Dollar edges up from 2-1/2 month low after Fed minutes By Reuters

[ad_1] © Reuters. FILE PHOTO: A bank employee counts U.S. dollar notes at a Kasikornbank in Bangkok, Thailand, January 26, 2023. REUTERS/Athit Perawongmetha By Samuel Indyk and Brigid Riley LONDON (Reuters) -The dollar rebounded from a 2-1/2 month low on Wednesday as the minutes from the Federal Reserve’s last meeting hinted that interest rates would

PIMCO says bullish longer term bonds (12 month horizon), cites peaking inflation

[ad_1] PIMCO said it was bullish on the performance of long-term bonds: continue to favour long-term bonds over the next year, as they provide high yields not seen for over a decade while offering a cushion against economic uncertainty and expectations inflation has peaked More: U.S. economic growth is expected to slow the remainder of

European equity close: A look at the day, week, month and quarter

[ad_1] The month ended with some equity buying in Europe but it wasn’t a pretty picture for the week or September (aside from the UK). I do love when a month ends on a Friday though, so it’s a clean slate for October. On the day: Stoxx 600 +0.5% German DAX +0.5% France CAC +0.4%

S&P and Nasdaq have their worst month in 2023. Indices lower for the 3Q too.

[ad_1] The major indices are closing mixed today with the Dow Industrial Average average fearing the worst. The NASDAQ index eked out a small gain for the day. The S&P was lower. A snapshot of the closing levels shows: Dow industrial average fell -157.50 points or -0.47% at 33508.86 S&P index -11.46 points or -0.27%

​​​Nikkei 225, FTSE 100 and S&P 500 Try to Recover Into Month End​​​

[ad_1] Written by Axel Rudolph, Senior Market Analyst at IG Recommended by IG Get Your Free Equities Forecast Nikkei 225 stabilizes as September draws to an end ​ ​The Nikkei 225 stabilizes into month-end despite Japan consumer morale falling to a six-month low as better-than-expected preliminary industrial production and a positive close on Wall Street

British Pound Set for Worst Month Since August 2022 as Upside Exposure Builds

[ad_1] British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound set for worst month since August 2022? Retail traders’ bullish exposure relentlessly building Will the exchange rate bounce off near-term support? Recommended by Daniel Dubrovsky How to Trade GBP/USD At over -4 percent, the British Pound is on course for the

VIX Back at Year-to-Date Low, Nikkei 225 Hits Two Month High

[ad_1] Market Recap Recommended by Jun Rong Yeap How to Trade FX with Your Stock Trading Strategy A significantly stronger-than-expected US August retail sales (0.6% month-on-month versus 0.2% forecast), along with firm expectations for a rate hold from the Fed next week, fed into some soft landing hopes overnight. Major US indices registered a new

Worst Day in Over a Month and Retail Traders are Less Bearish

[ad_1] Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices fell the most in over one month Retail traders turned less bearish on Monday Does this bode ill for XAU/USD next? Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices fell almost 0.7 percent on Monday marking the worst 24-hour period