US Treasury Cuts Quarterly Borrowing – US Market Wrap
– Wall Street’s busy week kicked off with gains in both stocks and bonds, with the Treasury surprising several traders after cutting its quarterly borrowing estimate to $760 billion.– Treasury yields fell, lifting the tech-heavy Nasdaq 100 up 1% ahead of results …
Morning Juice – US Session Prep
Good Morning Traders!It is Monday the 29th of January and here is what to look out for today. SentimentThe dollar held steady this morning, while Treasuries rose, as traders anticipated a week of central bank decisions, corporate earnings, and rising Middle East …
Week Ahead: Economic Indicators (US)
Hey, Traders!For the January 29th week, here is a list of all of the major economic indicators being released during the US Session, with a brief synopsis of what they represent and what to possibly expect from the markets in reaction. Tuesday …
Bond Yields Gain on Bets that the Fed is in No Rush to Ease – US Market Wrap
Treasuries fell as Wall Street grappled with mixed economic data, with traders betting the Federal Reserve will signal patience before deciding whether to cut rates this year. Bond losses were led by shorter maturities as data showed personal spending exceeded expectations, despite …
Morning Juice – US Session Prep
Morning, Traders!It is Friday the 26th of January, here are some things to look out for today. SentimentA bleak earnings forecast from Intel has put the Nasdaq 100 index on track for a lower open, after a six-day rally fueled by a …
Strong US Data – US Market Wrap
– Due to expectations that the US economy will continue to be relatively robust and that inflation will start to decline, Wall Street traders drove equities to yet another record high.– With the US GDP data beating recession forecasts and supporting corporate …
US GDP Q4 Advance: Breakdown
OverviewReal US gross domestic product grew at an annual rate of 3.3% in the fourth quarter of 2023, as per the “advance” estimate from the Bureau of Economic Analysis. This follows a growth of 4.9% in the third quarter. The rise in …
Morning Juice – US Session Prep
Morning, Traders!It is Thursday the 25th of January, here are some things to look out for today. SentimentThis morning, the dollar remained stable as traders awaited key US economic data, including fourth-quarter GDP and initial jobless claims. The euro was little changed …
BoC Hold – US Market Wrap
– US market indexes ended the day below session highs on Wednesday as investors braced themselves for yet another round of significant quarterly reports as earnings-related excitement spurred by Netflix subsided.– The tech-heavy Nasdaq 100 surged 0.5%, while the S&P 500 saw …
US S&P PMI January Prelim: Breakdown
On Wednesday, the 24th of January, S&P released its January preliminary PMI report for the US. Here’s the breakdown. The latest data for the US S&P Composite PMI indicates an actual value of 52.3, surpassing the forecast of 51 and the previous …
