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Symbol | Exchange | Currency | ||
---|---|---|---|---|
DX | Derived | USD | Real-time | |
DXc1 | ICE | USD | Delayed | |
DXc2 | ICE | USD | Delayed | |
DXc3 | ICE | USD | Delayed |
From my last Daily: “But, unless the market continues to broaden, we can almost take the Mag 7 stocks outperforming as a lack of confidence. Unless small caps can deliver.” As we ended this week,...
Markets had a volatile week, with US 100 (Nasdaq 100) reaching new highs and a strong likelihood of a Fed rate cut next week. Major central bank meetings dominate the week ahead. The BoJ faces a...
The premium on gold’s price might be cooling off, especially as the geopolitical conflicts start to cool as nations gear up for the new United States administration. This is why gold’s price has...
Copper, silver, and gold quite often move together, especially during the big moves. And this is currently very helpful. Given gold’s recent decline and a much bigger decline in silver and mining...
Fed seen cutting in December, pausing in January. BoJ leans towards keeping rates steady. Flash PMIs, UK and Canada CPIs, and core PCE also on tap. Fed Seen Taking the Sidelines in...
Mixed US PPI adds to uncertainty about Fed rate cuts. Lingering inflation concerns and rising yields push the dollar higher. Pound slips too as UK GDP contracts for second straight month. Fed...
On Wednesday, the Bank of Canada cut its key benchmark rate by 50bps. They have now cut by 150 bps in 2024, compared to what will likely be 100 bps for the Fed after next week’s meeting. Unlike the...
Bitcoin traders eye critical technical levels as potential catalysts align for a year-end breakout. Shifting macroeconomic conditions and institutional momentum could reignite bullish...
RBA has shifted to a less hawkish monetary policy stance. The interest rate swaps market has started to price in a higher chance of the first RBA interest rate cut to come in February 2025. The...
The US dollar is largely holding onto gains as this week’s US inflation data has come in on the firm side and kept USD rates supported. EUR/USD bears have also survived the ECB test, where Christine...
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