Author: Admin
Iran cannot withstand much more of the bombing, a strategist contends, and the rest of the world will eventually coordinate a response, thereby eventually eliminating Iran’s leverage.
News Algos in Trading: Why Markets Suddenly Spike on Headlines Algorithmic Trading Anyone trading during the current geopolitical crisis has likely noticed sudden spikes and dips appearing out of nowhere, leaving traders asking the same question: What’s the news? As traders know all too well, it is often the reaction to the news rather than the news itself that matters most. Sometimes the market’s response is logical. Other times it seems completely irrational. When that happens, traders can feel like they are the only sane person in an insane asylum. The Trading World Has Changed In the past, traders who…
“I’m on top of the hill with a view in both directions,” reports John Kelly, whose animated short ponders life in retirement and the meaning of time.
South Korea’s presidential office said in a statement on Sunday, “we will communicate closely with the US regarding this matter and make a decision after careful review.”Takayuki Kobayashi, policy chief of Prime Minister Sanae Takaichi’s ruling Liberal Democratic Party (LDP), told public broadcaster NHK, “I regard the threshold as extremely high for sending Japanese navy ships to the region under existing Japanese laws.”US President Donald Trump renewed his calls for allies to help secure the Strait of Hormuz in a post on Truth Social on Saturday.“….the Countries of the World that receive Oil through the Hormuz Strait must take care of that…
“I can draw $4,300 a month in Social Security if I retire this summer.”
Newsquawk Week In Focus: Highlights include US/China meet, NVDA GTC, FOMC, BoJ, BoE, ECB, RBA, and SNB Week in Review WEEKEND: US/China Meeting MON: Chinese Retail Sales (Jan-Feb), Canadian Inflation (Feb) TUE: RBA Policy Announcement, German ZEW Survey (Mar), Japanese Trade Balance (Feb) WED: BoC Policy Announcement, FOMC Policy Announcement and Press Conference, CBRT Minutes (Mar), US PPI (Feb), Japan Shunto Response THU: BoE Policy Announcement, BoJ Policy Announcement, ECB Policy Announcement, Riksbank Policy Announcement, SNB Policy Announcement, RBA FSR, Norges Bank Regional Network Survey, Eurogroup summit, European Council (1/2), UK Jobs Data (Jan/Feb) FRI: PBoC LPR (Mar), CBR…
Trump’s executive order opens the door for Sable Offshore’s production in Southern California.
The Euro finalized the week posting losses of over 1.74% against the Greenback and 0.84% in the day. The EUR/USD posted four bearish days after falling below the 200-day Simple Moving Average (SMA) at 1.1672, turning the pair bearishly biased. At the time of writing, the pair trades at 1.1414.EUR/USD Price Forecast: Technical OutlookWeekly analysisThe EUR/USD weekly chart shows the pair is dipping below 1.1450, opening the door to further downside. Momentum is bearish as the Relative Strength Index (RSI) turned negative three weeks ago, after falling below the 50-neutral level.Hence, the most likely scenario for EUR/USD is to extend…
Ulta Beauty’s stock was among the S&P 500’s biggest decliners after a downbeat earnings outlook.
Statistics Canada will release its Labour Force Survey on Friday, and market participants expect a modest uptick in job creation in February, with the Employment Change foreseen at 10K following the -24.8K in the previous month. At the same time, the Unemployment Rate is forecast at 6.6%, following the 6.5% posted in January. Employment data gains relevance ahead of the Canadian Consumer Price Index (CPI) data scheduled for next Monday, and the Bank of Canada (BoC) monetary policy announcement a couple of days later. The BoC left its benchmark interest rate unchanged at 2.25% for a second consecutive time at…