Gold buyers had their shot. Monday’s rebound stalled ahead of the familiar swing level near $4,226.81, and today the price has moved back below both its 100-hour and 200-hour moving averages. The…
Two districts reported moderate growth, three modest, four slight and three no change. In August, 10 grew and two were unchanged. Most districts reported little or no change in consumer spending. Employment…
It’s getting increasingly ugly in the stock market. The S&P 500 is at the lows of the day, down 98 points to 7706. The 1.3% decline is the largest since late July…
US stocks are lower, Treasury yields are higher, and oil prices are higher. That risk-off backdrop is weighing on Bitcoin. But for traders, the technical levels help answer the more practical questions:…
As London/European traders exit for the day, the major European stock indices are mostly higher. The UK’s FTSE 100 leads the gains, followed by France’s CAC. Italy’s FTSE MIB bucks the trend…
The US dollar is broadly stronger today and that briefly pushed it to the highest against the Canadian dollar since April 2025. The peak was 1.4299 (or 0.6993 CAD). The 70-cent level…
US stocks fall after CPI. Sellers make a play, but key support remains intact. Nasdaq 100 is closest to a key downside break as buyers defend support across the broader indices. The…
One of the biggest challenges for new traders is knowing which economic releases deserve the most attention. Economic calendars typically classify indicators as low, medium or high impact, but these labels can…
The US CPI came in higher than expectations and that has stocks lower, yields higher, and the dollar moving to the upside. Where are the problem areas? Energy is the immediate problem. Gasoline…
The stakes around the October Federal Reserve meeting suddenly got much higher. Today’s US CPI report was hot across the board, including in core measures that are less volatile than the energy-driven…
S&P 500 futures: CPI selloff threatens the recovery channel, with a lower support test in view S&P 500 E-mini futures have turned lower following the US CPI report, with the four-hour chart…
Building permits: +8.8% MoM vs +2.0% expected. Prior revised to -15.8% from -17.3%. Total permit value: $13.6 billion, up $1.1 billion. Residential permits: $8.5 billion, up $1.1 billion. Multi-unit permits: $5.8 billion,…
