Month: July 2018

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  Atlanta Fed Q2 GDPNow 3.8% vs 4.1% prior

  The latest tracking estimate from the Atlanta Fed The Atlanta Fed trimmed its economic growth tracker. "Since the last GDPNow update on Monday, July 2,[...]
  2018-07-08 19:28:46

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  US stocks trade at session highs. Technical bias turns more bullish.

  S&P and Nasdaq move above 100 and 200 hour MAs today For the NASDAQ index, the price si up 58.7 points or 0.78% at 7645.[...]
  2018-07-08 19:28:46

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  USDCAD support held on the first look. Can it hold again?

  Trend line and 200 bar MA on 4-hour chart The USDCAD fell to a lower trend line and 200 bar MA on the 4-hour chart[...]
  2018-07-08 19:28:46

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  The New Zealand dollar finally bounced and it was the best performer this week

  NZD/USD was the top performer this week The New Zealand dollar tumbled to a two year low on Monday but followed that with a four-day rally.[...]
  2018-07-08 19:28:46

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  NY Fed Nowcast GDP forecast remains at 2.8%

  Still 1% below the Atlanta Fed The NY Fed is out with their weekly model estimate,and for the current week, they show no change. They[...]
  2018-07-08 19:28:46

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  Coeure loophole shows that plenty of people don't want Weidmann to lead ECB

  They've found a loophole There has been a twist in the race to replace Mario Draghi has head of the ECB. Most ECB-watchers thought European[...]
  2018-07-08 19:27:06

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  The bond market continues to send warning signals

  The long end sinks lower Barring a big turnaround today, the close in the 30-year bond will mark the lowest yield since January. It's a[...]
  2018-07-08 19:27:06

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  Video: Talking markets with Dale

  Where markets are headed next I spoke with Dale Pinkert at Forex Analytix today about seasonals and where markets are headed. ForexLive
  2018-07-08 19:27:06

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  Baker Hughes US oil rig count 863 vs 858 expected

  Drill baby drill Shale activity continues to ramp up but it has hardly dented oil. WTI was lower earlier today at $72.14 but has rebounded[...]
  2018-07-08 19:27:06

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  Believe it or not earnings are approaching...

  Seemed like only yesterday... Although it seems like only yesterday, the buzz about earnings will start soon with the banks leading the way next week. [...]
  2018-07-08 19:27:06

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