NQ, ES and the other indices all opened lower. The above is a CFD reflecting ES. It had a decent rally on Tuesday, some give […]
Reminder – Goldman Sachs expects the US dollar has further to fall
Goldman Sachs chief economist Jan Hatzius in a note late last week, htat he is not confident forecasting a level for the dollar: “I often […]
Forexlive Americas FX news wrap: Trade data dims outlook for tomorrow’s GDP report
US March advance goods trade balance -161.99BB vs -147.85B priorUS April consumer confidence 86.0 vs 87.5 expectedJOLTS March job openings 7.192M vs 7.480M estimateUS advanced […]
Crude oil settled at $60.42
Crude oil futures settled down $1.63 at $60.42 today,. That is a decline of -2.63%. Technically, the next key target comes near the $60 level. […]
USTR: Europe is not engaging well on tariff talks
This isn’t a big surprise given the politics and reality in Europe, along with its clout. The US seems to be trying to use the […]
USDJPY slips to new session low as sellers eye key support zone
The USDJPY has edged to a new session low of 141.96, slipping just below the earlier low of 142.00. On the 4-hour chart, the pair […]
European indices close the day with mixed results. Italy’s FTSE MIB up. Spain’s Ibex down
Major European indices ended the session with mixed results. Italy’s FTSE MIB led the way, rising 1.09%, supported by strength in auto and banking stocks. […]
Final Atlanta Fed GDPNow Q1 estimate -2.7% vs -2.4% prior
The US GDP report is due out tomorrow and the consensus is -0.3% but I suspect the market shifted to a worse number in light […]
Goldman Sachs: Revising our USD/CAD forecasts lower
Goldman Sachs has lowered its USD/CAD forecasts, citing resilient Canadian data, a supportive fiscal policy stance, and reduced expectations for BoC easing. While Canada’s exposure […]
US stock futures slide after Bessent
When it was announced that Bessent would be at the morning White House briefing, some thought he would be there to talk about an announcement. […]