Today’s Eco Calendar Unlikely to Inspire Trading
Markets Global PMI’s called off ongoing tests of key technical resistance levels (cycle highs) in […]
Weak PMI Data Set Tone for Markets
Market movers today The data calendar is relatively light today, with US capital goods orders […]
Amazing Nvidia
Nvidia announced STUNNING results when it released its Q2 earnings yesterday after the bell. The […]
Japan Kicks Off PMI Day on a Strong Note
Market movers today Today we get preliminary August flash PMI’s for France, Germany and the […]
US Banks Fall on Fresh Rating Downgrades, Nvidia Earnings in Focus
The market mood turned sour again, and the S&P500 fell after a short relief. S&P’s […]
Is Gold Destined to Lose More of Its Shine?
With US Treasury yields and the dollar marching north, gold has come under selling interest, […]
Jackson Hole Symposium to Shape Dollar’s Path
The Fed’s annual economic symposium will kick off on Thursday, but the highlight will be […]
Bundesbank Inflation Worries Despite Declining Producer Prices
Market movers today On the data side, we get July existing home sales data for […]
Uncertainty on Policy Mix Keeps Yuan in Defensive
Markets High profile technical levels eventually prevailed last Friday in a session absent of eco […]
Modest Chinese Rate Cut
Market movers today The week is off to a quiet start in terms of data […]
US 10-yr yield soars to 15-yr high, real yield breaks 2%
US 10-year Treasury yield ascended to an impressive 4.354%, marking its loftiest level since November […]