Category Archives: Forex News

US equities battled back after a slump at the open yesterday and they will have to do it again today. S&P 500 futures are down 33 points, or 0.6% in the premarket. Today is the third-last trading day of the year but and it’s notable that settlement changes now make Monday as the final day […]

The major US stock indices are opening lower with the Nasdaq index trading down near 1% on the day. A snapshot of the market 5 minutes into the open : Dow industrial average -200.03 points or 0.45% at 43125.77 S&P -43.20 points or -0.72% at 5994.39 Nasdaq -200.68 points or -1.00% at 19819.68 Russell 2000 […]

Stock heatmap by FinViz.com Fri, 27 Dec 2024 14:46:03 GMT Tech and Consumer Cyclicals Lead Today’s Market Declines Today’s market landscape saw notable declines in tech and consumer cyclical sectors, with significant drops across major stocks. Investors appear cautious as uncertainties loom across various sectors. 📉 Technology Sector: Under Significant Pressure Across the technology sector, […]

The major US stock indices are continuing their slide with NASDAQ now down -2.10% at 19,600. S&P is down -1.40% at 5952.00 Dow industrial average is down -0.98% at 42900.29 The Russell 2000 is down -40 24 points or -1.85% at 2239.20 US yields have started to move back to the lower after the sharp […]

The European major indices are closing higher on the day. That runs counter to the moves seen in the US stock indices which are down sharply as money rebalances out of US and into Europe (at least today). The final numbers are showing: German DAX, +0.68% France’s CAC, +1.0% UK’s FTSE 100, +0.16% Spain’s Ibex, […]

CFD broker Investizo has announced an improvement in trading conditions: now the company’s clients can trade cryptocurrencies with 1:200 leverage. This is one of the first offerings of its kind in the industry. The updated leverage is available for more than 30 popular cryptocurrency pairs such as BTCUSDT, ETHUSDT, LTCUSDT, XRPUSDT and others. This offering […]

WTI crude oil settled 98-cents higher today to $70.43. Oil traded up to $88 early last year but has been treading water near $70 for months. The opening level of the year was $71.65 so it’s on track for a small decline this year. Today’s EIA US oil inventory data: Crude -4237K vs -1867K expected […]

Treasury Secretary Janet Yellen fired off a warning shot to Congress today, flagging a critical debt ceiling timeline that could rattle markets in early 2025. Debt ceiling reinstates Jan 2 Default risk window: Jan 14-23 Treasury to deploy ‘extraordinary measures’ if needed The timing adds another layer of complexity to an already heated political environment […]

Closing changes: S&P 500 -1.1% Nasdaq Comp -1.5% DJIA -0.8% Russell 2000 -1.6% Toronto TSX Comp -0.2% On the week: S&P 500 +0.7% Nasdaq Comp +0.8% DJIA +0.4% Russell 2000 +0.1% Toronto TSX Comp +0.8% We get two more days of trading before the scoreboard resets at zero. This article was written by Adam Button […]

The USDJPY moved lower in the US session but after getting within 11 pips of the rising 100 hour MA. THe price has since bounced back to 157.84 currently as the buyers remain in firm control. THe last time the price tested the 100 hour MA was back on December 17 adn Deceember 18 before […]