Australian Dollar May Rise After US GDP Boosted Dow Jones, S&P 500, Nasdaq 100
The Australian Dollar may rise if Asia-Pacific markets follow the rosy lead set on Wall […]
Dollar Extends Pressurized Range, Stocks Attempt to Rally the Bulls, The Real Event Risk is Next Week
Was the better-than-expected US 4Q GDP reading this past session a further tipping point for […]
US: Real GDP Ended 2022 on a Firm Footing, Though Details Show Demand Adjustment Already Underway
Real GDP expanded by 2.9% quarter-on-quarter (q/q, annualized) in the fourth quarter of 2022. The […]
Will USDJPY Slide Lower in 2023?
Last year was tough for the Japanese yen. USDJPY gained more than 30% over 2022, […]
Tesla Drives Tech Stocks Higher & Q4 GDP Beats
US futures Dow futures +0.23% at 33819 S&P futures +0.5% at 4036 Nasdaq futures +0.97% […]
Euro Continues to Drift
The ECB has been in calm waters all week and the trend has continued on […]
US durable goods orders rose 5.6% mom, ex-transport orders down -0.1% mom
US durable goods orders rose 5.6% mom to USD 286.9B in December, above expectation of […]
US goods trade deficit widened to USD -90.3B in Dec
US exports of goods dropped -1.6% mom to USD 166.8B in December. Imports of goods […]
US GDP grew 2.9% annualized in Q4
US GDP grew 2.9% annualized in Q4, slightly above expectation of 2.8%. The increase in […]
Markets Steady Ahead of GDP, Earnings and CB Meetings
So far in the day, we have seen a bit of consolidation against the recent […]
Pound Hits Ceiling
The British Pound is testing the $1.2400 level this week, above which it failed to […]
US initial jobless claims dropped to 186k
US initial jobless claims dropped -6k to 186k in the week ending January 21, below […]