Nasdaq 100: Potential Bullish Reversal Looms Ahead of Alphabet and Tesla Earnings Results
Market breadth indicators (% of component stocks above 20-day & 50-day moving averages) have increased […]
FTSE 100 Consolidates, S&P 500 Faces Critical Test, Earnings Ahead
The FTSE 100 is currently consolidating, trading within a range, with the possibility of a […]
Outcome of Expected Contest Between Trump and Harris Too Early To Call
Markets US President Biden stepping out of the presidential election race dominated press/market headlines yesterday. […]
Big Tech Rebound Ahead of Earnings, Oil Slips
Week started on a bullish note in Europe and the US as Jow Biden’s decision […]
Yen Advances Despite BoJ Uncertainty, Aussie and Kiwi Struggles Continue
Yen is trading broadly higher in otherwise sluggish Asian session today. The central focus remains […]
US GDP and PCE Inflation Up Next Before July FOMC
Fed to get final clues on growth and inflation before July meeting But with traders […]
PMIs Could Momentarily Take Focus Away from US Developments
Wednesday’s PMI surveys key for both the Fed and the BoE Eurozone PMI manufacturing survey […]
News of the Week (July 22—26): USDCNH Review
The USDCNH pair represents the exchange rate between the US dollar and the Chinese yuan. […]
USD/JPY: Another Potential Relief Rally Leg Looms for JPY
A potential uptick in Japan’s core-core CPI led by PPI may increase the odds of […]
Safe Havens Gain Favor Amid Geopolitical Tensions and US Election Uncertainty, Gold Above $2400/oz, DXY Slips
Increased geopolitical tensions in the Middle East and US election uncertainty have caused a rise […]
US Will Reveal Its Latest GDP Update
Joe Biden threw in the towel and announced that he quits the presidential race this […]
AUD/CAD struggles as impact of interest rate policies sidestepped
Australian Dollar continues to face significant headwinds, largely due to ongoing worries about the Chinese […]