Category Finance

Prior +1.4%Market index 266.8 vs 233.7 priorPurchase index 146.1 vs 138.6 priorRefinance index 941.4 vs 757.8 prior30-year mortgage rate 6.15% vs 6.29% prior This article was written by Justin Low at www.forexlive.com.

Post Content

Post Content

The pair was trading around 1.3160 prior to the UK CPI report here. But it is trading to fresh session highs of 1.3205 currently. Looking at the near-term chart above, it’s still not indicative of much. Buyers are in near-term control but there is some daily resistance around…

A couple of details from the report for September: Private consumption shows movements of picking up recentlyBusiness investment shows movements of picking upIndustrial production shows movements of picking upThe employment situation shows movements of improvementExports are almost flatConsumer prices have been rising moderately This article was written by…

Fundamental Overview Crude oil rebounded from the lows as the buyers might be looking forward to the Fed’s easing cycle. As a reminder, the positioning in crude oil is at record lows and the sentiment is very bearish. These factors can generally offer great contrarian opportunities. The main…

Prior +2.6%Core CPI +2.8% vs +2.8% y/y prelimPrior +2.9% No changes to the initial estimates for the August readings. It just reaffirms the slow path of the disinflation process in recent months, keeping the ECB on their toes. The central bank has said that they will pause rate…

Fundamental Overview Copper has been on a sustained downtrend since reaching its peak in May. A lot of the weakness has been attributed to the struggling economic recovery in China. Copper is sensitive to the manufacturing cycle, and after a pickup in the first half of the year,…

A lot of Hezballah pagers blew up yesterday but what will it do to the oil market? Some people thought oil might surge but the chart and price action does not care about what we think. Here is oil technical analysis I see but please do your own…

Post Content