In this week’s market update, we take a look at the most important event that moved the markets at the end of last week. Jackson Hole meetings finally moved the markets after a boring few days, ...
With billions in economic losses and unknown supply chain shocks to come following devastating and historic flooding in Texas, S&P futures are virtually unchanged (down less than 0.1% at time of w...
Fundamental Forecast for EUR/USD: Neutral – ECB President Draghi’s speech at Jackson Hole didn’t explicitly do anything to promote a stronger Euro, but it certainly do anything to dissuade...
Last week was another mixed affair for the world’s major markets with US markets and the FTSE making gains. Friday marked the final trading session for August for the purposes of these reports and o...
The US dollar’s pre-weekend losses were extended initially in Asia before it recovered sufficiently to give European participant a better selling level. The dollar selling into the shallow b...
Previous: On Friday August 25th, trading on the euro/dollar currency pair closed 1.02% up. Before Janet Yellen’s speech in Jackson Hole, the euro was trading around the LB balance line within a ra...
The overarching narrative for this week shouldn’t be materially different from last week – people will be concerned about the same things, namely the looming debt ceiling debate, the odds of a gov...
The fourth week of August provided an almost textbook example of how stock prices behave when investor expectations are closely aligned with the signals being sent by the economy’s major players...
AT40 = 38.6% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 48.0% of stocks are trading above their respective 200DMAsVIX = 11.3Short-term Trading Call: neutral C...
The slow pace of the markets is likely to come to an end as traders prepare for a busy September. The week ahead will start off on a somewhat slow note but picks up the pace by mid-week. Economic d...