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Crude oil settles at $85.23

Crude oil settles at $85.23

The price of the WTI crude oil futures are settling at $85.23. That is down $1.20 or -1.39%. The high price for the day reached $86.94. The low price was at $85.11. The price is closing near the session lows. Looking at the hourly chart above, the price is approaching...

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USDCHF returns to 100/200 hour MAs

USDCHF returns to 100/200 hour MAs

USDCHF back testing the 100/200 hour MAsEarlier today, the dollar selling took the USDCHF to and through the 100/200 hour MAs which were near converged at the 0.9040 area. That shift back below the MAs, disappointed the buyers from yesterday, and shifted the bias back...

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US sells 3-year notes 4.548% vs 4.528% WI

US sells 3-year notes 4.548% vs 4.528% WI

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,...

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Intel announces a chip that beats Nvidia H100

Intel announces a chip that beats Nvidia H100

The earlier drop in Nvidia shares is looking curious after this news:Intel unveils chip called Gaudi 3, an AI accelerator chipOutperforms Nvidia's H100 chip (according to Intel at least)To be 'widely available' in Q3Intel just announced that it "Introduced the Intel...

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A wave of risk aversion upends markets

A wave of risk aversion upends markets

A wave of risk aversion has hit global equities in a seeming bolt of lightning out of the blue.There's no big macro catalyst for this move, which now has the S&P 500 down 39 points or 0.75%. Shares opened higher today and everything appeared to be calm with no...

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Major US stock indices trading higher led by the S&P index

Major US stock indices trading higher led by the S&P index

The major US stock indices are trading higher led by the S&P index. The NASDAQ index is trading near unchanged on a day. Yesterday all three major indices closed marginally higher/lower to start the trading week.A snapshot of the market six minutes into the open...

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