Friday's have been rough so far this year. I suspect that's because of the risks around some kind of tumultuous Trump announcement on the weekend. So far, today is looking a bit better with S&P 500 futures up 9 points.That said, yesterday futures were up 30 points...
US advance wholesale inventories +0.7% vs -0.5% exp
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 advance goods trade balance for January -$153.26 billion versus -$122.0B last month
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 GDP for Q4 annualized 2.6% versus 1.8% 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,...
US January PCE core +2.6% vs +2.6% expected
US PCE y/yCore PCE (excluding food & energy):&]:mt-2 list-disc space-y-2 pl-8" depth="0" data-v-7f05d5e4>Prior was +2.8%Core m/m +0.3% vs +0.3% exp Unrounded core PCE +0.285% vs +0.156% m/m prior (unrounded exp +0.27%)PCE excluding food, energy...
US PCE and Canadian GDP are due at the bottom of the hour
AI imageThe market has been steadily pricing in more Fed cuts this year on creeping economic weakness but it's unclear if the Fed will have the ability to cut rates given stubborn inflation (pricing is currently at 61.5 bps for this year).Today's PCE report will offer...
Kickstart the FX day for Feb 28 with a technical look at the EURUSD, USDJPY and GBPUSD
As the US session begins and traders await the US PCE data at 8:30 AM ET (0.3% expected for the headline and the core PCE), the EURUSD and the GBPUSD have seen down and up price action. The USDJPY is stretching higher. US stocks are higher. Yields are lower. Of note,...
Germany February preliminary CPI +2.3% vs +2.3% 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,...
Trump Zelensky Meeting: How Should Investors Prepare?
Trump wants a quick deal. Europeans don't want it too quick.The upcoming weekend meeting between Donald Trump and Volodymyr Zelensky is not just a diplomatic event—it carries major implications for capital markets, particularly in defense stocks, energy, commodities,...
ForexLive European FX news wrap: Dollar remains steady going into February home straight
Headlines:Markets:CAD leads, NZD lags on the dayEuropean equities lower; S&P 500 futures up 0.2%US 10-year yields down 2.7 bps to 4.259%Gold down 0.4% to $2,864.20WTI crude down 1.2% to $69.48Bitcoin down 4.8% to $80,258There were not much major moves on the...
US futures hold up but we’ve seen this story before
S&P 500 futures +0.4%Nasdaq futures +0.4%Dow futures +0.3%Trump's tariffs threat ruined the script in trading yesterday but there was already a sense it wouldn't take much to tear it apart anyway. US stocks have almost declined in every day this week, following...
Bitcoin may find its dip only after another apx 25% drop. Here is the plan to buy (if so)
buyTheDip Plan on Bitcoin (via Bitcoin Futures)Long Position PlanThis plan outlines a three-layered buy strategy for Bitcoin futures, ensuring proper risk management and a high reward-to-risk ratio.Long Buy Order #PriceNumber of Units to BuyCost% of Position...
Nasdaq Technical Analysis – We only had a pile of negative news this week
Fundamental OverviewThe Nasdaq extended the selloff yesterday following fresh Trump’s tariffs threats and especially additional 10% tariffs on China. The market has been under pressure ever since last Friday when we got the weak US Flash Services PMI and later the...
Italy February preliminary CPI +1.7% vs +1.7% y/y expected
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Is NVDA Stock a Buy?
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The technicals are growing more alarming for Bitcoin this week
Bitcoin (BTC/USD) daily chartThe latest fall today now sees price fall by over 27% from the highs at the start of the year. We've pretty much halved the advance since the start of October and the Fib retracement above reinforces the pullback momentum. We're now...
S&P 500 Technical Analysis – Trump adds fuel to the fire
Fundamental OverviewThe S&P 500 extended the selloff yesterday following fresh Trump’s tariffs threats and especially additional 10% tariffs on China. The market has been under pressure ever since last Friday when we got the weak US Flash Services PMI and later...
Bavaria February CPI +2.4% vs +2.5% 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,...
Germany February unemployment change 5k vs 15k 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,...
Gold Technical Analysis – We broke below some key levels. What’s next?
Fundamental OverviewGold continues to correct lower amid the selloff in the US stock market as it tightens financial conditions when it’s this aggressive. The problem here is that we got weaker economic data with increasing inflation expectations. The market might be...