US Dollar paints quote board green after Jobless Claims sets the record straight

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The US Dollar erases losses and turns green against major peers.  This week’s Initial Claims number comes in stronger than expected.  The US Dollar index pops back above 103.00 and turns green for this Thursday.  The US Dollar (USD) turns profitable again after the Initial Jobless Claims came in stronger than expected. This number helps […]

US Dollar sees earlier recovery reversing with US session seeing selling pressure on equities again

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The US Dollar is recovering from Monday’s meltdown and advances against the Japanese Yen.  Overnight, the RBA confirmed the Fed’s stance that a few data points are not enough to change the narrative.   The US Dollar index flirts with a break above 103.00 and could turn this week’s performance into positive territory.  The US Dollar […]

Wild opex and three black crows

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Ever since Wednesday, Nasdaq found no respite with very few S&P 500 sectors providing refuge. Even Russell 2000 – one of my key picks for clients after CPI – started to undergo a healthy correction off very overbought levels. The fundamental backdrop of rates going lower and USD to ultimately follow suit too, has not […]

United States CFTC Gold NC Net Positions rose from previous $254.8K to $285K

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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]

Natural Gas drops like a stone as powerhouse China prints sluggish economic data

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Natural Gas dips lower at the start of the week on the EU Gas storage report.  Chinese economic numbers are deteriorating again, easing Gas demand.  The US Dollar index trades choppy on the back of Trump’s shooting over the weekend.  Natural Gas price (XNG/USD) slides lower on Monday after European data showed Germany’s Gas storage […]

Trump safe after shots fired in assassination attempt at Pennsylvania rally

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In a fateful incident during a rally in Butler, Pennsylvania on Saturday, Former President Donald Trump was injured in an assassination attempt. Several bullet shots were fired at Donald Trump’s rally and one such shot ripped the upper part of his right ear. Trump was immediately rushed to a safer place by the  Secret Service and […]

United States UoM 5-year Consumer Inflation Expectation fell from previous 3% to 2.9% in July

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Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any […]

Consumer Price Index rises 3% in June vs. 3.1% expected

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Inflation in the US, as measured by the change in the Consumer Price Index (CPI), declined to 3% on a yearly basis in June from 3.3% in May, the US Bureau of Labor Statistics (BLS) reported on Thursday. Developing story, please refresh the page for updates. Follow our live coverage of the market reaction to […]