Markets Resist Fed’s Outlook of Multiple Hikes: Bonds and Stocks Disagree, Dollar Rally Halted
Dollar bulls experienced a somewhat disheartening week, as the initial rally supported by hawkish remarks […]
S&P 500 Futures (ES) Looking to Extend Rally Higher
Short term Elliott Wave View in E-mini S&P 500 Futures (ES) suggests the rally from […]
US 500 Stock Index Stays Heavy But Could be Poised for a Rebound
US 500 stock index (cash) is extending its slide from the June 16 high of […]
Geopolitical Chaos, FX Intervention, and US Banks’ Stress Test Results
Russia’s weekend mutiny cast doubts on Putin’s grip on power. No major impact on markets […]
Recession Concerns Eclipsed a Week Laden with Key Event; Aussie Bear the Brunt
A cloud of recession fears dominated a week full of significant events, with disappointing PMI […]
All Eyes on US Inflation
The S&P 500 surpassed last summer peak level and recovered to the highest levels since […]
Be Wary of the New Bull Market of SP 500
The key US benchmark stock index, S&P 500 has entered a new bull market. Market […]
NZD/USD Attempts to Bounce
USD/JPY tests support The Japanese yen clawed back losses after the Q1 GDP beat expectations. […]
FOMO Regime Change for US Stock Market
The laggards, Dow Jones Industrial Average & Russell 2000 have recorded stellar single-day outperformances on […]
Risk-On Sentiment Continued, Dollar Relatively Resilient Despite Receding June Hike Expectations
Global stock markets registered impressive gains last week, with the resolution of the US debt […]
US Debt Ceiling Drama Begins to Weigh on Markets
US markets made an impressive surge last week, taking the S&P500 to 4200, a crucial […]
JPY Sinks Further
USD/JPY breaks major resistance The Japanese yen recouped some losses after a jump in April’s […]