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Day: March 15, 2023

Trading Strategies

Natural Gas Prices Struggling at Support as a Falling Wedge Pattern Brews

Posted onMarch 15, 2023

Natural gas prices are struggling to clear support as a bullish chart formation brew on the 4-hour chart. Still, the broader bearish technical bias remains …

forex Breaking news
Breaking News

‘Big Short’ investor Steve Eisman says if the Fed is scared to raise rates, you should be scared, too

Posted onMarch 15, 2023

Steve Eisman said if the spreading banking crisis stops the Federal Reserve from raising interest rates next week, investors should be fazed by that.

forex Breaking news
Breaking News

Stocks making the biggest moves after hours: Credit Suisse, Adobe, UiPath and more

Posted onMarch 15, 2023

These are the stocks posting the largest moves in after hours trading.

Market News

EUR/USD Craters on Banking Sector Woes ahead of ECB. Will the Doves Prevail?

Posted onMarch 15, 2023

EUR/USD plunged on Wednesday on risk-off sentiment as the U.S. banking sector turmoil spread to Europe, calling into question the ECB’s ability to hike rates …

forex Breaking news
Breaking News

Oil tumbles to lowest level since December 2021 as banking crisis routs markets

Posted onMarch 15, 2023

West Texas Intermediate futures fell more than 6% to $66.85 per barrel. That would be WTI’s biggest one-day drop since July 12, 2022.

Sentiment

GBP/JPY IG Client Sentiment: Our data shows traders are now net-long GBP/JPY for the first time since Feb 09, 2023 when GBP/JPY traded near 159.32.

Posted onMarch 15, 2023

Traders are further net-long than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger GBP/JPY-bearish contrarian trading …

Market News

Crude Oil Prices Sink to 15-month Low on Rising Supply, Elevated Fear

Posted onMarch 15, 2023

Crude oil has fallen sharply this week, with the banking crisis and excess supply pushing WTI to levels last tested in December 2021.

forex Breaking news
Breaking News

Oil tumbles 6%, heads for worst day since July as banking crisis routs markets

Posted onMarch 15, 2023

West Texas Intermediate futures fell more than 6% to $66.85 per barrel. That would be WTI’s biggest one-day drop since July 12, 2022.

forex Breaking news
Breaking News

Oil tumbles nearly 7%, heads for worst day in six months as banking crisis routs markets

Posted onMarch 15, 2023

West Texas Intermediate futures fell more than 7% to $66.24 per barrel. That would be WTI’s biggest one-day drop since July 12, 2022.

forex Breaking news
Breaking News

Goldman Sachs cuts GDP forecast because of stress on small banks, which are key to U.S. economy

Posted onMarch 15, 2023

Goldman on Wednesday lowered its 2023 economic growth forecast, citing a pullback in lending from small- and medium-sized banks.

DailyFX

Global Risk Markets Slump On Increased Bank Contagion Fears

Posted onMarch 15, 2023

The Wednesday Market Oulook with Nick Cawley gives a report on the latest changes in the financial markets, providing timely fundamental, economic and technical analysis …

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Recent Posts

  • JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say
  • Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more
  • Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally
  • Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?
  • Wall Street IG Client Sentiment: Our data shows traders are now net-short Wall Street for the first time since Mar 07, 2023 when Wall Street traded near 32,870.10.
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