Month: July 2018

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  Stocks open lower, but recovered from pre-market lows

  Microsoft earnings after the close The US major indices are opening lower but are off the pre-market low levels.  US yields are mixed, but little[...]
  2018-07-19 19:29:24

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  Two Euribor traders sentenced to five and eight years in rigging case

  UK court sends traders to jail Rigging Euribor led to some hefty jail sentences for a pair of former traders. Deutsche Bank's Christian Bittar, 46, was[...]
  2018-07-19 19:29:24

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  Crude oil trades higher. Saudi's not looking to flood the market

  The lows this week stalled at the 100 day MA The price of crude oil is moving higher - up about $1 at $69.73. The[...]
  2018-07-19 19:29:24

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  US leading index for June 0.5% vs. 0.4% estimate

  Prior month 0.2% The US leading index has come in at 0.5% vs 0.4% estimate.   The index has not been negative since May 2016.  ForexLive
  2018-07-19 19:29:24

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  GBPUSD down but bounces. Watching 1.3009 low from yesterday

  Lows show some rejection/support buying. The GBPUSD fell sharply - helped by weaker retail sales.  The fall took the price toward a lower trend line[...]
  2018-07-19 19:29:24

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  USDJPY does back off, but support target stalls the fall so far

  The 112.80 area stalls the fall See earlier post) The sellers were able to extend the fall down to the next target area at the[...]
  2018-07-19 19:29:24

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  Ups and downs continue with the USDCAD today

  Fall from yesterday is fully reversed into a topside trend line The USDCAD has moved sharply higher in trading today. The move reversed the sharp[...]
  2018-07-19 19:29:24

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  UK Brexit Secretary Raab says much progress had been made in talks

  New Brexit minister giving it a go The new Brexit Secretary Dominic Raab is on the wires saying: Meanwhile EUs Barnier says: Their meeting comes[...]
  2018-07-19 19:29:24

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  European stocks close mostly lower. UK FTSE bucks the trend.

  10 year yields are mixed The European major indices are closing mostly lower,w th the UK's FTSE bucking the trend (higher close). In the 10[...]
  2018-07-19 19:29:24

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  BMW denies that they are to move production to China

  An earlier report is denied Earlier it was reported that BMW - citing trade concerns - was considering moving US production to China. Those rumors[...]
  2018-07-19 19:29:24

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