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,...
Uh-oh. Goldman Sachs says the “equity options market is pricing almost no panic”
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,...
Australian consumer confidence comes in at 82.6 vs previous week’s 84.8
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,...
EU proposes new trade restrictions on some Chinese firms for aiding Russia’s war
The European Union is considering implementing trade barriers against roughly 24 companies. This includes three from China. The curbs would be levied for alleged assistance in Russia's military actions in Ukraine. Should these measures be accepted, it would mark the...
Asian market holidays today update – who’s in and who’s out
Its going to be patchy the whole week in the Asia timezone. As a reminder, Chinese markets will be closed all week for the Lunar New Year holiday. For today, Tuesday, 13 February 2024:Hong Kong markets are closed. Coming back from a long weekend Monday holiday today...
RBA Kohler: Australian inflation is coming down but its still too high
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: A winding path to nowhere
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,...
More on UBS call for a higher ‘Goldilocks market’ S&P 500 – on track to 5300
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 stocks close mixed as the market pivots… a little
The major US stock indices are closing with mixed results. There was a rotation out of the NASDAQ and S&P indices, into the Dow industrial average and the small-cap Russell 2000. That rotation came after the S&P tried to get a new intraday high, and the NASDAQ...
Economic calendar in Asia 13 February 2024 – RBA speaker
Kicking off the session is a speaker from the RBA at 8.55 am Sydney time (which is 2155 GMT and 1655 US Eastern time on Monday, 12 February).A little later will be further inflation information from the Reserve Bank of New Zealand. The RBNZ is clearly worried about...
Trade ideas thread – Tuesday, 13 February, 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,...
The US natural gas market is on its knees
It might be time for US natural gas producers to turn off the pumps.Henry Hub is trading at $1.74 for March delivery, which is the lowest sine the early months of the pandemic. Excluding covid, you have to go back to 2016 when it only briefly traded below these...
Preview: What’s expected for Tuesday’s US CPI report?
The highlight of the economic calendar comes early this week with US CPI due on Thursday at 8:30 am ET. It's a straightforward economic indicator but also presents something of a philosophical problem for the FOMC.The headline numbers are expected to show some nice...
Crude oil futures settle at $76.92
The price of WTI crude oil had an up-and-down session with the price settling at $76.92, up eight cents or 0.10%. The high price reached $77.09. The low price was at $75.54.Crude oilLooking at the daily chart, the 200-day moving average is a $77.36 (green line on the...
NZDUSD corrects some of the rise from Friday, but bouncing into the close.
The NZDUSD moved higher on Friday on the back of a report from ANZ that they now saw 2 additional findings in 2024 (to 6%). That price the market and pushed the NZDUSD to a swing area between 0.61487 and 0.6159. The price rise stalled and rotated back to the downside....
US January federal budget deficit $22.0B vs $21.0B 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,...
US stocks give some back as the chipmakers sag
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,...
BOE’s Bailey: UK banks have come through turbulence of the last 4 years in sound health
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,...
USDCHF failing after a break to new highs? Looking out for the possibility.
The USDCHF made a break above the ceiling from last week at 0.8761 today, but the move to the upside could only get about 11 pips to 0.8772 before stalling. The price has since moved back below the old ceiling at 0.87611. Will buyers turn to sellers?In the short term,...
Bitcoin surges above $50,000, setting new high going back to December 2021
The price of bitcoin has moved above the $50,000 level for the first time since December 2021. The high price reached $50,204 so far.Looking at the daily chart, the price is also about the 61.8% retracement of the move down from its all-time high. That level comes in...