Author: FX
Western Texas Intermediate (WTI) resumed its uptrend after a report by the Wall Street Journal (WSJ) spurred a fall of 3% on speculations that one of Source link
STOCK MARKET WEEK AHEAD OUTLOOK: BEARISH TO NEUTRALS&P 500 and Nasdaq 100 close the week higher despite rising Treasury yieldsThe Fed’s hawkish monetary policy outlook remains a key risk for stocksPowell’s testimony before Congress and the February U.S. employment report will take the spotlight next week Recommended by Diego Colman Get Your Free Equities Forecast Most Read: USD/JPY Retains Bullish Outlook, Fundamentals Undermine the Japanese YenU.S. bond yields extended their recent rally this past week despite a moderate pullback on Friday, rising across most maturities amid a hawkish repricing of the Fed’s monetary policy outlook in the wake of hotter-than-expected…
Eastgroup Properties declares $1.25 dividend Source link
ISM SERVICES KEY POINTS:ISM Services PMI slows to 55.1 from 55.2, topping expectations calling for a larger pullback to 54.5The new orders and the employment indices extend their recovery, prices paid move down moderatelyU.S. dollar, as measured by the DXY index, trims session losses amid economic resilience Recommended by Diego Colman Get Your Free USD Forecast Most Read: EUR/USD Price Update – European Union PMI Miss Still Cause for OptimismA gauge of U.S. business services activity was virtually unchanged in February following an unexpected rebound at the start of the year, a sign that the economy remains extremely resilient despite…
> Canada Q4 labour productivity -0.5% vs +0.6% prior Canadian labour productivity data Adam Button Friday, 03/03/2023 | 13:31 GMT-0 03/03/2023 | 13:31 GMT-0 Prior was +0.6% (revised to -0.3%) ADVERTISEMENT – CONTINUE READING BELOW Tags ADVERTISEMENT – CONTINUE READING BELOW Most Popular ADVERTISEMENT – CONTINUE READING BELOW ADVERTISEMENT – CONTINUE READING BELOW Source link
Share: USD/JPY comes under selling pressure on Friday and retreats from a fresh YTD peak. Retreating US bond yields prompts some USD profit-taking and drags the pair lower. The divergent Fed-BoJ policy outlook should help limit deeper losses for the major. The USD/JPY pair comes under some selling pressure on Friday and reverses the previous day’s positive move to the 137.10 area, or its highest level since December 20. The pair maintains its offered tone through the early North American session and is currently placed near the lower end of its daily range, just a few pips above…
EU PMI data generally fell below rather lofty estimations, maintaining optimism that Europe may escape a recession in 2023. ECB Interest rate expectations hit 4% Source link
I’m sure you’ve heard your fair share of inspirational, zero-to-hero success stories. I’m also willing to bet that at least once in your life, you’ve said to yourself, “Hey, maybe I can make it too.” However, I think very few people understand the amount of dedication that successful people have – whether it’s in sports, a career, or life in general – to achieve what they accomplished. Aspiring traders are especially vulnerable to ignoring the importance of the trait. There are lots of non-market types (e.g., engineers, IT professionals, retirees, poker players, etc.) who jump into the unforgiving world of forex trading with…
If you would look at the different types of trading strategies, you would notice that there two common themes among these strategies. Strategies are either reversal strategies or continuation strategies. Most strategies fall into either one of these classifications. Some fall on one end of the spectrum and some on the other end of the spectrum. Either type of strategy could work very well when used properly in the right market condition. Different traders look at the market differently. One trader might use a reversal type of strategy, while another trader may look at it as an opportunity for a…
Hibbett Sports GAAP EPS of $2.91 misses by $0.04, revenue of $458.3M misses by $18.27M Source link