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So, the dollar has lurched higher again this morning, as covered in the latest updates here and this is all due to the news emerging from the US Treasury secretary, Scott Bessent. So, if ever you wanted a prime example of just now news can impact the markets, then look no further. Pretty much everything you might want to look at, or trade is moving significantly on the back of this news. That covers BTC, oil, Gold, stocks, the dollar and Yen and the Euro. The S+P 500 loves this news and that is leading the futures price to indicate an opening above 5,800 later today. The index had closed on Friday, slightly in the red, at 5,659. It is currently priced to reopen around 5,810
The comments from the US Fed governor Chris Waller have not been lost on the US stock futures. Of course they had gotten a boost earlier from the...
The latest (April) Canadian Retail sales data has just been released. The markets were expecting an increase of 0.4%, compared to a rise of 0.8% in...
The June reading of the US Philadelphia Fed index was expected to improve from the -4 reading posted in May. The forecast was for something around -1...
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