Richard Tang, head of global markets at Rokos Capital Management, stated in a Bloomberg Television interview that the Federal Reserve is unlikely to loosen monetary policy this year. Despite market expectations...
Overnight precious metals are higher after yesterday’s explosive rally.
The dollar index (DXY00 ) dollar today recovered from an early 5-week low and is up +0.25%. The dollar is seeing support from a rebound in T-note yields. Today’s US economic reports were mixed for...
Apple (AAPL) shares have nearly erased their year-to-date losses, surging almost 12% after a strong earnings report and the announcement of the largest stock buyback in U.S. history. The iPhone maker is...
#5 | Big Bushels U.S. corn yields haven't hit/exceeded so-called trend (USDA’s initial print) since 2018 and although 2023 was a record-high yield at 177.3 - it fell well-below the 181.5 trend. In four...
General Motors trades at quite depressed valuations, but the stock looks due for a rerating - and if the company can deliver on EV profitability while maintaining strong ICE margins, GM could be potentially...
GameStop and AMC are experiencing their second consecutive day of declines, as the meme-stock frenzy that reignited earlier this week begins to fade. GameStop's shares plunged as much as 20% on Thursday,...
E-mini S&P and E-mini NQ futures closed at record highs, Silver touch $30, are these breakouts for real?
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.09%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.13%. US stock indexes this...
Cattle futures perked up in yesterday’s trade and are knocking on the door of a breakout. These are the levels to keep an eye on in today’s trade.