The USD/CAD has declined in today’s trading, breaking below the lower boundary of the swing area between 1.4334 and 1.4348. For a bullish bias to emerge, the pair would need to climb back above this zone, signaling a potential failure of the break outside the “Red Box” that…
Read MoreIt’s a big week for US economic data that ramps up at the top of the hour with the simultaneous releases of: ISM services JOLTS job openings The consensus on the services PMI is an improvement to 53.3 from 52.1, but that’s still well-below the October high of…
Read More📈 Sector Overview The US stock market today paints a vibrant picture of mixed fortunes across sectors, with semiconductors driving significant gains thanks to standout performances from Nvidia (NVDA) and Micron Technology (MU). Meanwhile, the consumer electronic sector sees a dip with Apple (AAPL) struggling, highlighting sector-specific challenges.…
Read MorePrior was 52.1 Employment 51.4 vs 51.5 prior New orders 54.2 vs 53.7 prior Prices paid 64.4 vs 58.2 prior Business activity 58.2 vs 53.7 prior Supplier deliveries __ vs 49.5 prior Inventories __ vs 45.9 prior Backlog of orders __ vs 47.1 prior New export orders __…
Read MorePrior month 7.744M revised to 7.839M JOLTs job openings for November 8.098M vs 7.770M estimate. This article was written by Greg Michalowski at www.forexlive.com.
Read MoreCoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3701.1, down 1.1% (-39.29) since 4 p.m. ET on Monday. Four of 20 assets are trading higher. Leaders: APT (+4.6%) and ADA…
Read MoreS&P 500 futures are up 0.3% shortly before the open. The main driver of the gains is Nvidia, which is set to be the world’s largest company (once again) at the open. Shares are up 2.6% in the pre-market after unveiling a series of products late yesterday. One…
Read MoreSwiss CPI data met expectations today, coming in at -0.1% month-on-month and 0.6% year-on-year. These figures reinforce the dovish stance of the Swiss National Bank, likely supporting the USD/CHF amid ongoing concerns about higher U.S. inflation. In trading, the pair – before the data – dipped to a…
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