Via a note from Goldman Sachs on global equities, they see CTA systematic traders as net buyers for the next 2 weeks. GS says CTA traders are net long equities, around the 65th percentile, but nevertheless they will continue to be buyers "in every scenario" GS model....
Boosting China’s Economy: JP Morgan Outlines Key Policy Needs
JP Morgan analysts have outlined what's needed from China. The stimulus measures intended to be implemented, announced by the People's Bank of China and other authorities on Tuesday, are not enough. JPM say that while policy adjustments in China have been gradual and...
Caroline Ellison has been sentenced to two years in jail
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,...
Oil survey of inventory shows huge headline crude oil draw, much greater than 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,...
Forexlive Americas FX news wrap 24 Sep: Weaker data sends the USD lower.
The USD is ending the day as the weakest of the major currencies after weaker Consumer confidence and Richmond Fed survey data disappointed to the downside. The Conference Board confidence came in at 98.7 well off the 104.0 estimate. It was the biggest one month drop...
Another record close for the Dow and the S&P
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,...
Economic calendar in Asia Wednesday, September 25 – Australian CPI expected to decline
The inflation data from Australia due today is not the official, complete reading. But, it's a guide, and its expected to show a fall back into the Reserve Bank of Australia target band of 2 - 3%:Australia CPI preview - CBA expect "Headline inflation in August back...
Trade ideas thread – Wednesday, 25 September, insightful charts, technical analysis, ideas
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 Knot says further rate cuts coming through at last H1 of 2025
Klaas Knot is President of De Nederlandsche Bank (DNB) – the central bank of the Netherlands - and thus a European Central Bank (ECB) Governing Council member.He spoke with Dutch TV programme Nieuwsuur: "I would expect us to continue to gradually reduce interest rates...
The USD continues its move lower.
The USD is continuing its run to the downside with the greenback trading at new lows for the day vs ALL the major currencies. EURUSD: The EURUSD is trading to a new intraday high of 1.11661. That is just short of the high from yesterday at 1.11665. Move above and the...
Friday has PCE data in the US, but Thursday is full of Fedspeak
On Friday, the Fed's favored measure of inflation PCE will be released with expectations of:Core PCE, est 0.2% vs 0.2% last monthPCE headline, Est 0.1% vs 0.2% last monthCore PCE YoY, Est 2.7% vs 2.6% last montPCE headline, Est. 2.3% vs 2.5% last monthThat will be...
Is a new banking crisis looming in the United States?
While Silicon Valley Bank and Signature Bank's failures may seem like old news, concerns about deeper problems in the banking sector that could harm the overall economy and S&P 500 are still alive.Despite the growth in the sector's stocks following last week's...
More from Macklem: We would like to see growth pick up to above 2%
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,...
Trump: We will put a 100% tariff on every single car coming across Mexican border
AI imageThat's a pretty big comment from Trump. It would go directly against the new NAFTA deal -- or USMCA -- that he negotiated. In that deal, 75% of the value of a vehicle must come from North America, a certain percentage of employees need to earn at least...
OPEC extends oil demand outlook to 2050. Sees now peak demand on the horizon
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,...
US treasury sells $69 billion of 2 year notes at a high yield of 3.520%
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Bank of Canada Macklem.It is reasonable to expect further cuts in our policy rate
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,...
Axios: Hezbolllah has asked Iran to attack Isreal
Axios:Hezbollah has urged Iran to launch an attack on Isreal.Iran has so far refrained the overtures.Accordng to Axioa, two Israeli officials said Iranian officials told their Hezbollah counterparts that "the timing isn't right" for launching an attack against Israel...
AUDUSD buyers take the price of the pair to highest level since July 2024
The AUDUSD is moving higher today. The RBA kept rates unchanged:The Reserve Bank of Australia (RBA) was the latest central bank to announce its policy objective when it left its cash rate unchanged at 4.35% in September 2024, as expected. The central bank noted that...
Video: Market moves after the Fed: Yields, fades, and what’s 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,...