Boeing machinists went on strike after rejecting a 25% pay raise.That is shuttered the going manufacturing plant Here are the main points from the Boeing CFO's statement Strike Impact: Strike will jeopardize recovery, impact production and deliveriesCash Conservation:...
That’s a wrap for the European stock markets.
That's a wrap for the European stock indices for the trading week, and then ended the day with gains, and the week with gains as well.For the trading day: German DAX +0.92% France's CAC, +0.41%.UK's FTSE 100 +0.39%Spain's Ibex, +1.23%Italy's FTSE MIB +0.34%For the...
Paulson on CNBC: He favors a 50 basis point cut by the Fed
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,...
USDCAD a little higher on the week but gives up gains. What’s ahead for the pair?
The USDCAD closed the week at 1.3558. The current price is a little higher at 1.3580. The high price for the week reached 1.3622 on Wednesday. That move took the price above a swing area with the high at 1.36188, but quickly reversed lower. The high price stalled...
AUDUSD steps higher with ups and downs (to technical support) providing the roadmap
The AUDUSD is higher for the week after dipping lower earlier in the week where the 200 day moving average stalled the fall. The subsequent move to the upside was able to extend above resistance rotated back down toward support and extend above resistance and and step...
University of Michigan preliminary sentiment for September 69.0 versus 68.5 estimate
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 moves lower w/ yields. Price moves below cluster of MAs between 0.8478 to 0.8491
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,...
Tech stocks rally, healthcare remains steady amid mixed market signals
Stock heatmap by FinViz.com Fri, 13 Sep 2024 13:46:13 GMT📈 Technology Sector: A day of gainsThe technology sector is experiencing notable gains today, buoyed by positive investor sentiment. Oracle (ORCL) leads the charge with an impressive rise of 7.24%, signaling...
A 50 basis point cut is now 50-50 for the Fed decision next week
The chance for a 50 basis point cut next week by the Fed is now up to 50-50 in volatile trading this morning. At this time yesterday the chance of a 50 basis point cut was only about 20 – 25%. Then comments from Wall Street Journal's Nick Timiraos where he talked...
US stocks are trading higher and looking to extend win-streaks for the broader indices
The major US stock indices are opening with modest changes. Coming into the day the S&P and NASDAQ indices are working on a four day winning streak trying to extend that to five for five this week. It is Friday the 13th. Can the markets rise above that jinx?A...
Major US stock indices are trading mixed ahead of the open
Both the S&P index in the NASDAQ index have been higher on each of the trading days this week. That comes after the NASDAQ index fell by -5.77% last week, and the S&P index fell by -4.25% as well. This week with a 1-day to go: S&P index is up 3.46%NASDAQ...
Kickstart the FX trading day for Sept 13 w/a technical look at the EURUSD, USDJPY & GBPUSD
In the kickstart video, for September 13, 2024, I take a look at three other major currency pairs - the EURUSD, USJDPY and GBPUSD. For the EURUSD, it moved to a swing area between 1.10976 and 1.11042 and found willing sellers. That area will be a key resistance level...
Canada capacity utilization Q2 79.1% vs 78.6% last quarter
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 July wholesale sales +0.4% versus -1.1% 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 August import prices -0.3% versus -0.2% estimate. Export prices -0.7% vs -0.1% estimate
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,...
University of Michigan consumer sentiment Preliminary. Import-export prices in the US
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,...
China August M2 money supply +6.3% vs +6.2% y/y 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 European FX news wrap: Yen firms as yields stay heavy
Headlines:Markes:JPY leads, AUD lags on the dayEuropean equities higher; S&P 500 futures up 0.2%US 10-year yields down 3.4 bps to 3.645%Gold up 0.4% to $2,567.88WTI crude up 1.1% to $69.75Bitcoin up 0.1% to $58,225There weren't any major headlines on the session...
ECB’s Holzmann: There could be room for another rate cut in December
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,...
Crude Oil Technical Analysis – The price bounces near the bottom of the 2-year range
Fundamental OverviewCrude oil is finally finding some footing this week as the dip-buyers might be looking forward to the Fed’s easing cycle. As a reminder, the positioning in crude oil is at a record 13 years low and the sentiment is very bearish. These factors can...