The USD is moving to the upside, and in the process is shifting the technical bias more in the direction of the buyers. In this […]
USDJPY on pace to its largest percentage gain since October 2023USDJPY on pace to its largest percentage gain since October 2023
The USDJPY continues to run to the upside with the currency pair now up 1.32% on the day. That is the largest increase since the […]
NASDAQ index continues to surge. Now up 300 points or 1.94%.NASDAQ index continues to surge. Now up 300 points or 1.94%.
The NASDAQ index is currently up 300 points or 1.92%. That’s the largest percentage gain since February 22. For the training week, the NASDAQ in […]
Atlanta Fed GDPNow estimate for Q2 growth 3.9%Atlanta Fed GDPNow estimate for Q2 growth 3.9%
The initial reading for Q2 growth from the Atlanta Fed GDPNow model comes in at 3.9%. There is a long way to go before that […]
Citigroup now sees 100 basis points of cuts this year from JulyCitigroup now sees 100 basis points of cuts this year from July
Citigroup now sees 100 basis points of cuts this year from July. That is much more than the 45 or so basis points forecast by […]
USDJPY moves to another new high… Buyers in firm controlUSDJPY moves to another new high… Buyers in firm control
The USDJPY has continued its march the upside with a run to a new session high. Earlier today, the Bank of Japan Policy was unchanged. […]
US stocks in premarket trading are higher led by the NASDAQ indexUS stocks in premarket trading are higher led by the NASDAQ index
The major US stock indices are trading higher in premarket trading, but off the highest levels. Dow Industrial Average averages is virtually unchanged with a […]
WH Brainard: Work to bring costs down are ongoingWH Brainard: Work to bring costs down are ongoing
Former Fed Gov. Lael Brainard is speaking on the inflation and says: Work to bring costs down our ongoingWorking to lower healthcare, drug, housing costs. […]
US stocks trading higher at the U.S. OpenUS stocks trading higher at the U.S. Open
Microsoft and Alphabet are leading stocks higher in early US trading. The NASDAQ index is the biggest gainer. The Dow Industrial Average is trading near […]
University of Michigan April consumer sentiment (final) 77.2 versus 77.9 estimateUniversity of Michigan April consumer sentiment (final) 77.2 versus 77.9 estimate
Preliminary 77.9Prior 79.4Consumer sentiment 77.2 versus 77.9 estimateCurrent conditions 79.0 versus 79.3 preliminary. Prior month 82.5Expectations 76.0 versus 77.0 preliminary. Prior month 77.41-year inflation expectation […]