Weekly Market Outlook (05-09 August)
UPCOMING EVENTS: Monday: China Caixin Services PMI, Eurozone PPI, US ISM Services PMI, Fed’s SLOOS. Tuesday: Japan Average Cash Earnings, RBA Policy Decision, Swiss Unemployment Rate and Retail Sales, Eurozone…
UPCOMING EVENTS: Monday: China Caixin Services PMI, Eurozone PPI, US ISM Services PMI, Fed’s SLOOS. Tuesday: Japan Average Cash Earnings, RBA Policy Decision, Swiss Unemployment Rate and Retail Sales, Eurozone…
In this video, I take a technical look at the major currency pairs vs the USD. As a bonus, I also take a look at the 2 major stock indices…
If we stay restrictive for too long, we have to think about the employment mandate If unemployment is going to go up higher than 4.1%, that’s the kind of thing…
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…
The NASDAQ index has surged to the upside today ahead of the FOMC rate decision. However there has been a slowing of the run higher near the 50 day moving…
The EURUSD has fallen below the 200-day MA at 1.08173, and preceded to extend lower on the technical break. However, once the price reached the 200 bar MA on the…
Closing changes: Stoxx 600 -0.2% German DAX -0.5% UK FTSE 100 +0.1% French CAC -0.9% Italy MIB -0.5% Spain IBEX -0.4% European stocks opened at the best levels of the…
Wall Street Journal Fedwatcher Nick Timiraos is out with his latest Fed preview and it doesn’t include any kind of leak about a potential cut. Instead, he highlights that the…
UPCOMING EVENTS: Monday: US Treasury Refunding Financing Estimates. Tuesday: Japan Unemployment Rate, Eurozone Flash Q2 GDP, US Job Openings, US Consumer Confidence. Wednesday: Japan Industrial Production and Retail Sales, Australia…
ECBs Schnabel is speaking and she says: services inflation is showing that the last mile inflation fight is especially difficult Some data was not quite in line with projections. The…