Blogs

<p>The US Treasury announcement of its borrowing plans ahead shoved the US dollar lower and gave upward impetus to 'risk' pretty much across the board:</p><ul><li><a href="https://www.forexlive.com/news/treasury-q1-quarterly-refunding-estimate-760-vs-816-billion-prior-20240129/" target="_self"

<p>The US stocks got a kick higher after the lighter-than-expected treasury refunding estimates. That pushed yields lower and stocks higher. </p><p>The Dow and S&amp;P indices both closed at record-high levels. The Nasdaq index is still over 4% from its all time high close but was the biggest winner of the three major indices

<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.

<p>Jobs data from Japan and retail sales data from Australia on an otherwise sparse data agenda. </p><p>Retail sales should attract some interest. For the previous month, November, the dollar amount was AUD36.5bn, a record monthly high. Expectations are for a dip in the December number due today. There is some distrust of the figu

<p>The lower than expected borrowing numbers from the Treasury is leading to:</p><ul><li>Stocks moving higher</li><li>Bond prices moving higher/yields lower, and the</li><li>USD to the downside.</li></ul><p>Looking at the US stock market, the NASDAQ index is now up 163 points or 1.05

<p>One of the triggers in the rout on bonds in Sept/Oct of last year was rising US Treasury borrowing.</p><p>However better growth and borrowing that was more-weighted towards short-duration turned the tide in all markets in late October. Since then, falling yields have helped the Treasury towards sustainability and stronger growt

<ul><li>Last year, the Treasury estimated Q1 borrowing needs at $816 billion, now expects to borrow $760 billion</li><li>Expects to borrow $202 billion in the April-June quarter, assuming end-June cash balance of $750 billion</li><li>Says it borrowed $776 billion in Q4 — in line with estimates — and &

<p>After rising to a high price of $79.29, the price of crude oil fell sharply to a low of $76.41. It is settling at $76.78. That's down $-1.23 or -1.58%.</p><p>China's Evergrande was ordered to liquidate its holdings after failing on interest payments. That was cited as a negative for the price of crude oil. Geopolitica

<p>The BOE and the FOMC will both meet this week. The BOE will announce their rate decision on Thursday at 7:00 AM ET. Meanwhile the FOMC will report its decision on Wednesday at 2 PM ET.</p><p>Both central banks are expected to keep rates unchanged, but traders will be eyeing the expectations for rate cuts going […]

<p>There is no fear of the Fed or of earnings in trading as the stocks move to new session highs. </p><p>The S&amp;P index moved up 13.74 points in the current hour of trading and in the process got within two points of the all-time intraday high reached on Friday at 4906.69. The high price today […]