This week we got a lot of important economic data: Tuesday: Case-Schiller home price index (+4.6% est.), new home sales (+682K est.), and consumer confidence (94.2 est.) The 30-year average fixed...
Gold Declines, but Geopolitical Tensions Support its Price The gold (XAU/USD) price declined by 0.68% on Friday as traders took profit on their long positions. The US Dollar Index (DXY) moved higher,...
Market Overview: S&P 500 E-mini Futures The S&P 500 E-mini is forming a weekly E-mini minor pullback. The bulls must create consecutive bull bars closing near their highs to show they are...
Risk Assets continue to struggle despite some gains in the S&P 500 and Dow Jones. On the economic data front, we have PMI and inflation figures in the US, Europe, the UK, and the Asia...
Building a secure retirement requires a reliable stream of income that can support your lifestyle without depleting your savings too quickly. A dividend investing strategy offers a way to generate...
Dollar Ignores Powell’s Dovish Soundbites The US dollar has been on a positive footing since the March FOMC meeting, as Fed Chair Jerome Powell downplayed the risk of a recession while maintaining...
The US Dollar has been trading in a tight range against its major rivals for the past two weeks, and the Dollar Index is gently forming a bottom after an impressive oversold condition. However,...
MON: EZ/UK/US Flash PMIs (Mar) TUE: PBoC MLF Announcement, NBH Announcement, German Ifo Survey (Mar), US Richmond Fed (Mar) WED: BoC Minutes, CNB Announcement, Australian CPI (Feb), UK CPI (Feb),...
The University of Michigan Consumer confidence survey for March plunged to 57.9 versus the estimate of 63 and 65.7 in the month prior. And yet, inflation expectations in the same survey hit a 32-year...
