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...
Nvidia, a market darling, is down close to 2% and below its 200 hour moving average.
Shares of Nvidia are down around -1.9% at $854.71 (down $16.51). Shares are being marked lower after a UK analysts had some cautious comments on the chip maker saying "sentiment on semis are as optimistic as I can ever remember"Technically, the price is trading at its...
Reuters Poll: US 10 year yield to reach 4% in six months and 3.85% in one year.
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 NZDUSD and the AUDUSD are both trading higher for the day/week. What next technically?
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,...
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...
USDCHF moves back below MA support tilting the bias back to the downside
The USDCHF moved higher yesterday, and in the process moved about politics 100 and 200 hour moving averages.In trading today, the Asian session saw narrow trading, but the prices stayed above the moving average support near 0.9041. However, for gave way in the...
White House economic advisor Brainard sees steady progress on inflation in coming months
White House economic advisor Lael Brainard is on the wires saying that they see steady progress on inflation in the coming months.Tomorrow the US CPI data will be released with expectations of 0.3% for both the headline and the core measure. The yarn year is expected...
Kickstart the FX trading day for April 9 w/a technical look at the EURUSD, USDJPY & GBPUSD
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,...
There won’t be much help from the economic calendar today
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,...
[2024 새로운 부업] 5분 만에 자동 부수입 빠르게 만들기! (나이 학력 무관! 집에서 무료로 누구나 가능! 지금 당장 따라해보세요)
https://www.youtube.com/watch?v=Vbqq2n_KF2I 재택 부업을 비롯해, 그동안 다양한 돈버는 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 무료로 자동 부수입 파이프라인을 만들어 돈버는 새로운 방법을 소개하려고 합니다. 하루 5분이면 충분하고요! 나이 학력 무관한데다, 컴퓨터, 노트북 등만 있으면 주부, 학생들도 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 영상에 나온 가이드를 1번만 따라해 보면, 무척 간단해서 쉽게 하실...
Why Monex think the dollar will break higher
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,...
Scotiabank says fade the bad Canadian jobs report from Friday
The bank offers their views on why the numbers weren’t as bad as we thought:Self-employment drove the weakness (29k drop), which offset a 27k rise in private sector (15k) and public sector (12k) jobs.The soft headline was driven by youths’ (aged 15-24) falling 28k. As...
ING with their always useful ECB cheat sheet
Below is a very handy ECB cheat sheet from ING:ING ECB cheatsheet (April 2024)The bank thinks that EURUSD is expensive at current levels, but unless we get strong guidance for deeper cuts after June the impact might be more short-lived. I share their sentiment in this...
Italy cuts GDP forecast for 2024 to 1% vs 1.2% prior
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,...
Interesting options positioning in gold ahead of US CPI
It’s been very hard to reconcile the recent upside move in gold based on the fundamentals.XAUUSD (9 April 2024)I don’t think that rate cut expectations make sense for the move, as gold waited for markets to start pricing out Fed cuts before the move higher...
US NFIB Business Optimism 88.5 vs 89.4 prior
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,...
BoJ to consider raising inflation forecasts after results of recent wage negotiations
Bloomberg is out with a piece saying that the BoJ is considering raising their inflation forecasts after the solid results in the recent Japanese wage negotiations.Core CPI is seen revised higher with price growth forecasts to be close to 2%The report also noted that...
Metals forecasts by BofA
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,...
USDJPY getting uncomfortably close to 152 (again)
We are so close to 152 (again) on the USDJPY.With all the recent rhetoric and jawboning we need to keep a close eye on this one.There is no guarantee that they will intervene when we get there, but they would have some explaining to do if they allow it to weaken past...
FMAS:24 – How to Prosper as an Affiliate in the Forex and Crypto Markets
The Finance Magnates Africa Summit 2024 (FMAS:24) offers a prime opportunity for affiliates aiming to establish themselves in the dynamic worlds of Forex and cryptocurrency. Given the potential for substantial gains in these markets, affiliates must equip themselves...