Gold rises back to the upper bound of a 4-month long range. Will we get a breakout?
[ad_1] The upside in gold has been supported since Powell’s dovish tilt last Friday. Inflation expectations kept on climbing, while…
Category: Market Analysis
Next week’s ADP report might be the most important of the year
[ad_1] The ADP data has diverged with the NFP many times in the past. We’ve seen countless times the market…
Octa broker’s expert on 3 things about trading he wished he knew sooner
[ad_1] There is no universal recipe for success in trading. However, there are some baselines you should follow to have…
Atlanta Fed GDPNow tracker for Q3 growth jumps to 3.47%% vs 2.18% prior
[ad_1] From the agency: the GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter…
S&P 500 and Nasdaq extend losses as Nvidia drags the markets lower
[ad_1] The S&P 500 and the Nasdaq are getting dragged lower as Nvidia shares extend losses. The catalyst was the…
University of Michigan consumer sentiment (final) for August 58.2 vs 58.6 prelim
[ad_1] Prior 61.7 Current conditions 61.7 vs 60.9 prelim Prior 68.0 Expectations 55.9 vs 57.2 prelim Prior 57.7 Inflation expectations:…
NVIDIA Weakness Persists While SPY Holds Firmer
[ad_1] Even after the much-anticipated NVIDIA earnings, the order flow picture is telling two very different stories between the stock…
France August preliminary CPI +0.9% vs +1.0% y/y expected
[ad_1] Prior +1.0% HICP +0.8% vs +0.9% y/y expected Prior +0.9% The monthly headline figure does show that consumer prices…
US Core PCE for July YoY 2.9% vs 2.9% expected
[ad_1] Prior 2.8% Core PCE M/M 0.3% vs 0.3% expected Prior 0.3% Headline PCE: PCE Y/Y 2.6% vs 2.6% expected…
Canada GDP for June -0.1% vs 0.1% expected
[ad_1] Prior month -0.1% Advanced estimate for the month of July +0.1% GDP Q2: Q/Q annualized -1.6% vs -0.6% Prior…