The latest PMI business surveys from the euro area will hit the markets early on Wednesday, starting with the French numbers at 08:00 GMT. They are expected to confirm the economy is headed straight into Read more…
The Australian dollar edges higher vs its US counterpart on Tuesday, after daily Tenkan-sen (0.6591) provided firm ground for a four-day pullback from Nov 15 peak (0.6797). Aussie regained traction on renewed risk mode, but Read more…
Catch the latest news moving the market ahead of a series of Federal Reserve Speakers live at 9:30 a.m. ET, Tuesday, November 22. Watch TheStreet’s Market Open: More on Today’s Top Stories: Stock Market Today: Read more…
Retail sales fell 0.5% month-on-month (m/m) in September, in-line with Statistics Canada’s advance estimate. Adjusting for the impact of inflation, the volume of sales was down just 0.1% on the month. Statistics Canada’s advance estimate Read more…
Daily Pivots: (S1) 1.0311; (P) 1.0359; (R1) 1.0412; More… Outlook in EUR/USD remains unchanged and intraday bias stays neutral. Consolidation from 1.0481 could extend further. As long as 1.0092 resistance turned support holds, further rally Read more…
Daily Pivots: (S1) 1.1766; (P) 1.1837; (R1) 1.1895; More… Sideway trading continues in GBP/USD and intraday bias remains neutral for the moment. Further rally is expected as long as 1.1644 resistance turned support holds. On Read more…
Daily Pivots: (S1) 0.9549; (P) 0.9574; (R1) 0.9616; More… USD/CHF retreats after hitting 4 hour 55 EMA and intraday bias stays neutral for the moment. Further decline is still expected with 0.9680 resistance intact. Below Read more…
US futures Dow futures +0.47% at 33723 S&P futures +0.5% at 3964 Nasdaq futures +0.45% at 11607 In Europe FTSE +0.65% at 7429 Dax +0.1% at 14400 Fed speakers to indicate a slowdown in rate Read more…
At the time of writing gold was higher on the day thanks to weakness in US dollar, in what has been a rather quiet week so far. Despite its recent sharp recovery, question marks remain Read more…
Daily Pivots: (S1) 140.77; (P) 141.51; (R1) 142.86; More… USD/JPY retreated ahead of 142.45 minor resistance and intraday bias remains neutral first. On the upside, firm break of 142.45 will turn bias back to the Read more…