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Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being discussed. The market responded by raising 50 bps cut probabilities to around 40% from 13% before the news. Nick Timiraos is considered a Fed “insider”, so the market…

Fundamental Overview Last Thursday, WSJ’s Timiraos published an article which seemed suggesting that a 50 bps cut was still being discussed. The market responded by raising 50 bps cut probabilities to around 40% from 13% before the news. Nick Timiraos is considered a Fed “insider”, so the market…

Prior -77.3Economic sentiment 3.6 vs 17.0 expectedPrior 19.2 This article was written by Justin Low at www.forexlive.com.

There are a couple to take note of, as highlighted in bold. The first one is for EUR/USD at the 1.1125 level. It rests at the 38.2/61.8 Fib retracement level of the swing lower since August, so there’s that. But if anything else, the expiries could just keep…

German DAX futures +0.5%UK FTSE futures +0.6% Apple shares weighed on the tech-heavy Nasdaq in Wall Street trading but the Dow closed at a fresh record high. The breakdown for the latter can be found below (h/t @ Yahoo Finance). So, European equities just have some catching up…

Today we have quite a few top-tier economic releases. In the European session we just have the German ZEW which is expected at 17.1 vs. 19.2 prior. The most important releases will be in the American session when we will get the Canadian CPI, the US Retail Sales…

Eurostoxx +0.5%Germany DAX +0.5%France CAC 40 +0.6%UK FTSE +0.7%Spain IBEX +0.8%Italy FTSE MIB +0.5% The risk mood today is also in a decent spot, with S&P 500 futures now up 0.15%. Nasdaq futures are up 0.27% while Dow futures are up 0.11% currently. In FX, major currencies are…

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Santander Consumer has announced a significant expansion of its small business vehicle financing program, making it available to all automotive dealers on its platform. This move positions Santander as one of the few major lenders offering small business vehicle financing at dealerships across the country, providing much-needed solutions…