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After nearly two years of falling bond prices as the Fed raised rates at fastest pace in history, it is now clear they are done raising, as disinflation is now appearing.
The EUR/USD pair trades in the 1.0850 price zone, little changed on a daily basis and confined to familiar levels.
Early signs from the U.S. Futures Index suggest that Wall Street might open lower on Thursday. The weekly jobless claims, import and export prices, industrial production, and homebuilder confidence data might be the highlight today.
(Reuters)Following the substantial rally seen in the previous session, stocks saw some further upside during trading on Wednesday. The major averages fluctuated over the course of the session but managed to end the day modestly higher. Decrease in producer prices in the month of October.Yesterday's Technical Review usingWB's Emini Clock and Wyckoff's Tape Reading principlesThere
Early signs from the U.S. Futures Index suggest that Wall Street might open lower on Thursday. The weekly jobless claims, import and export prices, industrial production, and homebuilder confidence data might be the highlight today.