The US Dollar (USD) managed to leave behind a drop to multi-week lows and regain some upside traction on Tuesday, while market participants assessed the NFP Annual Revision amid speculation of a larger rate cut by the Federal Reserve at its meeting next week. Here’s what to watch on Wednesday, September 10: The US Dollar…
S&P 500 did correct a little in price intraday, but it‘s the sectoral perspective that counts to me most in saying whether that‘s been enough for now, or not – I disccuss that at sufficient length in today‘s video. TSLA corrected to client-given low $320s, NVDA is breaking out, that tech outperformance and leadership lasts…
Here is what you need to know on Friday, January 17: Markets remain in a cautiously optimistic mood, digesting the stronger-than-expected Chinese growth and activity data, while staying nervous before US President-elect Donald Trump’s inaugaration and amid looming tariffs. China’s economy expanded by 5.4% in the fourth quarter of 2024, exceeding the market’s expectation of…
Here is what you need to know on Monday, November 11: Markets remain cautiously optimistic at the start of a new week, following a record-setting rally on Wall Street last week. Disappointment with China’s 10 trillion yuan ($1.4 trillion) fiscal stimulus package and soft inflation data raise concerns over economic prospects, sagging investors’ confidence. China’s…