Extreme Investor Optimism At Risk From Momentum-Trade Derailing
Extreme Investor Optimism At Risk From Momentum-Trade Derailing Authored by Simon White, Bloomberg macro strategist, Retail investors’ historically stretched…
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Extreme Investor Optimism At Risk From Momentum-Trade Derailing Authored by Simon White, Bloomberg macro strategist, Retail investors’ historically stretched…
The Australian dollar has extended its gains on Tuesday. In the European session, AUD/USD is trading at 0.6557, up 0.26%. On today’s data calendar, the US will release two tier-1 events. Durable goods orders are expected to rebound with a 1.1% gain in February, after a 6.1% slide in January. The Consumer Board consumer confidence index is expected to tick up to 107 in February, up from 106.7 in January.
Americans are feeling a tad optimistic about jobs and their finances in November, according to a recent survey.
Australian CPI expected to rise to 5.2% The Australian dollar is in negative territory on Tuesday. In the North American session, AUD/USD is trading at 0.640
Stocks to watch out for today: Tata Steel, Coforge, UCO Bank, Titan, Adani Wilmar, MRF and more