Wall Street paused on Thursday, and the S&P 500 fell for the first time in five days as stocks that had held steadiest through this year’s feverish swings gave back some of their gains.
Benchmark U.S. crude oil for July delivery rose 12 cents to settle at $37.41 a barrel Thursday. Brent crude oil for August delivery rose 20 cents to $39.99 a barrel.
There has been a lot of talk in the financial press about the shape of the COVID-19 recovery. V shapers view the huge 38% rally in the S&P 500 as predictive and a solid signal of a quick snapback. W shapers...
Italian bonds love the news as the BTP/Bund yield spread plunges 20bp to +174bp. EURUSD pops above 1.1230-50 resistance zone, but now falling as Lagarde speaks. Broader USD...
The EURUSD appears on pace going into today's European morning, to form its 1st red daily candle in 9 days. Significantly, odds are high for healthy profittaking occurring as early as following today's...
EURUSD shows an impulsive rally from 5.14.2020 low and dips should be supported. This article and video look at the Elliott Wave path.
Most Asian stock markets were mixed Thursday after Wall Street gain on surveys showing better U.S. jobs and manufacturing conditions than expected.
BERLIN (AP) — Germany’s governing parties agreed on a 130 billion euro ($146 billion) stimulus package Wednesday to help kick-start the economy, which like others around the world has taken a heavy...
Benchmark U.S. crude oil for July delivery rose 48 cents to settle at $37.29 a barrel Wednesday. Brent crude oil for August delivery rose 22 cents to $39.79 a barrel.
PBOC sets higher than expected USDCNY fix. USDCNH bounces, leads USD off lows. BTP/Bund spread widens back above +190bp ahead of tomorrows ECB meeting. Tomorrows OPEC+ meeting in...
Global equity markets are higher as hopes build for more economic stimulus.
TOKYO (AP) — Asian shares rose Wednesday after Wall Street extended its gains for the third straight day, driven by optimism over economies reopening from shutdowns to stem the coronavirus pandemic.
Benchmark U.S. crude oil for July delivery rose $1.37 to settle at $36.81 a barrel Tuesday. Brent crude oil for August delivery rose $1.25 to $39.57 a barrel.
Chinas foreign ministry says it has no information on directed halt to US soybean purchases. Chinas Global Times says firms continue to purchase US soybeans in line with market rules....
June S&P 500 futures advanced to their highest level since Mar 6 and NASDAQ futures are at their best levels since Feb 21.
Most setups traded nicely to the Asian European sessions
Let us look at what happened to those commodities that I wrote about last week and examine the critical values, according to the Model, going into this Friday.
EURAUD is falling sharply since March when pair found a top at 1.97 8 level from where we see an impulsive price movement.
GBPAUD shows an impulsive Elliott Wave structure from 5.4.2020 high and has scope to see more downside. This article & video look at the Elliott Wave path.
TOKYO (AP) — Shares were mostly higher in Asia on Tuesday, lifted by moves to reopen many regional economies from shutdowns aimed at containing the coronavirus pandemic.