United States Baker Hughes US Oil Rig Count down to 512 from previous 520

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US Dollar slaughters Scandinavian currencies and flirts with a three-month-high

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Share: US Dollar price action rallies with several BRIC countries coming out in favor of the Greenback. Fed members repeat the same message, foreshadowing an unchanged message from Powell at Jackson Hole on Friday.  The US Dollar Index strengthens as hope dampens for any near-term rate cuts. The US Dollar (USD) is being […]

United States 52-Week Bill Auction down to 5.06% from previous 5.13%

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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 […]

United States CFTC S&P 500 NC Net Positions increased to $-232.6K from previous $-263.7K

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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 […]

US Treasury Sec. Yellen: Good chance will go ahead with outbound investment controls on China

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Share: In an interview with Bloomberg on Monday, US Treasury Secretary Janet Yellen said that there is a good chance that they will go ahead with outbound investment controls on China, per Reuters. Key takeaways “China has seen slower growth than expected after covid reopening.” “Chinese consumers are more focused on rebuilding savings; Chinese are […]

US Dollar Index recovers slightly after dropping to a 15-month low on soft US inflation

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Share: US Dollar Index (DXY), which measures the US Dollar’s performance against a basket of six currencies, shows slight gains after reaching a fresh 15-month low of 99.578. June’s US CPI grew 3.0% YoY, underperforming the 3.1% forecast, while Core CPI fell by 0.5%. Concurrently, June’s PPI rose less than the expected 0.1% […]

United States CFTC S&P 500 NC Net Positions down to $-209K from previous $-207.2K

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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 […]

How will the Federal Reserve read US Consumer Price Index data?

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Share: Consumer Price Index in the US is forecast to rise 3.1% in June, down sharply from the 4% increase recorded in May. Core CPI inflation is foreseen at 5% YoY in June, compared to 5.3% in May. US CPI inflation report is set to influence the Fed’s rate outlook and the US […]