<p>There wasn't anywhere to hide today as a rout in Beijing kicked off a round of selling everywhere. Rising Treasury yields certainly didn't help nor did Lagarde's pushback against rate cuts.</p><p>Closing changes:</p><ul><li>Stoxx 600 -1.1%</li><li>German DAX -0.9%</li><li>
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USD/JPY hits 148.50 as the non-stop rally continues
<p>USD/JPY today cleared the last major hurdle standing in the way of a yet-another retest of 150.00.</p><p>It rose above the 61.8% retracement level from November-December slump, cruising through and adding another 100 pips beyond it. It's up 130 pips to 148.50.</p><p>The pair has soared higher from 144.50 at the
Gold is lower as yields move higher, the dollar moves higher. What about the technicals?
<p>The price of gold has moved lower today and in the process is trading at its lowest level since mid-December. The higher US rates and higher dollar are helping to trigger sales. The next target comes against the $2000 level. Below that mark the 100 and 200-day moving averages at $1972 and $1964. On the […]
Interactive Brokers Q4 2023 Revenues Surge on Options Volume
<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2022/04/Interactive-Brokers-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="Interactive Brokers" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="&qu
US Retail Sales rose more than expected in December
Retail Sales in the US rose 0.6% on a monthly basis in December to $709.9 billion, the data published by the US Census Bureau showed on Wednesday.
United States Retail Sales (MoM) came in at 0.6%, above forecasts (0.4%) in December
United States Retail Sales (MoM) came in at 0.6%, above forecasts (0.4%) in December
Canada Raw Material Price Index came in at -4.9% below forecasts (-1.6%) in December
Canada Raw Material Price Index came in at -4.9% below forecasts (-1.6%) in December
United States Export Price Index (MoM) below forecasts (-0.6%) in December: Actual (-0.9%)
United States Export Price Index (MoM) below forecasts (-0.6%) in December: Actual (-0.9%)
United States Import Price Index (MoM) came in at 0%, above forecasts (-0.5%) in December
United States Import Price Index (MoM) came in at 0%, above forecasts (-0.5%) in December
United States Import Price Index (YoY) fell from previous -1.4% to -1.6% in December
United States Import Price Index (YoY) fell from previous -1.4% to -1.6% in December