US Futures Dip, Watch M, TIF, PCG, CHK, HDS, CASY
The S&P 500 Futures are losing ground after they charged higher yesterday as investors’ appetite for risky assets was boosted by the Federal Reserve’s announcement of widening its Main Street lending program. For a second straight session the Nasdaq 100...
Asia Morning: Nasdaq 100 Index At Record For Second Day
On Monday, U.S. stocks charged higher as investors’ appetite for risky assets was boosted by the surprisingly upbeat May jobs report. Investors’ confidence was also boosted by the Federal Reserve’s announcement of widening its Main Street lending program. For a...
Canadian Housing Starts Still Resilient in May
Housing starts bounced back to normal-looking 193K in May Quebec starts rebounded after April construction shutdown Go-forward risks remain, but recent economic data has been less discouraging than expected Canadian housing starts bounced back to 193.5K in May after falling...
Euro Trading A Tad Higher In The Morning Session
For the 24 hours to 23:00 GMT, the EUR declined 0.44% against the USD and closed at 1.1289 on Friday. On the data front, Germany seasonally adjusted factory orders dropped 25.8% on a monthly basis in April, due to the...
Weekly Economic and Financial Commentary: Was April the Bottom?
U.S. Review Was April the Bottom? Data this week continued to suggest the U.S. economy hit rock bottom in April. Still, it is a long road to recovery and the pickup in economic activity will be gradual. In what was...
The Weekly Bottom Line: America Starts Getting Back to Work Sooner than Expected
U.S. Highlights Investors appeared to shrug off some recent concerning developments, focusing instead on the reopening of the economy and nascent signs of growth. Economic data offered some support to this narrative. While jobless claims data had continued to point...
Forward Guidance: A Brutal April Gives Way to a (Somewhat) Brighter May
The surprise increase in employment in both Canada and the US in May added to a growing list of evidence that economic activity bottomed out in April, albeit after plumbing previously unthinkable depths. The gains themselves were unexpected, given the...
Oil Market Week Ahead: What is the Meaning of the Early OPEC Meeting?
OPEC ministers will gather in front of their computer screens for the cartel’s video conference on Saturday in a meeting that has been brought forward from its scheduled 9 June date, most likely to avoid data showing poor compliance with...
Week Ahead – Recovery Hopes to Remain Front and Centre as Fed to Sit Out June Meeting
As global markets set their sights on a quick recovery from the COVID-19 crisis, key economic data for April – when the pandemic impact is thought to have peaked – will likely be sidelined next week. The Federal Reserve might...
The Recovery Already Started, Stocks and Treasuries Soar
The Recovery already started, stocks and treasuries soar, Oil’s NFP bounce hits a wall, Gold tanks on robust labor report US stocks continue to rock and roll after a better than expected nonfarm payroll report suggest the economic recovery already...
Signal2forex.com - Best Forex robots and signals




