• Between a rock and a hard place

  The market is caught between a rock and a hard place right now. On the one side, it wants to feel good about corporate earnings beats from the likes of Alphabet and Microsoft. On the other hand, its having a hard time getting away from ongoing worry around ongoing vulnerability in the banking sector. Audio […]

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• Solid earnings, above forecast data

  The market is feeling a little better as we get going in North American trade. Earnings beats from Alphabet and Microsoft have helped things along in this direction. Still, investors remain concerned about the banking sector. Wrap-Up Call

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• Bad vibes on more bank woes

  There were some heavy recession vibes in markets on Tuesday, this after worries re-emerged around the banking sector. First Republic bank revealed a larger than expected deposit drain, while UBS and Santander shared their own negative headlines. Audio Update Technical highlights EURUSD Looking for next higher low GBPUSD Setbacks should be supported USDJPY Possible bottom […]

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• Inflation worry still in the spotlight

  There’s an obvious risk off vibe into North American trade on this Tuesday. Some of this could be from Monday’s discouraging Fed surveys. And some of it could be from signs of upward pressure on inflation, not only in the US, but abroad. Wrap-Up Call

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• Discouraging Fed surveys inspire profit taking

  Monday’s round of Fed surveys produced discouraging results. The Chicago Fed poll reflected below trend growth, while the Dallas Fed survey came crashing down. Audio Update Technical highlights EURUSD Looking for next higher low GBPUSD Setbacks should be supported USDJPY Possible bottom forming AUDUSD Signs of major bottom USDCAD Strong base into 1.3000 NZDUSD Capped […]

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• Stocks trying to trade up to start the week

  Overall, risk sentiment is looking up as the week gets going. We’re still seeing some US Dollar strength against the commodity currencies, but US equity futures are trying to push higher and the Euro and Pound are up as well against the Buck. Wrap-Up Call

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• Market locked in a wait and see

  We haven’t seen much in the way of interesting price action in recent sessions. As things stand, the market is still trying to figure out where to next with respect to monetary policy moves. Audio Update Technical highlights EURUSD Looking for next higher low GBPUSD Setbacks should be supported USDJPY Possible bottom forming AUDUSD Signs […]

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• Trying to make sense of the price action

  We didn’t get a whole lot of volatility in Thursday trade, but what we did see was a mostly strange combination of a softer US Dollar and lower stocks. Audio Update Technical highlights EURUSD Looking for next higher low GBPUSD Setbacks should be supported USDJPY Possible bottom forming AUDUSD Signs of major bottom USDCAD Strong […]

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• Realities that can’t be ignored

  Rising interest expectations is a thing in 2023, as much as most investors would like it to not be the case. The stock market has been trying to avoid this reality but has not been able to shake it off in recent sessions. Wrap-Up Call

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• Investors can’t get away from inflation risk

  US rates were up for the fifth consecutive day on Wednesday and the US Dollar was able to rally as a consequence. The market has been forced to have a serious rethink about how it has been pricing the path forward with respect to monetary policy. Audio Update Technical highlights EURUSD Looking for next higher […]

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