Month: February 2019

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  NY Fed Q4 GDPNow 2.61% vs 2.57% prior

  The latest number from the NY Fed The tracker from the NY Fed edged up to 2.61% from 2.57%. The Q1 estimate rose to 2.39%[...]
  2019-02-03 15:50:30

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  A forex broker has opened up shop in the US for the first time in a decade

  IG Group is first new entrant since 2009 It's been a tough decade for forex brokers in the United States. Waves of regulation have thinned[...]
  2019-02-03 15:50:30

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  Fed's Kaplan: Inflation pressure likely to be muted in slower economy

  Comments from Kaplan ForexLive
  2019-02-03 15:50:30

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  European shares are ending the session with mixed results

  Italy PMI hurts the Italian markets The European shares are ending the session with mixed results. The outliers are the Italy and Spain markets.  Italy's[...]
  2019-02-03 15:50:30

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  USDJPY continues the run higher. New highs.

  Trend line at 109.60 THe USDJPY continues the run higher after breaking above the old broken trend line.   The upside is being helped by holding[...]
  2019-02-03 15:50:30

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  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

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  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

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  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

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  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

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  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

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