The US dollar rose on this and stock markets fell. There are any details in the report that cites two unnamed sources saying Trump told Republican lawmakers he plans to issue reciprocal tariffs as early as Friday (today). It's not clear who these are aimed at and the...
Fed’s Goolsbee: What’s happening in long-term rates is more the Treasury’s purview
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,...
NASDAQ index turns lower on the day after University of Michigan
US stocks have moved lower after the University of Michigan preliminary estimates for consumer sentiment came in weaker at 67.8 vs 71.1 estimate. The expectations, and current conditions both fell as well. The bigggest surprise was 1- year inflation expectations...
US February prelim UMich consumer sentiment 67.8 vs 71.1 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,...
New US Energy Secretary downplays the risk of tariffs on oil imports
US Energy Secretary Chris WrightUS Energy Secretary Chris Wright was recently confirmed and spoke with CNBC just now.He was asked about oil coming in from Canada.Wright: Obviously the Canadian energy system is integrated with the US system. I don't think we're going...
Tech sector shines while Amazon faces pressure: A look at today’s market movements
Stock heatmap by FinViz.com Fri, 07 Feb 2025 14:46:08 GMTSector OverviewThe US stock market today paints a mixed picture with technology stocks like Microsoft (MSFT) up by 0.14% and a surge in semiconductors as Nvidia (NVDA) climbs 0.42% and Broadcom (AVGO) shoots up...
The FX market is disagreeing with the fixed income market today
The US dollar is steadily bleeding lower in the aftermath of the non-farm payrolls report. The data was mixed with a softer headline but lower unemployment. Wages rose but it was due to benchmark revisions and fewer hours worked, suggesting a one-off effect.The bond...
Trump will meet with Japan PM Ishiba today. What to watch for
Japanese Prime Minister Shigeru Ishiba is in Washington today to meet with US President Trump. The countries had good relations under Trump 1.0 as Abe forged a strong relationship. This time around ,there is no strong indication that Japan is under consideration for...
US stocks are marginally higher after the US jobs report
US stocks are marginally higher as implied by the futures in premarket trading. The small gains are not being hurt by higher yields, but being helped by the prospects of a solid economy. Inflation concerns are there, but not a worry just yet:Dow industrial average of...
US equity futures are flat ahead of the open
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,...
Freedom Holding Corp. Reports Strong Revenue Growth in Q3 2025 Fiscal Year
Freedom Holding Corp. (NASDAQ: FRHC), a U.S.- based financial services company, has announced its financial results for the quarter ended December 31, 2024. The holding company reported a 57% increase in total revenue, with revenues reaching $655.2 million compared to...
The USD has whipped around after the US jobs data
EURUSD:In the first minute of trading after the US jobs report, the EURUSD traded a range of 1.0362 up to 1.0411. Since then, the price moved to a low of 1.0348, and then bounced to a corrective high at 1.0376 and volatile trading. Of significance technically in that...
Fed’s Kashkari: The market may be taking the signal that the neutral rate is 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,...
Canada January employment change 76.0K vs 25.0K estimate
Prior month 90.9K (was expecting 25.0 K). Revised sharply higher to 179.1 KEmployment change 76.0K vs 25.0 K estimate. This is the 3rd consecutive monthly gain following increases in December (+91,000; +0.4%) and November (+44,000; +0.2%).Unemployment rate 6.6% versus...
US January non-farm payrolls +143K vs +170K 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,...
Locked and loaded for the January edition of non-farm payrolls: Signs of strength
It's been a week! I can't believe the Mexico/Canada tariff war was at the start of the week.In any case, the first week of February ends today with non-farm payrolls. The consensus is +170K in a decline from +256K in December but there are some indications of a...
Prepare for the US jobs report with a technical look at the EURUSD, USDJPY & GBPUSD
The U.S. jobs report will be released at 8:30 AM ET, with EUR/USD and GBP/USD trading between their 100- and 200-hour moving averages and near 50% retracement levels—technically a neutral stance. Markets await the report as a catalyst. A stronger-than-expected print...
BOE’s Pill: There is an ongoing disinflation process in the UK
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: Market bets on three rate cuts are not unreasonable
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,...
NVIDIA Swing Trade Plan: Short Strategy on NFP Friday.
Swing Trade Plan for NVDA on NFP FridayFading the Up Move – A Short-Term Short StrategyTrade Thesis for NVDA TodayNVIDIA (NVDA) has delivered its rebound after the noisy DeepSeek saga, and with Non-Farm Payrolls (NFP) hitting the markets today, we anticipate increased...