Blogs

Weekly oil drilling count Here's why the Saudis aren't going to back down: They're getting what they want now, producers worldwide are slowly shutting in production. They don't want to do it on their own, they want everyone to do it.

German DAX -3.9%. France's CAC -4.5%. UK's FTSE 100 -5.5% The major European indices are ending the week and the day on the downside; The provisional closes are showing

Spike in the dealt toll today It's the deadliest day of the outbreak in Italy so far with nearly 1000 people killed by this terrible virus. Total cases rose 5959 vs 6153 a day ago and total cases are at 86,498. The slower pace of overall cases is a sign of flattening so that's positive […]

Snap back rally continues This was a complete washout due to a funding strain, probably at UK banks. Now we're unwinding the move at an equal pace.

Canadian daily case numbers That percentage in the daily rise is troubling. It could be because of different testing standards, particularly in Quebec, but either way the case count is mounting.

The low at 1.09507 held support The EURUSD started the NY session on a downward trajectory. They had the upper hand. However, the targets at the broken 38.2% and swing low at 1.09507 were downside targets. The price action stalled just ahead of the 1.09507 level, and dollar selling has led to a run back […]

GBPUSD run higher continues The GBPUSD moved above the 50% retracement and is running toward the topside trend line at 1.23953. The high just reached 1.2386.

The latest numbers from New York state delivered by Governor Cuomo: Yesterday's highlights: Here is a chart of New York City emergency room visits for respiratory distress. The red line is the seasonal norm.

The US Dollar could rise if key ISM, PMI and nonfarm payrolls data causes recession fears to swell and rekindles appetite for the haven-linked Greenback.

Stocks climbed higher last week and reclaimed several key technical levels in the process. Can support hold if selling returns?