S&P 500 and Nasdaq 100 Retain Fed-Induced Bullish Momentum Despite Weak GDP. Why?
[ad_1] US STOCKS OUTLOOK: S&P 500 and Nasdaq 100 rise for second day in a row despite negative GDP data Bets that the Federal Reserve will soon pivot to less…
EUR/USD Wavers Ahead of FOMC. Will the Fed Surprise with a 100 bp Rate Hike?
[ad_1] EUR/USD OUTLOOK: EUR/USD moves between gains and losses at the start of the week amid conflicting price action drivers The euro can’t take much advantage of the U.S. dollar…
Will the Japanese Yen Keep Weakening Against the US Dollar?
[ad_1] USD/JPY FORECAST: SLIGHTLY BEARISH USD/JPY has risen sharply this year, but it may have topped out amid peak Fed hawkishness Rapidly slowing U.S. economy activity may pave the way…
US Business Activity Shrinks, Heightening Recession Fears, July Composite PMI at 47.5
[ad_1] US PMI KEY POINTS: Flash US Composite output index falls to 47.5 in July from 52.3 in June, hitting a 26-month low Services PMI at 47.00 from 52.7 prior,…
Nasdaq 100 Rallies on Upbeat Sentiment, Tesla’s Earnings Top Forecasts. Now What?
[ad_1] US STOCKS OUTLOOK: U.S. stocks gain for the second straight day, buoyed by slowly improving sentiment The S&P 500 rises 0.59% while the Nasdaq 100 surges 1.55% Tesla’s results,…