Prior was +4.8%Index 70.2 vs 74.3 prior (lowest ever)The index shows how far pending home sales have fallen. There was a big jump last month but it's right back into the doldrums now and below the pandemic lows.pending home salesAccording to NAR Chief Economist...
Tech giants thrive amidst market turbulence: A snapshot of today’s stock movements
Stock heatmap by FinViz.com Thu, 29 Aug 2024 13:46:10 GMTOverview of Market Movements and Sector PerformancesToday's stock market presents a dynamic landscape with significant movements across various sectors. Focused analysis of the market heatmap provides an...
Iraq plans to cut oil output to 3.85-3.9 million barrels per day in Sept – report
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US stock futures higher despite a 3% decline in Nvidia shares
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Upward Revision to Q2 GDP Aids the US Dollar’s Feeble Recovery
US GDP, US Dollar News and AnalysisUS Q2 GDP edges higher, Q3 forecasts reveal potential vulnerabilitiesQ3 growth likely to be more modest according to the Atlanta FedUS Dollar Index attempts a recovery after a 5% drop Recommended by Richard Snow Get Your Free USD...
US dollar climbs on better GDP numbers and in-line jobless claims
USD/JPY 1 hourThe US dollar is higher across the board following a better-than-expected reading on GDP and in-line initial jobless claims numbers. The growth figures highlight an economy that's just fine. In particular, the consumer spending number was +2.9% compared...
HFM Boosts Learning Opportunities with Interactive Seminars and Webinars
HFM, a global online trading company and brand name of HF Markets Group along with HF Markets, continues to support traders worldwide by expanding its educational offerings. Through in-person seminars in key cities and online webinar series, HFM aims to deliver the...
US preliminary wholesale inventories for July 0.3% versus 0.2% estimate
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Canada Q2 current account -8.48 billion vs -5.85 billion
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US July advance goods trade balance -102.66 billion vs -96.56 billion prior
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US Q2 GDP second estimate +3.0% vs +2.8% expected
Advance Q2 reading was +2.8% annualizedFinal Q1 reading was +1.4% annualizedDetails:Consumer spending +2.9% vs +2.0% advance Consumer spending on durables +4.9%GDP final sales 2.2% vs +2.0% advanceGDP deflator +2.5% vs +2.3% advanceCore PCE +2.8% vs +2.9% advance...
US initial jobless claims 231K vs 232K expected
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Forexlive European FX news wrap 29 Aug – Euro moves lower on soft German inflation figures
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The AUD and NZD continues to lead the majors on the upside
The NZD and AUD continues to be the best performers so far today.For the NZD the upside was sparked by the solid jump in the ANZ Business Outlook which printed at the highest since 2014. For the AUD the strength looks more driven by overall risk sentiment with the...
US sees limited scope for nuclear talks with China
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Is now the right time to invest in cybersecurity, or is it too late?
Every day, it feels like we are sinking deeper into an Orwellian dystopia. Even progressive democracies are starting to impose more and more restrictions, especially on what can be said or written.Ten years ago, the news that someone would be jailed for a comment...
Russell 2000 Technical Analysis – Small caps stocks continue to outperform
Fundamental OverviewThis week has been pretty boring all around as the lack of catalysts kept the price action confined in a tight range. The market is waiting for the key economic releases next week as we will get the ISM PMIs and lots of US labour market data...
Equity futures putting in a solid run so far today
Equity futures have continued to grind higher throughout the session, with the NQ and ES both up around half a percent, despite the push lower last night after Nvidia earnings.The best performers so far has been the Hang Seng, EU50 and Nikkei who are all up over 1% on...
Nasdaq Technical Analysis – Just a healthy pullback or more downside ahead?
Fundamental OverviewThis week has been pretty boring all around as the lack of catalysts kept the price action confined in a tight range. The market is waiting for the key economic releases next week as we will get the ISM PMIs and lots of US labour market data...
Eurozone economic sentiment 96.6 vs 95.8 expected
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