Author: FX
Prior month -$308 billion Federal budget deficit $164 billion versus $156.75 billion estimate. A year ago, the deficit was $161 billionDetails:Fiscal 2026 year-to-date deficit $1.169 trillion versus $1.307 trillion in 2025. Down 11% YoYMarch Net customs receipts and $22.16 billionBudget outlays $549 billion versus $528 billion in March 2025Receipt $385 billion, record for month of March, versus $368 billion in March 2025.Corporate refunds up 77%individual refunds up 9%Defense spending 3% higher compared to one year agoSome additional looks:War-related outlays, such as for replenishing weapons inventories, would come in later months.Customs duty collections softened in the month following the U.S. Supreme…
The Israeli Broadcasting Authority is reporting that PM Netanyahu approves every attack launched in Beiriut (Lebanon).Pres. Trump is trying to get Israel and Netanyahu stop the attacks in Lebanon on Hezbollah. According to this report if there are additional tariffs, the buck stops at Netanyahu (and threatens the peace process).As we head into the weekend, stocks are giving back earlier gains, with both the Dow and S&P slipping into negative territory. The Dow is down -0.63% and the S&P is lower by -0.19%. The NASDAQ is still holding modest gains of +0.17%, but well off its session highs where it…
The major European indices are closing the day with mixed results. The gains were led by Italy’s FTSE MIB which is closing just below its all-time high price reached back to 2000 at 48909.04.Spain’s Ibex close at 18204.31, which is getting close to its all-time high close of 18573.83. A look at the daily closes showsGerman DAX (DEU40): -0.01% France’s CAC 40 (CAC40): +0.17% UK’s FTSE 100 (UKX): -0.03% Spain’s IBEX 35 (IBC): +0.55% Italy’s FTSE MIB (FTMIB): +0.59%for the trading week, the indices are all higher: German DAX, +2.74%France’s CAC, +3.73%.UK’s FTSE 100 +1.57%Spain’s Ibex, +3.69%Italy’s FTSE MIB, +4.35%…
Iran’s parliament speaker, Mohammad Baqer Qalibaf, said in a post on X on Friday that two previously agreed measures, a ceasefire in Lebanon and the release of Iran’s blocked assets, must be implemented before negotiations begin.Qalibaf posted on X:“Two of the measures mutually agreed upon between the parties have yet to be implemented: a ceasefire in Lebanon and the release of Iran’s blocked assets prior to the commencement of negotiations.These two matters must be fulfilled before negotiations begin.”Market reactionThe US Dollar Index (DXY) fell towards 98.60 earlier in the day, but seems little changed by the news. US Dollar Price…
Small-cap healthcare stocks with A+ grade EPS revisions ahead of earnings Source link
FUNDAMENTAL OVERVIEWUSD:The US dollar sold off across the board on Wednesday after Trump announced on Truth Social a two-sided ceasefire agreement for two weeks while the US and Iran negotiate a lasting peace deal. Since then, the price action became more rangebound due to Israeli attacks against Lebanon which the Iranians have been saying was part of the ceasefire agreement. The good news is that Iran held off from retaliating ahead of the peace talks in Islamabad this weekend. But the uncertainty has been keeping the markets in check, nonetheless. Everything hinges on these peace talks as the restart of…
Silver price (XAG/USD) trades in a tight range around $75.00 during the European trading session on Friday. The white metal consolidates as investors await the United States (US) Consumer Price Index (CPI) data for March and the outcome of negotiations between the United States (US) and Iran on a permanent ceasefire in the Middle East, which are scheduled in Pakistan over the weekend.According to estimates, the US headline CPI grew strongly by 3.3% Year-on-Year (YoY) against the previous reading of 2.4%. The core CPI – which strips off volatile food and energy items – rose at a faster pace of…
Greggory DiSalvo/iStock Editorial via Getty ImagesGermany’s Deutsche Lufthansa (DLKAF) is facing major travel disruption after a cabin crew strike called by the UFO union, with more than 500 flights expected to be canceled. The one-day strike, scheduled for April 10, runs from 00:01 to 22:00 CET, primarily affecting Source link
The Sniper Entry Indicator is a technical analysis tool built for the MetaTrader 4 platform that generates buy and sell signals based on price momentum and trend direction. Unlike basic moving average crossovers, this indicator combines multiple data points to filter out weak signals and focus on entries that have a higher statistical chance of success. When conditions align, the indicator plots arrows directly on the chart—typically a blue arrow for long entries and a red arrow for short entries. These arrows appear at specific candles where the indicator’s algorithm detects favorable conditions. Traders don’t need to calculate anything manually…
With the two-week US-Iran ceasefire under strain, crude oil sits at a technical crossroads as traders are holding out for further developments to gauge if a brief dip or a longer-term pullback is due. Source link