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<p>The major US indices are closing mixed with the Dow Industrial Average higher. The S&amp;P index is near unchanged and the NASDAQ index is lower.</p><p>The final numbers are showing:</p><ul><li>Dow Industrial Average rose 133.84 points or 0.35% at 38467</li><li>S&amp;P index fell -3.01 poin

<ul><li><a href="https://www.forexlive.com/news/us-january-consumer-confidence-1148-vs-1150-expected-20240130/">US January consumer confidence 114.8 vs 115.0 expected</a></li><li><a href="https://www.forexlive.com/news/jolts-job-openings-for-december-9026m-vs-8750m-estimate-20240130/">JO

<p>Earnings are a big risk for equities after the close with MSFT (-0.33% today) and GOOG (-0.9%) both reporting after the bell today.</p><p>The pair have been on a stellar run, including big gains so far this year. That's stretched multiples and raised the stakes ahead of today's reports.</p><p>The Nasdaq ha

<ul><li>We need to be further into the disinflationary process before cutting rates</li><li>The next move will be a cut</li><li>Wage data is critically important</li></ul><p>There has been a dovish turn from the ECB this week, including Nagel today. It's bizarre that they're waiting on

<p>The price of WTI crude oil futures is settling up $1.04 or 1.35% at $77.82. The high for the day reached $78.11. The low extended to $75.88.</p><p>Lower growth in Europe pressured the price early in the session. US production is also a negative for the price. However, momentum could not he sustained, the recover higher [&hellip

<p>Wednesday's FOMC decision is highly unlikely to feature a change in rates but it will set the tone for the next decision — on March 20 — that's highly uncertain.</p><p>For tomorrow, the odds of a cut are just 2% but at the March meeting, the market is pricing in a 42% chance of a cut. […]

<p>The EURUSD has had another up-and-down trading day today. The move to the upside did take the price above its 200 day moving average at 1.08413 and 100 hour moving average currently at 1.0849, but the momentum could not be sustained and the price rotated to the downside. The buyers had their shot. They missed.</p><p>What [&hell

<p>Kataib Hezbollah is the group that attacked the US base on the weekend, killing three and injuring dozens more. The group now says it's suspending military and security operations against US forces and that it took the decision to prevent "any embarrassment to the Iraqi government".</p><p>It's safe to say th

<p> Morgan Stanley outlines its strategic perspective on the USD for 2024, balancing its bullish long-term outlook with current recommendations against taking long USD positions.</p><p>Key Insights:</p><ol><li><p>Strategic Outlook for USD in 2024:</p><ul><li>Morgan Stanley forecasts a rise

<p>The broader US stock indices are getting it ahead of the earnings after the close including Microsoft and Alphabet. The NASDAQ index is leading the way with the decline of -124 points or -0.80% at 15504.51.</p><p>The S&amp;P index is now down -11 points or -0.22% at 4917.03.</p><p>The Dow Industrial Average rema