Afternoon look at gold, crude and Treasuries
A daily summary of high-profile members of several complexes. …read more From:: Resource Investor
Afternoon look at gold, crude and Treasuries Read More »
A daily summary of high-profile members of several complexes. …read more From:: Resource Investor
Afternoon look at gold, crude and Treasuries Read More »
May has left the building and the market has not gone away. Markets are stubbornly hanging on in divergence fashion with the Russell 2000 having made a new high, the Nasdaq 100 very close and the Dow lagging badly. The Dow has never held above the mysterious balance line I’ve discussed many times since March.
Even before I had my coffee this morning this Nasdaq chart woke me up Read More »
Friday’s “risk-on” rally, triggered in part by those strong US employment figures, followed through on Monday as Asian shares and U.S. index futures rose. Although Europe was also higher at the open, some of the major indices such as the German DAX gave up their earlier gains as investors considered the impact of U.S. import
AUD/USD kicks off busy week with a bang Read More »
After imposing tariffs on steel and aluminum imports on its closest allies, the U.S. will be facing enormous criticism at the G7 summit on Friday in Quebec or, as the French Finance Minister Bruno Le Maire likes to call it, “G6 plus one.” …read more From:: Resource Investor
Trade war fears to dominate market moves this week Read More »
The week ahead is a big one for the Aussie dollar and it starts off quickly with Retail Sales among other economic data points Sunday night at 8:30 p.m. Central. Taking the cake is the Reserve Bank of Australia’s monetary policy meeting at 11:30 p.m. Central Monday night. Though rates are expected to stay unchanged,
Tradable events for the week of June 4 Read More »
Despite a slower start, the S&P 500 followed trading up to resistance at 2744-2745.25 and the highest level since March 19. Here, Friday morning, we discussed the increasing likeliness that Nonfarm Payroll would be beneficial to stocks and that is exactly how a strong report played out; Average Hourly earnings and job growth both topped
Daily markets morning round-up: E-mini S&P, gold, crude & Treasuries Read More »
The Organization of the Petroleum Exporting Countries (OPEC) backed from a strong commitment to raise oil production but only promised to work together and stressed the need for continued cooperation between oil producers, as opposed to signaling an actual number on an expected production increase. …read more From:: Resource Investor
Crude: No commitment? Read More »
Al Brooks provides bar-by-bar analysis on a five-minute chart of the previous day’s prices action in the E-mini S&P 500. This is his analysis for Friday, June 1, 2018. …read more From:: Resource Investor
Daily Price Action: E-mini S&P 500 Read More »
Market events to watch this week …read more From:: Resource Investor
Market events to watch for the week of June 4 Read More »
The U.S. dollar is higher against major pairs on Friday after a strong US jobs report was published. The U.S. nonfarm payrolls (NFP) report showed the economy added 223k jobs last month driving the unemployment rate to a 18-year low of 3.8 percent. Wage growth surprised to the upside with a 0.3% gain that validates
Dollar rises as U.S. jobs outperform despite trade fears Read More »