The tracker from the New York Fed “Positive surprises from labor and international trade data were only partially offset by negative surprises from the ISM manufacturing survey,” the New York Fed said.
I fear the worst I just had a vision of the entirety of trading in the year ahead and it’s a microcosm of what we saw today. It’s like Brexit and NAFTA on steroids. Every headline the moves markets is about a US-China trade deal or not.
Trump comments ForexLive
Kudlow on meeting I don’t think anyone was expecting that. Just continuing to talk and entering negotiations would be a win. Anything other than fresh tariffs would be a big win.
It’s the best month of the year for the dollar index The US dollar had a terrible start to November as it was beaten up across the board on November 1 with particular weakness against AUD, NZD and GBP.
November seasonals weakness in AUD I’m a bit late to the party this month but I’ll have a look at November seasonals up shortly. One thing to note is that it’s a tough month for the Australian dollar. AUD/USD is down in 8 of the past 11 years and the average decline over the past…
Weekly US oil and gas drilling stats ForexLive
The market has com Two things are weighing on the equity market: Talk of some kind of China ceasefire deal sent equity futures higher early but right away people sniffed a rat and an effort to boost stocks ahead of next week’s midterms. An abundance of sources have now seemingly refuted the original report.
Larry Kudlow on CNBC This is just more confirmation that there’s nothing going on in China. The leading theory is that someone in the White House tried to leak some deal rhetoric to Bloomberg in order to goose the stock market ahead of the midterms because every other reporter there can’t find any indication it’s…
Trump just tweeted this: I’m not kidding, he tweeted that, just the picture with the parody Game of Thrones font. It’s like he’s promoting a new season of The Apprentice.