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  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
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Day: March 20, 2023

Market News

Dow Jones, S&P 500 Gain as Bank Sector Volatility Cools Ahead of the Fed

Posted onMarch 20, 2023

The Dow Jones and S&P 500 gained as bank sector volatility cooled, causing traders to firm Fed rate hike bets for Wednesday. The Nasdaq/Dow ratio …

Market News

Fed Preview: US Dollar and S&P 500 Could Take Diverging Paths After FOMC Decision

Posted onMarch 20, 2023

The Fed will announce its policy decision on Wednesday. Markets expect the FOMC to raise rates by 25 bp to 4.75%-5.50%, though a pause in …

forex Breaking news
Breaking News

JPMorgan advising First Republic on strategic alternatives, including a capital raise, sources say

Posted onMarch 20, 2023

JPMorgan Chase is advising embattled First Republic Bank on strategic alternatives, sources tell CNBC’s David Faber.

forex Breaking news
Breaking News

Stocks making the biggest moves midday: First Republic, UBS, Virgin Orbit, Dell and more

Posted onMarch 20, 2023

First Republic fell sharply once again, while UBS popped after acquiring rival Credit Suisse.

forex Breaking news
Breaking News

Bitcoin briefly tops $28,000 for the first time in 9 months after bank crisis sparks weekend rally

Posted onMarch 20, 2023

Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in the traditional banking sector.

Market News

Gold Price Forecast: Bullish Momentum Wilts After Fake Breakout. Now What?

Posted onMarch 20, 2023

Gold prices lose upward momentum after failing to break above the psychological $2,000 level decisively but maintain a bullish technical outlook.

Sentiment

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.

Posted onMarch 20, 2023

Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger Wall Street-bullish contrarian …

Market News

FTSE Price Forecast: UK Stocks Rally as Markets Contemplate Overreaction

Posted onMarch 20, 2023

The prior resilience of the FTSE 100 index appears at risk as the very exposure to financials and energy that held it in good stead …

forex Breaking news
Breaking News

Bitcoin climbs above $28,000 to a 9-month high as Treasury yields slide on bank crisis

Posted onMarch 20, 2023

Bitcoin climbed over the weekend as some investors turned to digital currencies amid a crisis in the traditional banking sector.

forex Breaking news
Breaking News

UBS shares reverse losses, Credit Suisse craters 55% after takeover deal

Posted onMarch 20, 2023

UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic in the banking sector.

forex Breaking news
Breaking News

UBS shares reverse losses, Credit Suisse craters 50% after takeover deal

Posted onMarch 20, 2023

UBS agreed to buy Credit Suisse as part of a cut-price deal designed to alleviate panic in the banking sector.

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Recent Posts

  • Tesla stock pops on partnership with General Motors. Here’s what the experts have to say
  • Ron Insana says an A.I. bubble may be forming, but we’re not there yet
  • NZDUSD up today, but stalls near 38.2% of the May trading range
  • Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more
  • EURUSD falls back to the key swing area. Can support hold?
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