Major US stock indices continue to push higher. The gains are led by the Nasdaq 100 with a gain of 3.53%. The Russell 2000 and Dow lag but still with gains of a...
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The NZDUSD and AUDUSD are both posting strong gains today, with the NZD leading the way. The NZDUSD is up 1.45%, while the AUDUSD has advanced 1.05%.For the NZD...
The USDCAD has extended to a fresh low for the day and its lowest level since June 17. In the process, the pair has broken below the swing lows from July 17 and...
The broader S&P 500 and Nasdaq indices are sharply higher today, but has the rally changed the technical picture? The answer is: it has improved it, but the...
The Dallas Fed Trimmed Mean PCE price index was releases and it came in at +1.4% vs 2.7% last month. That is much lower than the headline PCE which came in at 3...
BOE Bailey is back on the wires saying:Disinflation is proceeding slowly.Labour market is weakening gradually.Markets are pricing and potential interest rate in...
With the2nd quarter GDP advance coming in at 1.5% versus 2.1% expectations from Reuters economists in the rear view mirror, how did theAtlanta Fed model predict...
The USD issharply to the downside led by the USDJPY onpossible intervention. The USDJPY has fallen -2.5% with th price falling below its 100 day moving average ...
The major stock indices are rebounding led by the NASDAQ index with a gain of 2.39%. The NASDAQ 100 is doing even better with a gain of 2.89%. The S&P is up...
The USDJPY is running to the downside with mumblings about intervention. The price istrading toward the July low at 160.446. The low price has just reached 160....
WH NEC advisor Kevin Hassett is on the wires saying:Says "of course" when asked about confidence in Fed Chair WarshWarsh job is now easier following the day's i...
Prior PCE 4.1%. Core prior 3.4%Headline PCE YoY for June 3.7% vs 3.7% estCore PCE YoY for June 3.3% vs 3.3% estHeadline MoM -0.1% vs -0.1% est. Last 0.5% (revis...