Market in Review 4/9/2024
MARKET REPORT Review: – ALL EYES CPI TOM – AUD Hits 4-week high – CAD stocks hit record high – US Economic Optimism Index Falls. Exp 44.2 Act 43.2 – CAC closes at 4-week low – FED’s BOSTIC: IF JOB DATA SIGNALS PAIN TO COME, OPEN TO EARLIER CUTS – BOSTIC: IF DISINFLATION PACE RESUMES, COULD PULL […]
Market in Review 3/27/2024
MARKET REPORT Review: – Japanese officials jawbone after USD/JPY printed a 33yr high – SARB & Riksbank hold rates, as expected – India’s gold imports set to fall over 90% in March M/M – Strong 7yr auction – EIA Crude build, but not as large as private inventories – Reddit stock down 11% – Coinbase […]
Market in Review 3/13/2024
MARKET REPORT Review: – Traders waiting on PPI and Retail Sales data – Nvidia -1.1% post 7.2% surge – Wells Fargo downgrades Tesla, shares down 4.5% – SI up 3.5% – Spanish IBEX closes at highest level since 2018, STOXX 50 23yr high, STOXX 600/CAC both record – FTSE closes 10 month high – Japan’s […]
Market in Review 1/5/2024
MARKET REPORT Review: – NFP: – Exp +170 ‘actual’ 216K, above all but 2 estimates and the highest in 4 months, severely reducing the case for March rate cut – Rate Exp 3.7% Act 3.7% – Hourly earnings Exp 3.9% Act 4.1% – October revised down 45K from 150K to 105K – November revised down […]
