We finally have a bit more excitement in the calendar today. For the Asia-Pacific session, we have Japanese Machine Orders and trade data, followed by […]
Risk off day for tech with treasuries & USD catching a bid
For those of you just hitting the desk for the Asia-Pac session, here is a quick look at where we traded into the US close. […]
Mexico to propose reinstating North American steel committee with US
Bloomberg reported that Mexico will propose reinstating a North American steel committee. The aim is to improve trade ties with the US. This article was […]
NASDAQ index now down -1.58% on the day. Dipping below its 100 hour moving average
The NASDAQ index continues to come under pressure, currently down 347 points or -1.60%. The decline has pushed the index back below its 100-hour moving […]
Bowman: “De Minimis” crypto holdings would allow Fed staff to better understand products
HMMM. Fed’s Bowman is a saying: “De Minimis” crypto holdings would allow Fed staff to better understand products.Fed staff should be allowed to own small […]
NZDUSD technicals: What technicals are in play for the NZDUSD ahead of the RBNZ rate cut
The Reserve Bank of New Zealand (RBNZ) is widely expected to cut its official cash rate by 25 basis points to 3.0% at its upcoming […]
European shares move higher as investors shift
While the NASDAQ index tumbles by -1.13% and the S&P is down near -0.50%, the European indices moved higher today in a investment shift: German […]
EURUSD and GBPUSD fall to 200 hour MA and find buyers on the first look.
The EURUSD and the GBPUSD have reversed lower in morning US trading, and in the process has moved back down to retest the 200 hour […]
Fed’s Bowman: Has not changed her view on monetary policy
Fed’s Bowman speaking on Bloomberg: Has not changed her view on monetary policy Bowman is a Trump nominee and voted for a cut in rates […]
Commerce Sec Lutnick: Financial security needs to chips made in the US
Securities reasons needs chips made in the USThe Chips Act was just a give away.Why do we give TSMC to come to the USWe want […]