Sun: Japanese Upper House Election Mon: PBoC LPR; Canadian PPI (Jun), US Leading Index (Jun), New Zealand Trade (Jun), UK CBI (Jul) Tue: UK PSNB (Jun), US Richmond Fed (Jul) Wed: EZ Consumer Confidence Flash (Jul) Thu: ECB & CBRT Policy Announcements; EZ, UK & US Flash PMIs (Jul), US Weekly Claims, National Activity Index … Read more
Is the dollar let out of the dog house just yet? Well, not exactly. The latest recovery in the greenback in the past two weeks comes as Trump is threatening tariffs once again. It’s a more moderate version of Liberation Day one might say, with TACO trades seemingly fully priced in before this. So, what’s … Read more
Ethereum (ETH!) Futures Technical Analysis: Bulls Remain in Control, Targeting $4,000 Today’s (weekend) analysis covers Ethereum futures (ETH!) continuous contracts. Although pricing slightly differs from spot markets such as Binance or Coinbase, the core technical principles apply. Key Levels and Price Action from the above ETH Futures Technical Analysis Video: The weekly chart reveals critical … Read more
investingLive.com Breaks Down NVIDIA Stock: orderFlow Intel and Expert Analysis Q: What significant event impacted NVIDIA’s stock price recently? A: NVIDIA’s stock experienced a substantial upward move on July 15th, driven by news that the company resumed selling its advanced H20 AI chips to China. The U.S. government’s assurances removed previous uncertainties, prompting institutional investors … Read more
USDCHF technicals The USDCHF pushed higher earlier this week, breaking above the 100-bar MA on the 4-hour chart (blue line) on Tuesday. Aside from Wednesday’s sharp dip on the “Powell will be fired” headlines, which quickly reversed, the pair has held above that MA support – keeping the buyers in play. On the topside, the … Read more
US stocks open mixed with the: NASDAQ up 0.32% Dow industrial average is down -0.08% S&P index is up 0.20% The small-cap Russell 2000 is up 0.52%. Both the S&P and the NASDAQ index closed at record levels yesterday. Netflix shares are down $60 or -4.71% at $1213 after earnings. The price fell below its … Read more
GDPNow GDP growth estimate The Atlanta Fed GDP now growth estimate for second-quarter remain unchanged at 2.4%. In their own words: The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 2.4 percent on July 18, unchanged from July 17 after rounding. After this morning’s housing … Read more
Prior month 60.7 University of Michigan consumer sentiment 61.8 versus 61.5 estimate. Expectations index 58.6 versus 55.0 estimate. Prior month 58.1 Current conditions index 66.8 versus 63.9 estimate. Prior month 64.8. 1 year inflation expectations 4.4% down from 5.0% last month 5 year inflation expectations 3.6% down from 4.0% last month Surveys of Consumers Director … Read more
EURUSD has moved to the 200 hour MA at 1.1667, and the low of swing area between 1.1663 to 1.1691. The swing area not only provided support from the end of June into July, but was a key swing area going back to April to November in 2021 (see chart below). This article was written … Read more
The top GOP House China committee member in a letter to US Commerce Secretary Howard Lutnick, said that he objects to resumption of Nvidia H20 chip shipments to China. The shares are sharply higher this week on the re-opening of China to the chips. Nvidia shares are lower on the day Shares of Nvidia reached … Read more
