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,...
UBS expects a June 25bp FOMC rate cut (from May previously), 75bp total in 2024 (from 100)
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,...
Ratings agency S&P says FOMC will cut by 25bp in June, with 2 more to follow by year end
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,...
Australia preliminary PMI January: Manufacturing 47.7 (prior 50.1)
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 Zealand data: January Trade deficit much larger than December (big drop for exports)
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,...
Oil – private survey of inventory shows headline build much larger than was expected
This is from the privately surveyed oil stock data ahead of official government data, from the US Energy Information Administration, tomorrow morning out of the US. A huge headline build.From oilprice.com:--Expectations I had seen centred on:Headline crude +3.9 mn...
Nvidia (NVDA) earnings Q4 2023: REV. $22.1B (EST. $20.12B) EPS 5.16 (EST. 4.53)
Q4 2023 Nvidia (NVDA) earningsEPS a solid beat at $5.16 v $4.54eRevenue the same, beat $22.1B v $20.3Be Guides Q1 Rev $24.0B (plus or minus 2%) v $21.5Be More:Data Centre revenue 18.4bn (exp. 17.21bn)Gaming revenue +58% y/y to 2.9bn (exp. 2.72bn) Professional...
Forexlive Americas FX news wrap: Record tail in the 20-year auction
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,...
Economic calendar in Asia Thursday, 22 February 2024
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,...
Trade ideas thread – Thursday, 22 February, insightful charts, technical analysis, ideas
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 Dollar Trims Losses After Fed Minutes Caution Against Premature Rate Cuts
Will the U.S. dollar extend higher or begin to retreat? Request our Q1 USD trading forecast to find out! Recommended by Diego Colman Get Your Free USD Forecast Get My Guide Most Read: US Dollar Muted Ahead of Fed Minutes; Setups on EUR/USD, USD/JPY & USD/CADThe...
Nvidia shares fall 10% from the highs ahead of earnings
GPU-maker and generative artificial intelligence superstar Nvidia reports earnings after the close and -- needless to say -- there is plenty of speculation about what will happen to the stock.Through last week, shares of NVDA represented 30% of the total gain of the...
US dollar slips and then recovers after FOMC Minutes, stocks turn lower
I don't know if there's a macro-data trade that has a hit-rate as strong as fading the FOMC Minutes. They're stale by the time they're released and there is never a single coherent message, so people can read them any way they like.In any case, the US dollar sagged on...
WTI crude shakes off the early pressure to finish up 87-cents. Natural gas steals the show
WTI crude fell early but found its legs ahead of today's delayed private inventory report. WTI sagged to as low was $76.32 but found a footing and climbed more than $1.50 to settle at $77.87.WTI crude oil dailyThe big mover in the energy space is natural gas, with the...
FOMC Minutes: Most policymakers noted risk of easing too quickly
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,...
FOMC minutes coming up next. What to watch for
AI imageThe Minutes of the January 30-31 FOMC meeting are due at the top of the hour. In general, trading the FOMC Minutes is a walk through a minefield because the newswire headlines don't always match the text, or they don't capture the full flavor of what was said....
Fed’s Bowman: The time for lower rates is certainly not 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,...
US sells 20-year bonds at 4.595% vs 4.562% WI
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,...
Comments from the Fed’s Bowman coming up next
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 trades to toward session lows
The Nasdaq index is tracking toward the 38.2%/200H MA.The tech-heavy NASDAQ index is trading near session lows. Those laws came in at 15495.54. The current price is trading at 15504, down -127.30 points or -0.81%. Looking at the hourly chart, the price is approaching...