USD rebounds: What’s changed technically in the major pairs?
The USD has reversed course from the declines earlier today. Stocks which were higher at the beginning of the day hav ...
Brutal tech-led reversal in the Nasdaq extends. Four reasons for the selling
It’s getting ugly.The Nasdaq opened 1% higher but it’s been a nosedive since and it’s now down near ...
Crude oil is moving to new lows and tilting the technical bias more to the downside
Markets appear to be disconnecting from some of the traditional risk drivers today. Both the NASDAQ and S&P 500 h ...
Trump approval rating on the economy craters
The main reason to expect a wrap-up to the Iran war is this chart:That’s an ugly look for the party that prides ...
Tech sector hit hard: Apple nosedives as financials and communication services gain
📊 Sector OverviewThe stock market today reflects a diverse landscape, with significant variances across secto ...
Nasdaq index giving up gains. Falls back below the 200 hour MA disappointing the buyers
The NASDAQ index has erased all of its early gains after rallying as much as 330 points in the first hour of trading ...
US stock market gains fade quickly
A promising start for US equity markets has very quickly soured.The Nasdaq is now lower after climbing 1% at the open ...
US May existing home sales 4.17m vs 4.07m expected
Prior was 4.02m (revised to 4.04m)Sales +3.2% vs +0.2% priorSeparately, the wholesale inventories report:Wholesale in ...
The NZD, AUD and CAD are all rising vs the USD with the help of risk-on flows.
The NZDUSD and AUDUSD fell sharply last week, with the help of the stock liquidation on Friday. That led to risk off ...
US equity futures climb further on Middle East and chip hopes
Here are the pre-market levels:S&P 500 +40 or +0.5%Nasdaq +258 pointsRussell 2000 +26 pointsThe market is optimis ...
US International trade balance for April -$55.9B vs -$56.1B estimate
Prior month -$60.3B revised to -$56.6BGood trade balance (R) -$-83.01B vs -$82.4B (Prelim). Prior -$85.30BWhat is the ...
Canada April trade balance +$2.72 billion vs $2.57 billion expected
Prior was +1.78 billionExports vs $72.77 billion priorImports vs $70.99 billion priorGold trade has made Canadian tra ...