All eyes on US retail sales data due Tuesday, 15 August 2023 – preview

Coming up at 8.30 am US Eastern time today, July retail sales data from the US: Preview comments from Bank of America, looking for a solid beat. Bolding is mine: We expect a robust retail sales report for July Over the last two trading days, BofA Global Research analysts have published 12 notes on July

Bearish Engulfing Confirmed, Retail Bets Start Shifting Balance

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices weakened over the past couple of days Retail traders are beginning to increase upside exposure Meanwhile, a Bearish Engulfing was confirmed, where to? Recommended by Daniel Dubrovsky Get Your Free Oil Forecast WTI crude oil prices have been aiming cautiously

Index declines at Monday open as market waits to view retail sales, earnings

Share: S&P 500 has given up 2.72% so far in August. The index is in an official short-term downtrend. Target, Walmart and Home Depot release quarterly earnings this week. US Census Bureau reports July US Retail Sales on Tuesday. S&P 500 opened Monday lower alongside other major indices. The S&P 500 traded off about 0.1%

Newsquawk week ahead: US and UK retail sales along with the RBNZ announcement

MON: N/A TUE: PBoC MLF, RBA Minutes, Japanese Prelim. GDP (Q2), Australian Wage Price Index (Q2), Chinese Industrial Output and Retail Sales (Jul), Japanese Industrial Output (Jul), UK Jobs Report (Jun/Jul), German ZEW Survey (Aug), US Retail Sales (Jul), Canadian CPI (Jul) WED: RBNZ Announcement, FOMC Minutes, UK Inflation (Jul), EZ GDP and Employment 2nd

Crude Oil on Course for a 7-Week Winning Streak as Retail Traders Remain Bearish

Crude Oil, WTI, Retail Trader Positioning, Technical Analysis – IGCS Commodities Update Crude oil prices on course for a 7th week of gains Retail traders are becoming increasingly bearish This offers a signal that WTI may continue higher Recommended by Daniel Dubrovsky Get Your Free Oil Forecast Crude oil prices have rallied nearly 24 percent

Euro Vulnerable as Retail Traders Boost EUR/USD Upside Exposure, Where to?

Euro, EUR/USD, Technical Analysis, Retail Trader Positioning – IGCS Update Euro remains in a short-term downtrend vs the US Dollar Retail traders keep building upside exposure in EUR/USD Bullish Morning Star follow-through is falling apart Recommended by Daniel Dubrovsky Get Your Free EUR Forecast The Euro remains about 2.7% under the July high in what

XAU/USD May Remain Pressured Amid Bullish Retail Traders

Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold prices continue aiming lower in recent weeks Retail traders are becoming increasingly bullish This continues to offer a bearish contrarian signal Recommended by Daniel Dubrovsky Get Your Free Gold Forecast Gold prices have been continuing to aim cautiously lower in recent weeks. In response, retail