US stocks are down in the pre-market with the Nasdaq lagging. S&P 500 futures are 0.1% lower while Nasdaq futures are down 0.4%.Intel is a drag with shares down 9.8% in the pre-market after poor 2024 guidance. T-Mobile is also down 3% after earninsg while American...
US dollar dips as the market focuses on falling core inflation
Today's PCE report had mixed implications for the Federal Reserve. The spending numbers were strong, suggesting that the consumer remains strong but core and headline inflation fell once again.The Fed has repeatedly pointed to core PCE and it tracked down to 2.9% y/y...
Weekly Market Recap (22-26 January)
The PBoC left the LPR rates unchanged as expected:3.45% for the one year.4.20% for the five year.PBoCThe US Leading Economic Index (LEI) fell by less than expected:LEI -0.1% vs. -0.3% expected and -0.5% prior.From the Conference Board: “The US LEI fell slightly in...
US December PCE core inflation 2.9% y/y vs 3.0% 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,...
December US PCE data coming up next but we have a hint on how it will go
US Nov core PCE y/yHappy Friday.The US PCE report at 8:30 am ET and pending home sales at 10 am are on the economic calendar today.The PCE report is the big one as it's the Fed's preferred measure of inflation and it also offers other indications on consumer health....
ForexLive European FX news wrap: Dollar eases as equities recover ahead of US PCE data
Headlines:Markets:CHF leads, NZD lags on the dayEuropean equities higher; S&P 500 futures flatUS 10-year yields down 0.8 bps to 4.124%Gold up 0.1% to $2,020.66WTI crude down 1.0% to $76.60Bitcoin up 3.8% to $41,408There wasn't much to work with on the session but...
USDCAD Technical Analysis – Playing the range
USDThe Fed left interest rates unchanged as expected at the last meeting with a shift in the statement that indicated the end of the tightening cycle. The US GDP beat expectations by a big margin.The latest US CPI slightly beat expectations but analysts expect the...
OPEC+ reportedly likely to wait several weeks before deciding on oil output policy
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,...
ECB’s Kazāks says confident about monetary policy but preaches patience for now
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,...
German economy will stagnate at best in the current quarter – Bundesbank
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 futures trim losses on the session, eyes US PCE price report
The dollar is trading more mixed now in European morning trade, with yields sitting lower and equities posting a decent recovery off earlier lows. Of note, US futures have pared some of the heavier losses with S&P 500 futures now down just 0.2%.S&P 500...
Earning Reports and Stock Performance 22-26th January 2024
Tesla Tesla stocks fell more than 12% after releasing their last quarterly earnings report for 2023. The stock is now trading at its lowest price since May 2023 and is 39% lower than 2023’s highs. The downward price movement has been triggered by the lower earnings...
[부업/수익 인증] 하루 10분 써서, 월330만원 돈버는 새로운 방법! (나이 학력 무관! 집에서도 0원으로 가능한 투잡) ft.라이프케어스
https://www.youtube.com/watch?v=W7_GwwtOP9o 그동안 다양한 직장인 부업과 투잡을 소개해 드렸는데요, 오늘은 하루 10분 사용해서, 월330만원 돈버는 새로운 부업 방법을 소개합니다. 이번에 만난 인터뷰이는 라이프케어스 님인데요, 라이프케어스 님은 처음에 여러가지 부업을 시도하다 실패한 뒤, 자괴감이 들었습니다. 마지막으로 시도해 본 방법을 통해 현재 월 300만원 이상의 돈을 꾸준히 벌고 있는데요, 이번에 나그네님들을 위해 자신이 실제로...
ECB’s Šimkus: I am confident that the data will not support a rate cut in March
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,...
ECB’s Vujčić: There was no dovish tilt on Thursday
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,...
Lower inflation and softer growth seen for this year and next – ECB survey
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,...
Eurozone December M3 money supply +0.1% vs -0.9% y/y 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,...
Market Recap: Stock Market into correction mode ahead of the weekend
Economic Indicators & Central Banks: German GfK consumer confidence unexpectedly declined. It has hit the lowest level since March 2023, despite the fact that inflation has slowed and the labor market is still looking robust – shows that business and income...
European equities mostly higher at the open 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,...
FX option expiries for 26 January 10am New York cut
There are a couple to take note of, as highlighted in bold.They are both for EUR/USD, seen at the 1.0800 and 1.0850 levels. The former alongside bids at the figure level could help to prevent a steeper drop in the session ahead. This comes as the dollar is keeping...