Xi Jinping sleeping (AI image)What is happening in the bond market?Treasury yields are reaching fresh cycle highs even with Fed hiking probabilities unchanged. Wonks are talking about r* again in a sure sign they have no idea what's happening. After all, if there's a...
WTI crude oil settles down $0.53 at $80.12
The price of crude oil futures is settling down $0.53 at $80.12. The high price for the day reached $81.75. The low price is now extending to new session lows in post-settlement trading at $79.97. Technically, the high price moved up toward its 200-hour moving average...
S&P index trades above and below unchanged today
The S&P index is trading back in positive territory after giving up earlier gains of 25.88 points and moving into negative territory by -9.42 points.Technically, the low price from Friday stalled within a swing area between 4325 and 4338, and rebounded modestly...
EURUSD chops back higher after buyers and sellers take their shots w/ neither hitting.
The EURUSD buyers took the pair's price above its 100-hour moving average (blue line in the chart below) earlier today, but ran into resistance near a swing area between 1.0911 and 1.09179. When the price moved back below the 100-hour moving average 1.08876, that...
The sellers are in control in gold. What would keep sellers in full control going forward?
The price of gold has been trending to the downside sing the end of August. There was one sharp correction around August 6th, but sellers leaned and the price rotated back lower. Gold buyers had their shot above the 100 hour MASince then, the price has stayed mostly...
European equity close: Small gains as the week gets underway. Italy leads
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
New York Fed finds Americans expect record income to start new jobs
NY Fed finds pay needed to accept a new job at $78,645 up from $72,873 a year agoOut of those employed four months ago, 91.4% still maintain their jobs, showing a marginal dip from 91.8% in July 2022.Only 19.4% reported looking for a job recently, down from 24.7% last...
Crude oil retraces gains and trades back toward 100 hour moving average support
The price of crude oil last week, came down to test a key target at $79.00. For 3 straight days (W-F), the price of the crude oil set lows within $0.05 of that $79.00 target and stalled the fall. The price rebounded into the close on Friday and closed higher on the...
Goldman Sachs: Assessing the upward trajectory of USD/JPY and its outlook
Goldman Sachs weighs in on the trajectory of the USD/JPY currency pair, focusing on its correlation with US yields and the potential risks and factors influencing its direction.Key Insights:Yen's Usual Behaviour: Historically, even in the absence of a surge in US...
US 10-year yield breaks the October high — now highest since pre-financial crisis
You haven't been able to get paid this much holding US 10-year notes since before the financial crisis.US 10-year yields are now up 9.7 basis points on the day, breaking the October high of 4.33% and rising to 4.35%. That's the highest since November 2007.The high of...
USDCHF finds buyers near some key support. Can the buyers keep that positive momentum?
The USDCHF fell in early Asian trading but found support buyers near the 38.2 of the move down from the end of May high near 0.8779. That is also near a rising trend line and a swing ceiling going back a couple of weeks all near the same area. If the price is able to...
Storms lineup in the Atlantic basic but only one real threat
A glace at the Atlantic basin storm map would initially put a fright into energy traders and insurance agents but it's not as bad as it looks. Franklin is set to turn sharply north then back into the Atlantic while Gert and Emily are also highly unlikely to make...
US major indices traded higher to start the trading week. A look around the markets.
The major indices are trading higher to start the day and the week. The S&P and NASDAQ are looking to break 4-day down streaks. The earnings calendar is largely complete, but Nvidia will report earnings on Wednesday. Their shares are surging by $16 in early US...
August 21, 2023:A technical look at the USDCAD, AUDSD and NZDUSD to start the trading week
https://www.forexlive.com/technical-analysis/august-21-2023-kickstart-your-trading-day-with-a-look-at-the-eurusd-usdjpy-and-gbpusd-20230821/I kickstarted the trading week with a technical look at the EURUSD, USDJPY, and GBPUSD in this video HERE. NOW, in this video, I...
Bond yields rise to dangerous levels
Bonds and the yuan are the story of the month so far.China is pushing USD/CNH down but are they selling Treasuries to do it? US 10-year yields are up 7.3 bps to 4.32% today, which is just a shade below Thursday's high and the October 2022 cycle high.US 10 year...
August 21, 2023: Kickstart your trading day with a look at the EURUSD, USDJPY and GBPUSD
Kickstart your forex trading day (and week) with a look at the EURUSD, USDJPY, and GBPUSD from a technical perspectiveEURUSD: The EURUSD has moved above its 100-hour moving average after testing it on Thursday and finding willing sellers. The price action last week...
USD/JPY climbs back above 146
USDJPY dailyRising Treasury yields are underpinning USD/JPY to start the week. The pair is up 64 pips to 146.02 after running stops above the figure. The rally today comes following two days of declines at the end of last week.Yields are near the highs of the day with...
돈버는 정보 자동부업의 끝 ! 진짜 클릭한번으로 월200 벌 수 있냐구요? 영상하나로 정리해드립니다.
https://www.youtube.com/watch?v=BMIcyx60J9k 안녕하세요. 어쩌다보니 #자동부업 을 연속으로 2개나 보여드리게 됐는데요. 다들 아시겠지만 자동부업은 여러개 설정을 무조건 해두셔야 합니다. 그래야 월 수익금을 늘려가실 수 있고 자동부업 이라고해서 처음부터 무조건 돈이 크게 들어오지 않아요. 그렇지만 당연히 오래된 계정을 사람들은 신뢰하고 이용할거고 당연히 운이 따라준다면 좋겠지만 그렇지 않은 경우에도 자동부업 여러개를 잘 관리하시면 충분히 큰...
Canada July new housing price index -0.1% vs +0.1% prior
> Canada July new housing price index -0.1% vs +0.1% prior New housing price data from Statistics Canada <!--> Adam Button Monday, 21/08/2023 | 12:30 GMT-0 21/08/2023 | 12:30 GMT-0 --> <!--> Prior was +0.1% ADVERTISEMENT - CONTINUE READING BELOW...
Citigroup lowers China 2023 GDP forecast to 4.7% from 5.0%
I don't think the market is overly worried about 0.3 pp of Chinese growth.What it's worried about is that China isn't dead-set on hitting economic targets anymore and boosting growth. The central bank cut rates today but not as aggressively as assumed. The problem for...