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,…
Prior was 3.4% Unrounded +3.738% vs +3.397% prior CPI m/m +0.6% vs +0.6 exp Prior CPI was +0.4% Core readings: Core y/y 2.6% vs 2.5% expected Prior core was 2.4% Core unrounded…
It is CPI day, and the next shove for the dollar, Treasury yields and stocks could arrive at 8:30 AM ET. In the morning video above, I take a look at the…
It is CPI day, and traders are waiting for the next shove. In the morning video above, I take a look at EURUSD, USDJPY and GBPUSD from a technical perspective, outlining the…
It is CPI day, and traders are waiting for the next shove. In the morning video above, I take a look at EURUSD, USDJPY and GBPUSD from a technical perspective, outlining the…
Headlines: Bitcoin consolidates in a tight range ahead of the US CPI. What to watch next? Nasdaq analysis today as price is dancing around yesterday’s close (but probably not for long) Crude…
