Copper prices plummet as new tariffs (and lack of) shake markets
The price of copper is having one of the worst days on record (if not the worst day – I…
Category: Signals
Trump and Mexico Pres. Sheinbaum scheduled to speak this morning
Present Trump and Mexican Pres. Sheinbaum are scheduled to speak this morning. Mexico is set present it tariff proposal one…
Stocks open sharply higher led by Microsoft and Meta
The major US stock indices are opening higher with the NASDAQ index leading the way. The gains are led by…
Canada GDP for May -0.1% vs -0.1% expected
Prior month -0.1% Advanced estimate for the month of June +0.1% The goods-producing industries edged down in May, driven primarily…
US initial jobless claims 218K vs 224K estimate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.…
Barclays no longer sees the ECB cutting rates in September
Ahead of the July meeting, Barclays saw two rate cuts for the ECB left for this year – one in…
US Treasury secretary Bessent: China are tough negotiators
We pushed back on them quite a bit We have the makings of a deal Will speak to Trump later…
US July Challenger layoffs 62.075k vs 47.999k prior
US-based employers announced 62,075 job cuts for the month of July this year. Compared to the same month last year,…
Big tech earnings still in focus as we look to the day ahead
After the earnings beats from both Microsoft and Meta yesterday, Wall Street will be buoyed heading into the open today.…
Germany July unemployment change 2k vs 15k expected
Prior 11k Unemployment rate 6.3% vs 6.4% expected Prior 6.3% German unemployment rises slightly less than expected in July as…