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Eurostoxx futures +0.1% in early european trading

German DAX futures +0.1%UK FTSE futures +0.1%Looking over to US futures, Dow futures are up 0.2% so that is helping with the mood while S&P 500 future...

August 31, 2023, 6:15 am

Dollar stabilizes amid lull in asia; eurozone cpi and us pce in focus

Markets took a breather in today’s Asian trading session after Dollar experienced a significant selloff overnight. For now, the greenback seems to h...

August 31, 2023, 5:50 am

Us data still the one to watch for broader market implications

It's a sensitive time in the market, especially for bonds and the dollar, as evident by the reaction to yesterday's ADP employment data. Right now, th...

August 31, 2023, 5:13 am

Eurozone inflation in focus today

Even if the ADP employment number may not have any accuracy in identifying with the jobs report on Friday, it is still one that markets look to for so...

August 31, 2023, 4:25 am

Wait-and-see ahead of us pce data, china’s pmi mixed: spdr semiconductor etf, china a50, brent crude

Wall Street headed higher for the fourth straight day, but this time with more measured gains as some reservations kicked in ahead of the US core PCE ...

August 31, 2023, 3:30 am

Oil prices up on tighter supply, china pmi in focus

Global oil prices were up in early trade on Thursday backed by tighter U.S. supply, with a focus on China factory activity due...

August 30, 2023, 9:15 pm

Eur/usd – no game-changer but us data highlights weaknesses in the economy

The recovery in equity markets appears to have stalled on Wednesday as traders likely eye the big economic releases...

August 30, 2023, 6:29 pm

Eur/usd – no game-changer but us data highlights weaknesses in the economy

ADP posts 177,000 new jobs but traders not convinced US Q2 GDP revised lower to 2.1% (2.4% previously) USD pares six week gains after weaker figures t...

August 30, 2023, 5:39 pm

Rbc trade of the week: sell aud/cad

RBC added a short AUD/CAD position in its trade of the week portfolio targeting a move towards 0.8600, with a stop at 0.8850. "The bounce in the AUD-c...

August 30, 2023, 2:57 pm

Kinder morgan says idalia caused minimal damage to florida terminals

Kinder Morgan on Wednesday said its Port Manatee, Port Sutton and Tampaplex terminals in Florida sustained minimal damage due to Hurricane Idalia, and...

August 30, 2023, 2:24 pm

Saxony august cpi +6.8% vs +6.7% y/y prior

It truly is a mixed bag for the inflation readings for German states today. But considering the latest one from Saxony here, at the balance it suggest...

August 30, 2023, 9:00 am

Clene to present at upcoming september conferences

SALT LAKE CITY, Aug. 30, 2023 (GLOBE NEWSWIRE) -- Clene Inc. (Nasdaq: CLNN) (along with its subsidiaries, “Clene”) and its wholly owned subsidiary...

August 30, 2023, 8:20 am

European equities mostly little changed at the open today

Eurostoxx flatGermany DAX flatFrance CAC 40 flatUK FTSE +0.4%Spain IBEX -0.1%This mirrors the tepid mood in US futures, which are keeping flattish rig...

August 30, 2023, 7:15 am

Fx option expiries for 30 august 10am new york cut

There are a couple of large ones to take note of for the day, as highlighted in bold.The first few being for EUR/USD at 1.0875 and 1.0900 but both lev...

August 30, 2023, 6:41 am

Ecb rate hike bets nudge higher after nrw cpi beat

And that is up from roughly 50% yesterday. The shift in pricing comes after the inflation beat in Germany's industrial state earlier here. That tends ...

August 30, 2023, 6:28 am

Inflation data is back on the menu in europe today

The dollar took a knock yesterday and in particular we saw a squeeze back lower in USD/JPY as Treasury yields fumbled after some softer US data. That ...

August 30, 2023, 5:26 am

Heads up: germany states' cpi readings due later today

Headline annual inflation is expected to dip slightly again this month to 6.0%, which will continue to be a welcome development for the ECB. The posit...

August 30, 2023, 4:02 am

Gold futures settle at a 3-week high as u.s. economic data pressure the dollar and treasury yields

Gold prices traded marginally higher on Tuesday as traders set their sights on U.S. inflation and labor-market data due...

August 30, 2023, 12:47 am

Why broadcom stock was climbing today

Piper Sandler predicted a beat-and-raise quarter for Broadcom later this week. Tech stocks rallied toda...

August 29, 2023, 4:41 pm

Gold-to-silver ratio (aug) close to breakout

In our previous blog, we said that Gold-to-Silver ratio has resumed to the downside. In this article and video today, we will update the Elliott Wave ...

August 29, 2023, 4:26 pm


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