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Australian dollar touches the low of the year, then hesistates

This is a tough one.AUD/USD broke support earlier today and touched the lowest since November 2022. The decline today is 77 pips and comes after the R...

September 5, 2023, 4:38 pm

Jasper’s market squawk 05-09-2023

China Services PMI Puts an End to Thin Run European markets opened broadly in the green Monday but turned around throughout the day in thin trading wi...

September 5, 2023, 8:04 am

European equities off to a softer start at the open today

Eurostoxx -0.5%Germany DAX -0.5%France CAC 40 -0.7%UK FTSE -0.6%Spain IBEX -0.3%Italy FTSE MIB -0.4%The bond market, or more specifically Treasuries, ...

September 5, 2023, 7:08 am

Gold price steadies as us real yields offset by potential bric demand. lower xau/usd?

The gold price has seen some sideways price action as the market contemplates a bullish and bearish case with the potential influence of BRIC countrie...

September 5, 2023, 12:00 am

Dollar loses a bit of ground to start the session

And that is weighing on the dollar slightly, but nothing too significant. Of note, it is the euro and p...

September 4, 2023, 7:29 am

Key words: tommy john surgery is in the news, and a chicago nun, 104, jokes she’s a candidate

Baseball megastar Shohei Ohtani is weighing a second such procedure. Read Full Story The post Key Words...

September 3, 2023, 4:19 pm

This ultra-high-yield dividend stock faces a long road to recovery

Medical Properties Trust has more value than the market is currently giving it credit for. It will take time for that value to surface because several...

September 1, 2023, 8:35 am

Spain august manufacturing pmi 46.5 vs 48.8 expected

Prior 47.8That's a sharp drop in Spain's manufacturing activity with the headline reading being the lowest so far this year. Of note, new orders are s...

September 1, 2023, 7:15 am

Markets grow skeptical that the ecb will hike rates again, weighing on the euro

Last week the market was placing higher odds on the ECB hiking rates than leaving them unchanged at the Sept 14 meeting but now there's just a 30% cha...

August 31, 2023, 5:09 pm

Eur/gbp – eurozone core inflation falls further, weighing on yields and the euro

Flash HICP in August 5.3% (5.1% expected, 5.3% in July) Flash core HICP in August 5.3% (5.3% expected, 5.5% in July) Key moving average provides resis...

August 31, 2023, 12:34 pm

Ecb rate hike bets trimmed in volatile start to the session

It nudged up to a high of around ~60% earlier after the French inflation numbers but was quickly dragged back down and Schnabel's indecisive comments ...

August 31, 2023, 7:39 am

Treasury yields pare declines, all to play for in us trading later

10-year yields in the US are back up to 4.210% from a low of 4.175%, turning flat after the decline from earlier today. This is in turn putting a bid ...

August 29, 2023, 11:14 am

Usd/cad tests major ceiling

The pair is supported by a modest USD downtick. Retreating US bond yields and a positive risk tone turn out to be key factors ...

August 29, 2023, 7:29 am

Eur/usd attempts some consolidation near term – uob

EUR/USD moves away from over a two-month low and is supported by a modest USD downtick. Retreating US bond yields and a positive risk tone turn out to...

August 29, 2023, 5:59 am

Eur/usd sticks to modest gains below mid-1.0800s, upside potential seems limited

EUR/USD moves away from over a two-month low and is supported by a modest USD downtick. Retreating US bond yields and a positive risk tone turn out to...

August 29, 2023, 3:59 am

Reasons why you should avoid betting on middleby (midd) now

Weakness in the Residential Kitchen Equipment Group segment, increasing costs and unfavorable foreign-currency movements are ...

August 28, 2023, 12:47 pm

Gold technical analysis - the bears remain in control

The quick rise in the US real yields and the US Dollar in August weighed a lot on Gold and the yellow metal sold off with very shallow pullbacks along...

August 28, 2023, 9:44 am

Commodity capsule: oil prices marginally lower; copper rises; gold flat

weighing on copper prices was the dollar holding firm amid worries of more interest rate rises; hoverin...

August 28, 2023, 8:59 am

The chinese yuan has gapped higher after announcement boost outweighs bad data

USD/CNH is lower after the two items out of China over thew weekend. This:Weekend - China halves stamp tax for securities tradingseems to be out...

August 27, 2023, 11:10 pm

Usd/jpy forecast: a tug of war between powell’s words and japanese yen inflation data

Amid fluctuating price points, USD/JPY traders await Powell’s speech, weighing Tokyo inflation news a...

August 25, 2023, 12:04 am


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