Headlines: Markets: GBP leads, JPY lags on the day European equities higher; S&P 500 futures up 0.1% Gold flat at $1,939.05 WTI crude flat at $85.58 Bitcoin up 0.5% to $25,875 It was a quiet one in Europe today as markets are also taking a bit of a light breather with it being a US
And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and pound which are advancing just a touch more against the dollar after having previously stuck in narrow ranges in Asia. EUR/USD was holding in a 13 pips range earlier but is now extending that to roughly
Wall Street managed to get through the Jackson Hole Symposium unscathed (DJIA +0.73%; S&P 500 +0.67%; Nasdaq +0.94%), despite a hawkish takeaway from Fed Chair Jerome Powell last Friday. The general view may be that market participants were already priced for a hawkish outcome in the lead-up to his speech, which allows room for some
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
An initial rally in Wall Street eventually fizzled into the close, as Treasury yields headed higher in the aftermath of the US Consumer Price Index (CPI) release, prompting the US dollar to pare its earlier losses. Both headline and core US CPI surprised on the downside, which will likely provide grounds for the Fed to
Eurostoxx +1.1% Germany DAX +0.9% France CAC 40 +1.3% UK FTSE +0.8% Spain IBEX +0.8% A good start for European stocks but this comes after the strong dip buying in Wall Street yesterday. The overall mood is also keeping steadier today with S&P 500 futures seen up 0.15% at the moment. In FX, the dollar
We don’t want to overdo it on rates These are the most-dovish comments from any Fed member since the start of the hiking cycle. This article was written by Adam Button at www.forexlive.com. لینک منبع : هوشمند نیوز
Share: US Dollar up against G7 peers with the Greenback in demand on Monday. Slow start of the week with some minor data points coming out. The US Dollar Index consolidates above 102 and flirts with more upside potential. The US Dollar (USD) is holding on to gains against most major peers with the
Share: According to Federal Reserve Bank of Chicago President Austan Goolsbee, they should start thinking about how long to hold rates. In an interview with Bloomberg, he said that the last couple of inflation readings were pretty positive. Regarding Fitch’s US credit downgrade, Goolsbee mentioned that it won’t make much difference. On the
Major US stock indices are off to a positive start. Earnings overnight came in better than expectations and that has been the trend this week (generally speaking). The prices are rebounding as well after yesterday’s decline which saw the Dow industrial average snap its 13 day winning streak. All good things have to come to
