No Santa Claus rally for the oil bulls

WTI crude oil settled decrease by 48-cents after buying and selling greater earlier within the day. There are some constructive indicators that China will stimulate demand within the 12 months forward and that ought to enhance provide/demand…

AUDEUSD skims alongside close to th e low for the yr.

The AUDUSD moved greater within the early Asian buying and selling after the Christmas hiatus and the transfer greater took the worth above the 100 hour MA (blu e line at the moment at zero.6239). The break gave consumers some hope within…

US sells 7-year notes at four.532% vs four.555% WI

four.532% is the high-yield on the public sale This text was written by Adam Button at www.ubaidahsan.com. Source link

EURUSD trades to new highs and again above the 50% midpoint on the day by day chart

The EUR/USD is edging greater, reaching a brand new day by day excessive whereas breaking above the 50% midpoint of the buying and selling vary because the September 2022 low, which stands at 1.04053 (see day by day chart).On the hourly chart,…

Shameless plug. Attacking Foreign money Developments by Emma Wang. A cut price on Amazon

It’s a "quiet" information day immediately—the day after Christmas (and Boxing Day in lots of elements of the world). On this "all is calm" day, I wished to share one thing you won't know: I’ve written a guide that enhances my technical…

GBPUSD stays beneath the 100 hour MA right now. Bears keep in management.

Whereas UK merchants have a good time Boxing Day, the GBP/USD is underneath stress, falling to new session lows and increasing its decline additional away from the downward-sloping 100-hour shifting common. The pair opened the post-Christmas…

The USDJPY is testing the excessive from final week

The USD/JPY is buying and selling at a brand new excessive for the day, reaching final week’s peak of 157.918—the best degree since July 18. The day started close to session lows at 157.122 however noticed an acceleration throughout the…

Tech and healthcare maintain regular whereas Netflix dips: A complete view of immediately's market

Sector Overview: Tech and Healthcare Present ResilienceIn the present day's inventory market heatmap reveals stability within the expertise and healthcare sectors amidst broader market fluctuations. Whereas main tech gamers like Microsoft…

US shares open decrease - however not as dangerous as pre-market ranges

The US shares are opening decrease, however not as dangerous because the pre-market ranges implied by the futures.A snapshot of the market is displaying:Dow -115 level Friday factors or -Zero.27% at 43181.45S&P -15.Zero factors or -Zero.25%…

US Preliminary jobless claims 219Ok vs 224Ok estimate

Prior week 220Ok Preliminary jobless claims 219Ok vs 224okay estimateFour-week transferring common 226.5K vs 225.5K estimatePrior week persevering with claims 1.874M revised to 1.864MPersevering with claims 1.910M vs 1.880M estimateFour-…