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<p>The major US stock indices are closing mixed once again. The Dow Industrial Average eked out a small gain. The S&amp;P index and the Nasdaq index fell and closed near the lows for the day. A snapshot of the closing levels shows:</p><ul><li>Dow Industrial Average Rosa 10.13 points or 0.03% at 37440.33</li><li&

<p>DoubleLine Capital’s deputy chief investment officer Jeffrey Sherman spoke in an interview with Bloomberg TV:</p><p>“At this stage, we see core inflation has been dampening, the trajectory is right, but the market is definitely extrapolating this into that the Fed is going to normalize policy back to a much lower rate,” </p&

<p>Lower tier data from Japan today, unlikely to have much yen impact. </p><p>The services PMI from Japan is due for December</p><ul><li>November was 50.8</li></ul><p>Composite for December also</p><ul><li>prior 49.6</li></ul><p>The preliminary services and co

<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>Yesterday might have exposed how vulnerable bitcoin could be to a 'sell the fact' trade following the launch of a bitcoin ETF.</p><p>Two reports hit:</p><p>1) The first was an <a href="https://www.forexlive.com/Cryptocurrency/bitcoin-takes-a-dive-after-laughable-speculative-report-that-sec-will-rej

<p>The price of crude oil futures are settling at $72.19. That is down $0.51 or -0.70%. The high price reached $74. The low price was at $71.06. The price is settling right around its 100 hour moving at $72.11.</p><p>In the weekly inventory data, the EIA announced a notable drawdown of 5 million barrels. This was […]

<p>The clock is ticking toward the close of the day, and the start of the new trading panel day. Tomorrow, is US non-farm payroll day and the EURUSD traders, are setting up for that event. More specifically, the pair is trading near its 50% retracement level on both the daily and hourly charts. Technically speaking […]

<p>Nikkei is out with a good report summarizing the state of play for the Bank of Japan in the coming months. It notes that the odds of the BOJ exiting negative rates in January has fallen since the earthquake but it still remains a likelihood in March or beyond.</p><p>Summary:</p><ul><li><p>Continued high

<p>Morgan Stanley downgraded its outlook for the US dollar today, lowering it to neutral from bullish.</p><p>They had previously forecast an 8% rise in the Dollar index but have followed others in predicting a weaker environment following the Fed pivot.</p><p>Our conviction about dollar strength has waned meaningfully,

<p>It makes sense that Russia and Iran would like to make a deal for missiles. Russia needs more missile supplies and Iran would surely like to see how its missiles perform against US missile defenses.</p><p>In any case, the White House says more Russia sanctions are coming.</p> This article was written by Adam Button at www