Stock heatmap by FinViz.com Mon, 21 Oct 2024 13:46:02 GMTTech and energy sectors lead gains as semiconductors stumbleToday’s US stock market displayed a mixed bag of performances, with notable strength emerging in technology and energy. Meanwhile, the semiconductor...
US stocks trading marginally lower to start the new trading week
The major US indices moved higher last week and in doing so extended the win streak to 6 consecutive weeks. That's the longest streak in 2024.To start the new trading week, stock are marginally lower with declines around -0.10% in the three major indices:Dow...
More from Logan: My business contacts are optimistic looking forward
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,...
Kickstart the FX trading day for Oct 21 w/ a technical look at the EURUSD, USDJPY & GBPUSD
As the new trading week begins, the USD buyers are exerting their control. EURUSD: The EURUSD sellers (USD buyers) are moving away from the 100 hour MA at 1.08623, the 200 day MA at 1.0871, the 61.8% of the move up from the end of June low at 1.08746. The current...
Let’s hope Goldman Sachs is wrong
S&P 500 futures are down 0.2% and we're on a six-week winning streak. In that time, the index has gained 8.45% despite the election uncertainty.If you read Friday's Goldman Sachs note, then that is as good as it will get for a long time."We estimate the S&P...
Rising bond yields erode the risk trade, but what’s driving it?
US 10 year yields dailyTreasury yields are creeping above the top of the recent range in an unsettling move today. That's weighed on stock futures, which are down 0.2%, and helped to lift USD/JPY by 40 pips.The question remains: How much of this is pricing out a...
Fed’s Logan: Expects gradual cuts if the economy meets forecasts
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,...
ForexLive European FX news wrap: Dollar holds firm, gold extends run in quiet trading
Headlines:Markets:CHF leads, AUD lags on the dayEuropean equities lower; S&P 500 futures down 0.4%US 10-year yields up 4.3 bps to 4.128%Gold up 0.6% to $2,736.00WTI crude up 2.3% to $70.81Bitcoin down 0.1% to $68,325It was a quiet session but there were some...
ECB’s Kažimír says all options are on the table for December meeting
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,...
Copper Technical Analysis – New easing measures from the PBoC trigger a rally
Fundamental OverviewLast Friday, the PBoC announced new easing measures which included further rate cuts and stock buyback funding. Moreover, we got some positive economic data with Retail Sales and Industrial Production beating expectations by a big margin. These...
Maximizing Trading Potential with HFM’s MT4, MT5 and HFM Platforms
HFM, unified brand name of HF Markets Group, a leading global online trading provider, is committed to empowering traders through access to the renowned MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, as well as the innovative HFM App. Together, these tools...
Limited-Edition $DOG Launches Plushies, Bridging Digital and Physical Collectibles
$DOG of Bitcoin announces the release of its limited-edition $DOG Plushie, which launched on October 19, 2024, an occasion now being called "$DOGTOBER 19." These collectible plush toys provide fans and newcomers with a tangible connection to the $DOG ecosystem,...
USDCHF Technical Analysis – The greenback remains supported on lack of catalysts
Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the...
Ape On Launches Innovative Token Locking for Secure Project Launches on Solana
Ape On, the most secure and efficient token launch platform, is reshaping decentralized finance (DeFi) on the Solana blockchain. With its unique token locking feature powered by Jupiter Lock, Ape On is designed to provide unmatched security and transparency, making it...
SNB total sight deposits w.e. 18 October CHF 462.3 bn vs CHF 467.1 bn prior
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,...
$KEROSO Hits Solana with A Seismic Shift Expected
Today marks the official launch of KERORO, a new meme coin built on the Solana blockchain, which has debuted with a market cap of $4.5 million. Positioned within the meme coin market, KERORO draws on Solana’s high-speed, low-cost transaction capabilities to establish...
USDJPY Technical Analysis – Lack of catalysts keeps the trend intact
Fundamental OverviewThe lack of catalysts recently kept the US Dollar supported across the board despite the slowdown in momentum. The market might now be looking forward to the first weeks of November when we will get the key economic data, the FOMC decision and the...
Market Outlook for the Week of 21st October – 25th October
The week starts quietly on Monday with no significant economic events scheduled for the FX market. On Tuesday, the U.S. will release the Richmond manufacturing index, offering some early insights into the country's industrial performance. Wednesday's focus will be on...
ECB’s Šimkus: Policy will clearly become less restrictive from here
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,...
ECB’s Šimkus says lower rates possible if disinflation gets entrenched
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,...