Month: June 2018

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  USDJPY fails on earlier break higher. Buyers disappointed.

  No momentum  earlier today. Price wanders lower With the stocks getting ready to open, the USDJPY has wandered lower in the London/early NY session. The[...]
  2018-06-05 19:17:07

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  US stocks open near closing levels from yesterday

  The Nasdaq stocks are doing better and eyes the all time highs at 7637.27. The major US stock indices are open and the Nasdaq is[...]
  2018-06-05 19:17:07

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  Bridgewater gets bearish

  All $160 billion of the huge hedge fund is net short equities has some interesting comments from Bridgewater warning about higher rates leading to trouble[...]
  2018-06-05 19:17:07

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  US May Markit final services PMI 56.8 vs 55.7 expected

  The final reading on the services sector The ISM non-manufacturing index is due at the top of the hour. The upside surprise and series high[...]
  2018-06-05 19:17:07

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  May US ISM non-manufacturing index 58.6 vs 57.6 expected

  May service sector index from the Institute for Supply Management Strong numbers all around. The market was leaning in this direction after the Markit PMI[...]
  2018-06-05 19:17:07

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  US April JOLTS job openings 6698K vs 6350K expected

  Highlights of the April JOLTS report The details of the stronger than expected April JOLTS report shows: The JOLTS report outlines the number of job[...]
  2018-06-05 19:17:07

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  USD/CAD jumps to two-month high

  Canadian dollar under heavy pressure USD/CAD is up a whopping 130 pips today on NAFTA uncertainty and oil price declines. The pair has hit a[...]
  2018-06-05 19:17:07

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  Nasdaq trades to new all time highs

  Old high at 7637.26 The better data in the US today, has helped to send the Nasdaq to a new all time high for the[...]
  2018-06-05 19:17:07

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  Dollar jumps on better US data, but gains are still limited

  A quick summary of the price action The dollar was goosed higher on the back of some decent data.  The PMI, ISM and JOLTs data[...]
  2018-06-05 19:17:07

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  China offered to buy nearly $70 billion of US farm and energy products - report

  The latest on trade negotiations The WSJ that China offered to spend almost $70 billion on US agricultural and energy exports in exchange for abandoning[...]
  2018-06-05 19:17:07

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