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US Sept factory orders +2.8% vs +2.4% expected

US Sept factory orders +2.8% vs +2.4% 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,...

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US equities set for fourth consecutive day of gains

US equities set for fourth consecutive day of gains

The post-FOMC rally is set to continue in the US stock market today. S&P 500 futures are up 0.8% and Nasdaq futures up 1.25%.The bond market is driving the price action with US 10-year yields down 14.7 bps to 4.64% -- a long way from the 5% touched last week. The...

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FOMO is hitting the bond market

FOMO is hitting the bond market

It's headlines like this that are suddenly everywhere and they certainly capture the market mood today.US 10-year yields are down 15.5 bps to 4.636% today, which is certainly a long ways off from 5% just over a week ago.US 10 year yields dailyThe drop in Treasury...

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BOE’s Bailey: Inflation is still too high

BOE’s Bailey: Inflation is still too high

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,...

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US Q3 prelim unit labor costs -0.8% vs +0.7% expected

US Q3 prelim unit labor costs -0.8% vs +0.7% 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,...

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US weekly initial jobless claims 217K vs 210K expected

US weekly initial jobless claims 217K vs 210K 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,...

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Initial jobless claims are coming up next

Initial jobless claims are coming up next

US dollar weakness is continuing today as there is a FOMO move in bonds with yields down 2-12 bps across the curve.Up next is the weekly initial jobless claims report. Even a slightly higher reading than the 210K expected could add to the bid in bonds and risk assets....

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BOE leaves bank rate unchanged at 5.25% as expected

BOE leaves bank rate unchanged at 5.25% as expected

Prior 5.25%Bank rate vote 3-6 vs 3-6 expected (Greene, Haskel, Mann voted to raise by 25 bps)Policy likely needs to be restrictive for extended period of timeWill continue to monitor closely inflation persistence and resilience in the economy as a wholeFurther...

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US October Challenger layoffs 36.84k vs 47.46k prior

US October Challenger layoffs 36.84k vs 47.46k 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,...

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BOE not expected to rock the boat later today

BOE not expected to rock the boat later today

After a surprise pause in September here, the BOE has gotten away with making their job a little easier in communicating today's policy decision. The thinking previously was to get one more rate hike in as they could still get away with it. But now that ship has...

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Defying Logic in the Face of Optimistic GDP Data

Defying Logic in the Face of Optimistic GDP Data

Once again, the markets are acting against common sense. One would think that, with the highly optimistic GDP data recently released, investors would be alarmed by the threat of another interest rate hike, but this is not the case.The lack of concern is not because...

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Finance and Investing: Market Timer

Finance and Investing: Market Timer

Market Timer is a fascinating concept in the world of finance and investing. It refers to an investment strategy that involves making buy or sell decisions of financial assets by predicting future market price movements. This strategy is based on forecasting methods...

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Best Online Trading Platforms and Risk

Best Online Trading Platforms and Risk

One of the main advantages of online trading platforms is their accessibility. With an internet connection, anyone can trade from anywhere in the world, at any time. This has opened up the world of trading to a much larger audience, including those who may not have...

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Equities perk up in European morning trade

Equities perk up in European morning trade

S&P 500 futures are now up 24 points, or 0.6%, on the day as stocks are being bid up since European traders got to their desks this morning. European indices themselves are now up around 1.3% to 1.8% across the board and that is helping to underpin risk assets in...

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