European stocks ending the week on a down note. Yields are mixed. Gold and oil are higher. PS. Bitcoin is up to $8000The European stock markets are closing and the major indices are lower. Germany’s DAX down -0.4% France’s CAC down -0.3% UK’s FTSE down -0.1% Spain’s Ibex down -0.7% Italy’s FTSE MIB down -0.5% […]
Big 0.6% increase in the current week.Highlights The New York Fed Staff Nowcast for 2017:Q4 stands at 3.8%. News from this week’s data releases increased the nowcast for Q4 by 0.6 percentage point. Industrial production and housing data drove the increase. Earlier in the session the Atlanta Fed estimate for 4Q GDP rose to 3.4% […]
Talking Points: — USD/JPY Weakness to Persist on Dovish FOMC Minutes. — USD/CAD Inverse Head & Shoulders Remains in Play Amid Slowing Canada CPI. The Japanese Yen outperforms its major counterparts going into the last full-week of November, and USD/JPY may continue to give back the rebound from the 2017-low (107.32) should the Federal Open […]
The prior month came in at
Moving higherIn their own words: The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2017 is 3.4 percent on November 17, up from 3.2 percent on November 15. The forecast of real GDP growth increased 0.3 percentage points to 3.5 percent after yesterday’s industrial production release from the Federal […]
Sets the line in the sand for Brexit talks We need to see more progress from the UK to move Brexit talks forward need more progress on Ireland a financial settlement made very clear to Britain’s May progress needs to happen at beginning of December The words speak for themselves.
Nasdaq trading around unchanged. S&P a little lower. Dow a little more lower.The US major stock indices are trading lower/mixed The NASDAQ is trading up about -2 points or +0.04% the S&P indexes trading down -3 points or -0.12% the Dow industrial average is faring the worst down around -70 points or -0.30% A look […]