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,...
European equity close: DAX touches a record then gives it back
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,...
Fed’s Daly: Risks to our jobs and inflation mandate now more balanced
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,...
Fed’s Daly set to speak next
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,...
NY Fed survey: Credit delinquency expectations rise to highest since April 2020
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,...
BofA CEO sees ‘solid’ demand from clients
Bank of America CEO Brian Moynihan was on CNBC talking about his bank and the economy. He warned the external shocks could hit the US economy but said that overall demand from clients was 'solid'. He initially started to say 'strong' then corrected himself.He outlined...
US markets turn lower as NVDA shares fall 5%
Profit-taking is hitting the broader US equity market with the S&P 500 down 21 points or 0.3% following yesterday's record high. The signal to sell may have been triggered by Nvidia shares. The company failed to break the June record yesterday and is down more...
Where do global equity market valuations stand relative to history
I stumbled across this Goldman Sachs chart that highlights global equity valuations. Most of the world is in the middle of the range but US stocks are above the top of the 90th percentile. I'm glad they stripped out mega-cap tech as well because it highlights that...
Breakout? Bitcoin rises to the highest since July
Bitcoin daily chartBitcoin is showing fresh signs of life as it climbs $1600 to $67,500. That's the best since late-July and breaks a pair of highs in August and September, indicating some growing optimism about crypto and improving risk appetite (the S&P 500 is...
Tech stocks rise while energy sector declines: Insights into today’s market
Stock heatmap by FinViz.com Tue, 15 Oct 2024 13:46:11 GMTSector OverviewToday's stock market heatmap reveals a dynamic landscape with distinct sector performances. The technology sector is showing promising strength, driven by gains in software and infrastructure...
US stock futures flat ahead of the open
SPX dailyCan the bulls do it again?S&P 500 futures are up 4 points today despite the rout in China. There is some help from lower bond yields and the 4% decline in oil prices but overall resilience in equities has been remarkable. For the past week, we've seen a...
Bank of Canada: The case for a 50 basis point rate cut firms up after a drop in CPI
A surprise drop in Canadian inflation to just 1.6% y/y has reignited bets that the Bank of Canada will lower rates by 50 basis points later this month. Canadian September CPI was expected to fall to 1.8% from 2.0% but tumbled further below the central bank's...
September Empire Fed -11.9 vs +3.85 expected
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,...
Canada September CPI 1.6% vs 1.8% expected
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,...
The Canadian dollar is in shambles ahead of today’s CPI: Ten straight days of losses
The Canadian dollar has fallen for ten straight days ahead of today's CPI report. Yesterday was a holiday in Canada so Toronto is just filing in and we get some top-tier data with Canadian CPI (and the Empire Fed) due at the bottom of the hour.The inflation report...
China’s housing ministry, MOF and PBoC are to hold a briefing on Thursday
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: UK jobs data beats
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,...
NZDUSD Technical Analysis – The bearish momentum stalled
Fundamental OverviewThe bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and PPI reports. One caveat is that the market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line with...
USDCAD Technical Analysis – Focus on the Canadian CPI today
Fundamental OverviewThe bullish momentum in the US Dollar seems to be waning despite the recent higher-than-expected US CPI and PPI reports. One caveat is that the market has now priced out the aggressive rate cuts expectations and it’s almost perfectly in line with...
Equities keep more tentative so far in the new day
Here's a snapshot of things at the moment:S&P 500 futures flatNasdaq futures -0.1%Dow futures +0.2%Eurostoxx -0.4%Germany DAX +0.2%France CAC 40 -0.7%UK FTSE -0.4%In Europe, the overall mood is more mixed with only the DAX looking to push up. The German index...