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Eurusd: what technical levels are in play for the week starting october 2, 2023.
The EURUSD is looking to close the trading week below the 200-hour MA and a cluster of resistance near 1.0610, but above the 100-hour MA at 1.05614. T...
September 29, 2023, 5:02 pm
Opec+: ministerial panel unlikely to recommend output policy change at october 4 meeting
According to Reuters, 4 sources are saying that:OPEC+ ministerial panel unlikely to recommend output policy change at October 4 meetingThis is as expe...
September 29, 2023, 4:35 pm
Us advanced good trade balance for august -84.27b versus $-91.4 billion estimate
Prior $-91.18 billionAdvance goods trade balance for August 2023 -$84.27B vs $-91.4 billion estimateExports $168.9B vs. $164.8 billion last monthimpor...
September 29, 2023, 12:30 pm
Ecb holzman: unclear if we are at peak rate levels
ECBs Holzman is speaking and says that:It is unclear whether we're at peakrates yetCannot exclude further rate hikesUpside inflation risks are still o...
September 26, 2023, 4:48 pm
Gm: we do have contingency plans, and will do what's best for the company, and customers:
Escalation of a strike by UAW's top leadership is unnecessaryWe have now presented 5 separate economic proposalsWe will continue to bargain in good fa...
September 22, 2023, 5:27 pm
Baker hughes oil rig count versus last week.
Total rigs 630 versus 641 last week. Down -11 on the weekOil rigs versus 507 vs 515 last week. Down -8 on the week.Gas rigs versus 118 vs 121 last wee...
September 22, 2023, 5:05 pm
Uaw to announce more strikes at gm and stallantis parts and distribution centers
The UAW will announce more strikes at ports in distribution centers at GM and Stallantis. The strikes will be at 38 ports and distribution centers in ...
September 22, 2023, 2:29 pm
Reuters sources: uaw expected to announce significant new strikes versus gm and stallantis
A Reuters sources saying that the UAW is expected to announce significant strikes versus GM and Stallantis. Earlier today, Reuters also reported that ...
September 22, 2023, 1:53 pm
Reuters: uaw will announce that it has made progress with ford in current talks
Reuters is reporting that a source is telling them that the UAW (United Auto Workers) will announce that it has made progress with Ford in current lab...
September 22, 2023, 1:22 pm
Ecb's de cos: underlying inflation is now easing
Underlying inflation is now easingInflation seems to be turning a cornerCurrent interest rate level - if maintained for sufficiently long - is broadly...
September 22, 2023, 1:20 pm
Ecb's lane: 4% rate will do quite a bit to bring inflation to 2%
4% rate will do quite a bit to bring inflation to 2%ECB is still very data dependentexpects rates to held sufficiently long at 4%Key wage data will no...
September 22, 2023, 1:18 pm
Us existing home sales for august 4.04m vs 4.10m estimate
Prior month 4.07Mexisting home sales 4.04M versus 4.10M estimateMoM -0.7% This article was written by Greg Mic...
September 21, 2023, 2:00 pm
Ecbs knot: does not expect a rate hike at next policy meeting
ECBs Knot is now weighing in. He says:Does not expect a rate hike at next policy meetingcomfortable with current interest ratesECB will stay alert to ...
September 21, 2023, 1:52 pm
Philadelphia fed september manufacturing index -13.5 vs -0.7 estimate
Prior month 12.0Philly Fed business index -13.5 vs -0.7 estimateCapital expenditures 7.5 versus -4.5 last monthEmployment -5.7 versus -6.0Prices paid ...
September 21, 2023, 12:30 pm
Ecbs makhluof: i do think we are there or thereabouts at top of ladder on rates
ECB's Makhluof is speaking and says: I do think we are there, or thereabouts, at top of the ladder on ratesMy view at the moment is that March 2024 is...
September 20, 2023, 1:08 pm
Us 5-year yield reaches the highest level since 2007
The US 5-year yield has reached 4.513%. That takes the yield to the highest level since August 2007. Looking at the weekly chart, the next part comes ...
September 19, 2023, 7:00 pm
Wti crude oil futures settle at $91.20.
October WTI crude oil futures are several and $91.21. That's down $0.28 or -0.33% This article was written by Greg Mic...
September 19, 2023, 6:33 pm
Former fed pres lockhart: the fed is likely to pause tomorrow
Former Atlanta Fed Pres. Dennis Lockhart is on CNBC and says:Fed likely to pauseFed will likely be more neutral Longer rates are taking on the expecta...
September 19, 2023, 6:08 pm
The us treasury auctions off $13b of 20 year notes at a high yield of 4.592%
WI level at the time of the auction: 4.592%High Yield: 4.595%Previous: 4.499%Six-auction average: 4.055%Tail: -0.3bpsPrevious: 0.9bpsSix-auction avera...
September 19, 2023, 5:03 pm
Us housing starts 1.283m versus 1.440m estimate
Prior month for housing starts 1.447M revised from 1.452MHousing starts 1.283M versus 1.440M estimate. That's the lowest level since June 2020 during ...
September 19, 2023, 12:32 pm
