Technical Analysis Dow Jones Technical Analysis – Watch this key resistance Yesterday, the US ISM Services PMI beat expectations by a big margin and caused a selloff in the Dow Jones. The market pricing for future …
Technical Analysis Russell 2000 Technical Analysis – The bears are targeting a key support Posted onSeptember 7, 2023 Yesterday, the US ISM Services PMI beat expectations by a big margin and caused a selloff in the Russell 2000. The market pricing for future …
Technical Analysis Gold Technical Analysis – Watch the US data Posted onSeptember 7, 2023 The US data has started to miss expectations in the past few weeks which gave Gold a tailwind as it’s sensitive to interest rates expectations. …
Central Banks BOJ’s Nakagawa: Further YCC tweak cannot be ruled out but is not an imminent issue now Posted onSeptember 7, 2023 Strong outcome in next year’s wage talks would be a necessary condition, though not a sufficient one to contemplate pursuing end of negative rates Want …
Technical Analysis S&P 500 Technical Analysis – The sellers are back in control Posted onSeptember 7, 2023 Yesterday, the US ISM Services PMI beat expectations by a big margin and caused a selloff in the S&P 500. The market pricing for future …
Central Banks BOJ’s Nakagawa: No preset idea on order or timing on how to phase out easy policy Posted onSeptember 7, 2023 Sees equal degree of upside and downside risks to inflation Can exit NIRP when economy is strong enough But there is no preset idea on …
Market Outlook Euro Holds Ground Ahead of ECB as US Dollar Flexes. Where to for EUR/USD? Posted onSeptember 7, 2023 The Euro backed away from recent lows today with the US Dollar ascendency taking a breather. The ECB meet week and the market is uncertain …
Central Banks RBA Gov Lowe says risk if sticky inflation materialises would need tighter policy Posted onSeptember 7, 2023 Reserve Bank of Australia Governor Lowe in his final public speech as Governor. Deputy Governor Bullock takes over as the new head of the Bank …
Central Banks Bank of Canada Governor Macklem is speaking today, Thursday, 7 September Posted onSeptember 7, 2023 Bank of Canada Governor Tiff Macklem gives a press conference due at 15:30 Eastern time, which is 1930 GMT On Wednesday: Bank of Canada holds …
Central Banks There is a barrage of 6 Federal Reserve speakers due today, Thursday, 7 September Posted onSeptember 7, 2023 Here are the speakers from the Federal Reserve I have listed for today. A few more could well pop up in media interviews and what …
Cryptocurrency Texas paid bitcoin miner Riot US$31.7 million to shut down during heat wave in August Posted onSeptember 7, 2023 CNBC carry the report on a nice little earner for crypto miner Riot Platforms. During the crypto boom of 2021, Riot Platforms was raking in …