China house prices plunge even further in August, down 2.5% y/y (prior -2.8%)
Chinese New House Prices -0.3% m/m in August -2.5% y/y Used home prices -0.58% m/m — More: New home prices in first-tier cities -0.9% YoY in August prior -1.1% prices…
Deutsche Bank tips Fed to cut rates at September, October and December meetings this year
In a note on Friday last week Deutsche Bank shifted its outlook, now expecting the Fed to deliver three 25-bps cuts this year, one at each of the September, October…
If your chart is showing AUD/USD around 0.6630, get outta here! Pair trading around 0.6647
As I mention each week: As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable…
S&P 500 Futures Analysis & Forecast: 6600 Rejected as SPX Options Pin; Levels for the Week
S&P 500 futures (ES) looked strong for most of last week, climbing steadily and carrying bullish momentum. By Friday’s close, that strength was tested and rejected. Price stalled at the…
ECB’s Nagel: More rate cuts could threaten price stability:
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide…
Microsoft Technicals. Microsoft rebounds as shares retest key resistance at 200-hour MA
Microsoft is testing it 200 hour moving average Microsoft’s shares are on the run to the upside today after a series of positive catalysts. The company extended its partnership with…
The US dollar sags as we count down to Fed week
EURUSD 10 mins Treasury yields are 3-6 basis points higher on the day and that initially gave the US dollar a lift today but it’s fading. The dollar has been…
Tesla shares continue yesterday’s breakout with 7% surge
Yesterday I wrote about the breakout in Tesla shares: At the moment, earnings simply don’t matter and this chart shows a nice looking series of higher lows that could be…
Rick Reider said to have climbed the ranks for role of Fed chair
Blackrock’s Rick Rieder has evidently made the long list of Fed candidates and he impressed Scott Bessent, according to a Bloomberg report. I don’t think it’s any surprise that Rieder…
MOGU Stock Skyrockets Over 190% in Pre-Market on Game-Changing Crypto Pivot – Buckle Up, Folks!
Listen, if you’re glued to the markets like I am, you know those days when a stock just… explodes? Yeah, that’s MOGU today, and it’s got my attention in a…