn (-130.6K) positions pointed to continued bearish bets.
Also at 3:30 PM ET, aluminum speculative positions will be reported, with the previous reading at 0.7K. These data points provide valuable indicators of risk appetite and hedge fund positioning.
At 4:30 PM ET, the Federal Reserve’s latest balance sheet update will shed light on monetary policy trends, with the prior figure at $6.622 trillion. Reserve balances with Fed banks, previously at $3.347 trillion, will also be released, offering clues on liquidity conditions in the banking system.
Earlier in the day, the Conference Board’s Employment Trends Index, due at 10:00 AM ET, will give a composite view of labor market momentum. Meanwhile, Treasury will auction 3-month and 6-month bills at 11:30 AM ET, with previous yields at 4.250% and 4.150%, respectively, signaling short-term borrowing costs and investor demand for government securities.
With markets highly sensitive to macro signals, these releases could trigger volatility across equities, commodities, and bonds. Traders are advised to stay alert.


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