Day: June 27, 2018

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  The US stocks are open and the major indices are higher

  Nasdaq leads the way The US stocks are open and the major indices are higher.  In other markets: In the US debt market yields continue[...]
  2018-06-27 19:27:07

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  Oil nears the May high as the climb continues ahead of inventory data

  WTI crude up another 1.8% Oil has been on fire since the OPEC meeting. It's gained nearly $6 to $71.81 in the aftermath of the[...]
  2018-06-27 19:27:07

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  USDCHF runs higher and moves into up and down area

  Moves away from the 200 hour MA The USDCHF is trading at a new session high and in the process is running away from the[...]
  2018-06-27 19:27:07

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  US May pending home sales -0.5% vs +0.5% expected

  US pending home sales for May 2018 The South was responsible for the surprise fall in May with the other regions advancing.
  2018-06-27 19:27:07

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  US Supreme Court rules against unions on mandatory fees

  Union dues case The court ruled that public-sector workers have the right not to pay union dues. It was a 5-4 decision. US unions take[...]
  2018-06-27 19:27:07

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  Barclays boosts Q2 GDP growth to 4.7%

  Back on June 6th they were at 3.5% Barclay's has raised it Q2 GDP tracker to 4.7%.   According to Barclay's, the trade and durable goods[...]
  2018-06-27 19:27:07

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  Crude oil continues to run. Up 1.9% on the day.

  Getting close to the 2018 high at $72.83 The price of crude oil continues the run higher. It is currently trading at $71.84 up $1.32[...]
  2018-06-27 19:27:07

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  US EIA weekly oil inventories -9891K vs -3000K expected

  Weekly US oil inventory data - Prior was -5914K - Gasoline +1156K vs +1250K expected - Distillates +15K vs +1600K expected - Refinery utilization +0.8%[...]
  2018-06-27 19:27:07

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  USDCAD back below the 100 hour MA. 200 hour MA looms below.

  CAD not impressed with the oil surge, but will it? The USDCAD is trading at a new session low and in the process is back[...]
  2018-06-27 19:27:07

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  Atlanta Fed GDPNow dips to 4.5% from 4.7% last

  Still a healthy number for the 2Q The Atlanta Fed GDPNow estimate for 2Q GDP growth is at 4.5% in its current model estimate. That[...]
  2018-06-27 19:27:07

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