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Unstoppable momentum: 3 stocks poised for yet another rally

After rallying aggressively over the last five weeks the stock market took a much needed break this week, with the broad indexes nearly...

June 23, 2023, 11:54 am

Gbp/usd price analysis: higher policy rates spur flight to safety

The Bank of England surprised markets with a 50bps rate hike. The market anticipates the adverse impact of higher rates on the UK economy. Britain’s...

June 23, 2023, 10:00 am

S&p and nasdaq step 3 day losing streak

The S&P and NASDAQ indices are closing near the highs for the day and snapped 3-day losing streaks. The Dow Industrial Average is closing near...

June 22, 2023, 8:07 pm

S&p and nasdaq snap three-day losing streak

The S&P and NASDAQ indices are closing near the highs for the day and snapped 3-day losing streaks. The Dow Industrial Average is closing near...

June 22, 2023, 8:07 pm

Canadian dollar gets boost from sizzling retail sales

Canada’s retail sales higher than expected Fed’s Powell stays hawkish, signals two rate hikes The Canadian dollar is almost...

June 22, 2023, 3:37 pm

U.s. weekly jobless claims remain at highest level since october 2021

First-time claims for U.S. unemployment benefits were unchanged in the week ended June 17th, according ...

June 22, 2023, 1:29 pm

Us initial jobless claims unchanged at 264k

US initial jobless claims was unchanged at 264k in the week ending June 17, above expectation of 256k. ...

June 22, 2023, 12:40 pm

Jasper’s market squawk 22-06-2023

Powell Sets the Record Straight The testimony of Fed Chair Jerome Powell seemed to align with hawkish views, leading to the interpretation that keepin...

June 22, 2023, 9:20 am

Snb's jordan: the view that policy would be better by not tightening today is false

Most likely we will have to tighten monetary policy againBut we can also take a more gradual approachA gradual approach is appropriate at present, we ...

June 22, 2023, 8:31 am

European shares seen little changed at open with focus on boe

European stocks are seen opening largely unchanged on Thursday, as investors await Chair Jerome Powell�...

June 22, 2023, 5:48 am

European economic news preview: bank of england monetary policy decision due

The monetary policy announcements from the Bank of England and the Swiss National Bank are the major events due on Thursday. At 2.45 am ET, France’s...

June 22, 2023, 5:17 am

Canada new housing pricing data for may 0.1% versus -0.1% last month

Prior month -0.1%The national index for new home prices in Canada increased by 0.1% month over month in May, marking the first increase since August 2...

June 21, 2023, 12:30 pm

Stable uk inflation warrants bold action from bank of england

UK consumer prices logged a steady growth rather than a slowdown in May and core inflation accelerated further adding pressure on the Bank of England ...

June 21, 2023, 9:12 am

Uk cpi unchanged at 8.7% yoy in may, core cpi rose to 7.1% yoy

UK annual CPI was unchanged at 8.7% yoy in May, above expectation of 8.5% yoy. Core CPI (excluding ener...

June 21, 2023, 6:31 am

Pound us dollar exchange rate firm at 1.277

At time of writing the GBP/USD exchange rate traded at around $1.2774. Virtually unchanged from Tuesday...

June 21, 2023, 6:29 am

Hot uk inflation continues to vindicate higher boe rates

Headline annual inflation was unchanged in May at 8.7%, beating estimates, but core annual inflation is...

June 21, 2023, 6:09 am

Us equities bounce from the lows but give some back late

The Nasdaq finished only fractionally lower but there was some late selling in the S&P 500 after an attempt a returning to...

June 20, 2023, 8:14 pm

China’s central bank has lowered its interest rate. bank of england prepares to raise borrowing costs

By JustMarkets The US stock indices did not trade yesterday due to the bank holiday. According to the CME FedWatch tool, there is currently a 74% chan...

June 20, 2023, 1:42 pm

Audusd technical analysis

The Fed last week paused its tightening cycle leaving rates unchanged at 5.00-5.25%. Their rationale fo...

June 20, 2023, 10:14 am

Jasper’s market squawk 19-06-2023

Quadruple Witching Generates Market Volatility Friday saw the expiry of $4.2T in options contracts, leading to unusual fluctuations in stock markets a...

June 19, 2023, 9:28 am


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