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 … [Continue reading]
Japan CFTC JPY NC Net Positions down to ¥89.2K from previous ¥106.6K
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 … [Continue reading]
Eurozone CFTC EUR NC Net Positions fell from previous €125.5K to €123.4K
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 … [Continue reading]
Dow Jones Industrial Average struggles after NFP jobs miss knocks sentiment lower
The Dow Jones tumbled over 1.85% on Friday peak-to-trough.US NFP jobs figures came in well below expectations alongside steep revisions.A shuddering labor market has reignited hopes for more Fed rate cuts soon.The Dow Jones Industrial Average (DJIA) … [Continue reading]
Fed’s Bostic admits Fed is in a “difficult environment” as jobs data flashes warning signs
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic noted on Friday that the latest round of US Nonfarm Payrolls (NFP) jobs data, including revisions, is certainly cause for rate conversation at the Fed, but inflation metrics are still an … [Continue reading]
Indian refineries under pressure for buying Russian oil – Commerzbank
US President Trump has threatened India with punitive tariffs of an unspecified amount on top of the general tariff rate of 25% for purchases of Russian weapons and Russian energy, Commerzbank's commodity analyst Barbara Lambrecht notes. Russia … [Continue reading]
Australian Dollar moves little as traders adopt caution ahead of US Nonfarm Payrolls
The Australian Dollar remains steady as Trump keeps the 10% baseline tariffs on Australian goods unchanged.China’s Caixin Manufacturing PMI slipped to 49.5 in July, down from 50.4 in June, and below the 50.3 expected.US Nonfarm Payrolls is expected … [Continue reading]
Australian Dollar loses ground following China’s dismal PMI
The Australian Dollar struggles as Q2 Producer Price Index rose 0.7% QoQ, falling short of expectations.China’s Caixin Manufacturing PMI slipped to 49.5 in July, down from 50.4 in June, and below the 50.3 expected.US Nonfarm Payrolls is expected to … [Continue reading]
Dow Jones Industrial Average struggles after PCE inflation accelerates again
The Dow Jones explored the bearish side on Thursday, testing below 44,500.The Dow is missing out on another bullish push in large tech stocks.US PCE inflation and consumer income data ticked higher in June.The Dow Jones Industrial Average (DJIA) … [Continue reading]
EUR/CHF slides to multi-month low as Euro struggles amid trade woes
EUR/CHF drops to its lowest level since May 5, extends four-day losing streak.The Swiss Franc strengthens on safe-haven demand and strong June Retail Sales data.US President Donald Trump extends the tariff deadline with Mexico by 90 days, but warns … [Continue reading]