[ForexChaser.com] The U.S. employment data is taking a very wild ride lately, considering that just a few months back, the U.S economy added 431K jobs to the economy. Today, the labor numbers for the month of July hit the newswires at -132K, being the second consecutive time when U.S. economy losses jobs. The vast majority [...]... (Continue reading)
Apr.27.2010 By Michael P. Regan Bloomberg Stocks tumbled, with Europe’s benchmark index sliding the most since November, while the dollar and Treasuries rallied, as credit-ratings cuts on Greek and Portugal spurred concern that indebted European nations are moving closer to default. The Stoxx Europe 600 Index slid 2.7 percent at 11:33 a.m. in New York, [...]... (Continue reading)
Feb.15.2010 Dollar Index The 4 hour trend is long. The Usd has been bought in the move to the safety of Usd based Treasuries. Traders now have separation in regard to the differing percentage moves that are being made on each pair. Take care going long-Usd while the global risk markets re-connect the dots and [...]... (Continue reading)
Jan.26.2010 The Atlanta Fed’s Weekly Highlights points out that only $12.7B of the $175 agency debt and $110B of the agency MBS purchase programs remain to be deployed. With the $300B in Tsy purchases dried up already from last fall, this means 92.5% of QE liquidity has been injected, and less than $125B remain. This [...]... (Continue reading)
Dec.17.2009 Wall Street trade has pushed S&P futures to the lows of the overnight session at 1090 (-1.5%), gold has dropped to test bids at 1100 (-2.5%), at the same time as oil hits the low of the day at 71.00 (-1.5%). The dollar impact has been to send euro through the lows of the [...]... (Continue reading)
Dec.09.2009 Equity Futures: Dow +24.00. S&P +0.70. NASDAQ +8.00. Japan Nikkei -100.00. German Dax -6.00 U.S. Trade: Trading volumes were subdued in Wednesday trade, with the major U.S. indexes barely moving throughout the overnight session, then moving heavily in the cash market, to then finish near to the opening prices. At the end of trade [...]... (Continue reading)
Dec.07.2009 Equity Futures: Dow -21.00. S&P -1.40. NASDAQ +1.00. Japan Nikkei +65.00. German Dax -5.00 U.S. Trade: U.S. markets were trading above the breakeven line during the first part of the day, posting small gains, but in the middle of the cash session the major U.S. indexes slipped lower, trading into the red territory. The [...]... (Continue reading)
Dec.03.2009 Equity Futures: Dow -21.00. S&P -1.40. NASDAQ +1.00. Japan Nikkei +65.00. German Dax -5.00 U.S. Trade: What was expected to be a volatile day due to the release calendar being loaded with important economic reports, turned out to be a flat day, with little movement in the financial market. This was seen in the [...]... (Continue reading)
Dec.01.2009 Equity Futures: Dow 10.00. S&P +1.70. NASDAQ +3.75. Japan Nikkei +32.00. German Dax +5.00 U.S. Trade: The major U.S. indexes are heading towards the yearly highs as positive momentum was seen around the globe on Tuesday. Optimistic news reports coming from the housing market and strong commodity gains added crucial points in Tuesday trade. [...]... (Continue reading)
Nov.23.2009 Equity Futures: Dow +117.00. S&P +13.40. NASDAQ +24.50. Japan Nikkei +55.00. German Dax +15.00 U.S. Trade: The global equity market saw strong momentum during the early U.S. trading session, but since the gang-buster start that was fueled by overnight futures trade breaking higher the momentum faded as the market approached a 13-month high. The [...]... (Continue reading)