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Day:
February 3, 2019
GBP/AUD shorts were the best trade this week
The Australian dollar was the top performer The week straddled two different months and included a big rally in risk assets and plenty of Brexit[...]
2019-02-03 15:50:30
S&P index tries to extend above 100 day MA
The 100 day MA is at 2710.95. The 200 day MA is at 2741.51 The S&P index is trading up about 9 points or 0.33%[...]
2019-02-03 15:50:30
Pres. Trump: He will be looking at national emergency for wall funding
I guess it that is not a surprise Pres. Trump said yesterday that the wall is being built already. Yet he still needs funding it[...]
2019-02-03 15:50:30
Other Trump comments: May meet Xi after visiting North Korea's Kim
He has been chatty lately and on a roll Coming off the China meetings, Pres. Trump is increasingly chatty. He adds now: Secretary of State[...]
2019-02-03 15:50:30
Baker Hughes oil rig count 847, down 15 rigs in current week
Total rigs 1045 vs 1059 The current price of crude oil futures trading at $55.19 up $1.40 or 2.6%. The price is trading at the[...]
2019-02-03 15:50:30
Video: What's next for CAD, GBP and gold
Be careful with gold next week I spoke with BNNBloomberg about CAD, GBP and gold. ForexLive
2019-02-03 15:50:30
Ford sales said to rise about 7% in January, GM down 7%
More auto sales numbers We're still waiting on the final tally on auto sales. Ford and GM are no longer announcing monthly sales but Bloomberg[...]
2019-02-03 15:50:30
How do stock markets perform in the Chinese Year of the Pig?
Lunar new year holidays mean China is closed all next week Chinese markets are closed throughout next week to celebrate lunar new year. 2019 is[...]
2019-02-03 15:50:30
ForexLive Americas FX news wrap: Dollar shrugs off strong non-farm payrolls
Forex news for New York trading on February 1, 2019: Markets: - Gold down $3.30 to $1318 - WTI crude up $1.50 to $55.29 -[...]
2019-02-03 15:50:30
What's coming up in the week ahead
Economic events to watch in the week of Feb 4-8 Monday February 4 - China markets closed through Friday - Euro zone PPI - US[...]
2019-02-03 15:50:30
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