SPX dailyThere is a bit of a 'sell everything' mode underway and the S&P 500 is down more than 1% now and has broken last week's low. The bond market isn't helping as UK gilt yields are now up 15 bps in what could be a preview of what's to come for Treasuries if...
Tony Vejseli, Figure Markets and GXD Labs Address Recent Developments
Tony Vejseli, Figure Markets Holdings Inc., and GXD Labs, LLC (collectively “the Group”) today issued a statement to address recent developments following a meeting held on October 28 at White & Case’s Midtown Manhattan offices, where the Group met with the board...
Tech downturn: Microsoft plummets as financials gain
Stock heatmap by FinViz.com Thu, 31 Oct 2024 13:46:10 GMT🌐 Tech Sector Takes a HitThe tech sector is seeing significant declines today, primarily driven by a notable drop in Microsoft (MSFT), which has fallen by 4.69%. Other tech giants such as Oracle (ORCL) and Adobe...
UK gilt yields rise to the highest since 2023
Gilt yieldsMemories of the downfall of Liz Truss are being resurrected as the UK bond market recoils after Labour's first budget in 15 years.UK 10-year gilt yields are up 12 bps to 4.47%, which is the highest since November 2023. It was a spike earlier in 2023 to...
US stock futures point to a spooky open
Happy Halloween.Unless you're long stocks, particularly tech stocks that reported yesterday. Shares of Meta are down 1.5% and Microsoft nearly 4% after reporting late yesterday.The market is also rattled by Super Micro, which is down another 5% yesterday after its...
Kickstart the FX trading day for Oct 31 w/a technical look at the EURUSD, USDJPY & GBPUSD
Kickstart your trading day for October 31 with a technical look at the EURUSD, USDJPY and GBPUSD. What levels are in play and why. All is explained in the above video. EURUSD: The EURUSD has been confined between 1.07609 and 1.08725 over the last few weeks. As the US...
Canada August GDP 0.0vs 0.0% expected
Prior was +0.2%Advance Sept GDP +0.3% m/mAugust GDP unchanged (0.0%) vs +0.1% in JulyManufacturing sector drops 1.2%, biggest drag on growthRail transportation tumbles 7.7% due to lockouts at major carriersFinance sector up 0.5% on market volatility and trading...
US September PCE core inflation +0.3% vs +0.3% 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 initial jobless claims 216K vs 230K estimate
Prior week initial claims 227K revised to 228KInitial jobless claims 216K vs 230K estimate4-week MA of initial jobless claims 236.50 versus 238.75K last weekPrior week continuing claims 1.897M revise to 1.888MContinuing claims 1.862M vs 1.885M estimate4-week MA of...
US, Employment cost for Q3 0.8% versus 0.9% 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,...
(99.99%가 모르는) 새 블루오션 자동부업! ’먼저’ 선점할수록 유리해요! 지금 바로 따라해보세요! (0원으로 매달 입금되는 자동 부수입 만들기)
https://www.youtube.com/watch?v=JZULXam_jzw 재택 부업을 비롯해, 그동안 다양한 돈버는 직장인 부업과 투잡을 소개해드렸는데요, 오늘은 시간될 때 5분씩 잠깐만 실행해도, 매달 돈이 들어오는 새로운 자동 부업 방법을 소개하려고 합니다 언제 어디서든 실행 가능하고, 학력 경력 무관 한데다, 직장인, 주부, 자영업자, 학생 등 누구나 쉽게 도전해볼 수 있는 부업인데요, 0원으로 시작할 수 있고, 영상에 나온 가이드를 한 번만 따라해 보면, 간단하게...
What technical levels are in play (and why) to start the US session on October 31
What are the key technical levels in play as the North American session begins? and why?EURUSD: The EURUSD moved up to test the 200 day MA and swing area up to 1.08725 yesterday and found willing sellers on the first look. The price backed off into the close and...
ForexLive European FX news wrap: Yen firms in aftermath of BOJ decision
Headlines:Markets:JPY leads, CAD lags on the dayEuropean equities lower; S&P 500 futures down 0.6%US 10-year yields up 1.6 bps to 4.280%Gold down 0.2% to $2,779.54WTI crude up 0.8% to $69.16Bitcoin down 0.9% to $72,214The BOJ was in focus today and while the...
How to Start Trading: A Beginner’s Guide by Octa Broker
The Asian financial markets are experiencing a substantial increase in interest from novice traders. In Southeast Asia, online trading has expanded rapidly, driven by growing internet access and an increasingly digital-savvy population. In Indonesia, active online...
US October Challenger layoffs 55.60k vs 72.82k 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,...
GBPUSD Technical Analysis – The US Dollar momentum looks exhausted
Fundamental OverviewThe strong bullish momentum in the US Dollar waned a bit in this final part of the week as we got a pullback in Treasury yields. In fact, the main culprit for the US Dollar strength lately has been the rally in long term Treasury yields. The yield...
What is the distribution of forecasts for the US PCE report?
Why it's important?The ranges of estimates are important in terms of market reaction because when the actual data deviates from the expectations, it creates a surprise effect. Another important input in market's reaction is the distribution of forecasts. In fact,...
Italy October preliminary CPI +0.9% vs +1.0% 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,...
Eurozone September unemployment rate 6.3% vs 6.4% 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,...
Eurozone October preliminary CPI +2.0% vs +1.9% 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,...