It's been awhile since there was a genuinely bad day for US equities but today is heading in that direction. There is talk of heavy selling on rebalancing flows into quarter end. That same thing could be putting a bid into bonds today.You also have investors worried...
AUDUSD cracks lower. Below 200 hour MA after sharp fall today
AUDUSD trends lowerOn Friday, I wrote about the overbought condition of the AUDUSD ("AUDUSD shows a crack in the bullish move...maybe"). On that day, the price fell below the top side channel trendline (that trendline was broken to the upside on Thursday of last...
BOE’s Hall: Moves in UK yields have tested resilience of liability-driven investment funds
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,...
Gold falls $16 in quick round of selling
Gold skidded lower early in New York trade on the combination of large US dollar bids and technical pressure. It's down $16 to $1934.There's support down to last week's low of $1924 but selling picked up after the break of the 100-day moving average at $1942.On the...
US stocks are mostly lower. NASDAQ near unchanged
Major stock indices are trading mixed in early US trading. Dow Industrial Average is a leading the way to the downside. The NASDAQ is trading above and below unchanged. The S&P is lower.A snapshot of the market 9 minutes into the open is showing:Dow Industrial...
USDJPY rotates lower after testing November 2022 swing high
The USDJPY story is about 2 charts. The daily chart defined the topside where sellers showed up. The hourly chart is defining short term support. Looking at the daily chart, it stalled the rise when resistance against the November 21 high at 142.246 was reached. The...
US air passenger data hits the highest since 2019
Air travel is certainly back as consumers return to the skies after years of covid-related curbs. The TSA reports that on Friday it screened 2.785m people, which is the highest number of passengers in a single day since 2019. Couple that with today's surprise 21.7%...
EURUSD tries to hold key swing area support near 1.0900
The EURUSD is trading in a very narrow trading range of 37 pips today. The low for the day is holding above a swing area on the downside between 1.0895 and 1.0908. Stay above that level keeps the buyers firmly in control. Moved below and there could be rotation back...
The market wants more from China: Australian dollar losses extend beyond 1%
The rally in the Australian dollar has been front-running China stimulus for two weeks so it's not a big surprise to see a 'sell the fact' trade today, especially with worries about quarter-end selling in global equities also creeping in.China delivered cuts to the...
Philadelphia Fed nonmanufacturing business activity index -16.6 versus -16.0 in May
Philadelphia Fed nonmanufacturing activity indexPrior month -16.0Firm level business activity index -7.5 in June versus -9.5 in MayNew orders index -16.2 versus a 2.7 in MayFull-time employment index -14.3 versus 14.9 in May. Big shift in the employment component....
US May housing starts 1.631m vs 1.400m expected
Prior was 1.401mStarts change +21.7% vs +2.2% priorBuilding permits 1.491m vs 1.420m expectedPrior building permits 1.417mPermits up 5.2%The housing market is turning into a source of economic strength, which isn't what you would expect with the Fed Funds rate at the...
US housing starts kick off the shortened week
Welcome to the holiday-shortened US trading week. Moderate risk aversion is the theme so far with yields 2-3 bps lower across the curve, Spoos 12 points lower and the yen leading the way. The market wants more from China in the way of stimulus, especially on the...
The JPY is the strongest and the AUD is the weakest as the North American session begins
The strongest to the weakest of the major currenciesThe JPY is the strongest and the AUD is the weakest as the NA session begins. The RBA announced meeting minutes and the traders marked the AUD lower. According to the minutes, the Reserve Bank of Australia (RBA)...
6월 27일부터 신청 시작! 중위소득 150%까지 무료로 집안일 해드립니다! 보건복지부 시범사업, 서울 등 일부 지역 해당
https://www.youtube.com/watch?v=1GM77TKLTEs 일상생활 속에서 집안일은 필수적이지만, 정부에서 집안일까지 복지 제도를 만들어서 지원하지는 않았습니다. 하지만 보건복지부에서 가사지원서비스 시범사업을 시작했는데요. 신청 자격에 소득 기준이 없거나 기준중위소득 150%까지라서 2인 가구 기준 약 518만원, (5,185,000원) 3인 가구 기준 약 660만원 (6,653,000원) 정도의 중산층까지 무료 또는 적은 자부담금으로 가사 지원 서비스를...
ForexLive European FX news wrap: Dollar mixed, risk rotation in play?
Headlines:Markets:JPY leads, AUD lags on the dayEuropean equities mostly lower; S&P 500 futures down 0.4%US 10-year yields down 0.4 bps to 3.765%Gold flat at $1,950.43WTI crude flat at $71.75Bitcoin up 0.3% to $26,795It looks like European traders are waiting on...
ECB’s Vujčić: Core inflation pressures remain in the euro area
Sometimes a soft landing is not possibleHave to consider risks of doing too much versus doing too littleBy his words, they are taking the view that it is more important to counter inflation pressures than to provide a cushion for the economy. That speaks to added...
[수익 인증] (99.9%가 모르는) 신기한 부업! 하루 30분 써서 월240만원 돈버는 새로운 방법! (나이 학력 무관! 누구나 어디서든 가능) ft.김부길
https://www.youtube.com/watch?v=6xPAXLvPN94 그동안 다양한 직장인 부업을 소개해 드렸는데요, 오늘은 하루 30분 부업으로 월240만원 돈버는 새로운 방법을 소개합니다. 이번에 만난 인터뷰이는 김부길 님인데요, 김부길 님은 월급 만으로는 답이 없다고 느낀 후, 직장 퇴근 후 다양한 부업을 하고 있는데요, 현재 해당 부업만으로도 매달 240만원 이상의 수익을 얻고 있습니다. 이번에 나그네님들을 위해 자신이 실제로 하고있는 부업 방법을 자세히...
Eurozone April construction output -0.4% vs -2.4% m/m 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,...
USDCAD Technical Analysis – Key Level in Focus
The Fed last week paused its tightening cycle leaving interest rates at 5.00-5.25%. The FOMC wants to see more economic data before deciding on another rate hike as they are trying to fine tune their policy to get to a sufficiently restrictive level to bring inflation...
Risk tones stay more cautious in European morning trade
There was a light bounce in equities in the first hour of European trading today but that has quickly faded as we see S&P 500 futures now fall to be down by 0.4% at the lows for the day:That is keeping the market mood more sluggish and cautious, with European...