US CPI was in line with expectationsStocks react sluggishlyToday’s main risk events: Inflation expectations and consumer sentiment DJ rally has escalated with the market moving higher in a steeper angle.…Read More
DJ rallies as markets expect for a lower CPI readingDAX remains strong with investors betting there’s no recession aheadToday’s CPI release is likely to create big trading opportunities Economists expect…Read More
DJ tested the support and ralliedNasdaq turns medium term bullishHigher than expected CPI, but no strong rally in AUDUSD After raising the benchmark short-term rate quite aggressively in 2022 the…Read More
DJ retraced back to 33 430 levelDAX lost upside momentum as expectedMarkets cautious ahead of Powell speech Traders have been cautious ahead of Powell’s speech today. He has been constantly…Read More
NFP beat expectationsWage growth slowed down ISM Services PMI Friday’s strong rally against the dollar resulted from forward-looking data (wages and the services PMI) suggesting lower inflation while the lagging…Read More
Analysts expect to see 200K new jobsADP came in at 235K vs. upwardly revised 182K in NovemberISM: Manufacturing activity contracting two months in a row In November 261K jobs were…Read More
Minutes: The Fed prepared keep the rates high for longerDAX rallies as German and French inflation slowsGold keeps on rallying Fed officials warned in their Meeting Minutes that the central…Read More
German inflation came in lower than expectedDAX remained relatively strong Tesla and Apple news pressured US stocks Lower than expected German inflation numbers supported DAX and pressured EUR yesterday. Later…Read More
China to receive Covid vaccines for free from the EUStocks are gaining in ChinaDAX, DJ and Nasdaq trade higher The EU sending Coronavirus vaccines to China for free has improved…Read More
Does the combination of down day and up day predict bullishness?USOIL tested from 2020 to 2022 looks promisingSee what happens with the out of sample data (1998 to 2020) Uptrend…Read More
