All posts by Marvin Perry
(VIDEO): Trading Japanese Yen Crosses Using Treasury Yield Projections.
Financial markets were quite steady & quiet ahead of the New York Opening Bell, with US Futures markets maintaining a neutral bias, as investors anticipate an additional round of US 3rd quarter earnings data, which has been positive for most of the week. The US Dollar was trading softer and lower, in union with sliding […]
Continue readingWall Street Major Indexes Open Positive For Session
US Major Stock indices ($DJIA, S&P500, Nasdaq100) are edging slightly higher due to solid third quarter earnings performance among companies in the Utilities & Healthcare Sectors. $DJIA is currently up +132.82 points to $35,590 and is leading the way in risk trends for today. Financial markets are still factoring in issues that are arising from […]
Continue readingBitcoin Surges To New All-Time High of $66,653
Bitcoin (XBT/USD), or what some investors like to affectionately call “King Coin”, has just broken above its previous 2021 record high to form a new all-time high at $66,040/btc. The previous high was at $64,895/btc which served as a strong area of resistance for a few months and resulted in the cryptocurrency retracing its gains […]
Continue reading(VIDEO): Which Currencies Benefit During Rising Inflation Risk?
Prior to the Wall Street Opening Bell, financial markets were glued to the newswire in anticipation of the US CPI figures, which would shed light on the nature of inflation, and whether price pressures are “transitory” or “persistent”. US Equity indices have been volatile for first few days of this week and tethered to a […]
Continue readingUS 10-Year Notes Auctioned with Tighter Price Tail at 1.584%
Wednesday’s auction of US 10-Year Notes (reopened 9 year,10 month issues) totaling $38 billion, were sold & purchased at a higher yield of 1.584, but at a lower rate than the WI “When Issued” value of 1.590%. This auction provided a tighter / negative price tail of -0.6 basis points, which is a fairly good […]
Continue readingUS 10-Year Bond Auction At The Top Of The Hour
Since inflation & bond rates have been the market’s focus for establishing risk sentiment in the dollar, and dollar-denominated assets, today’s US 10-Yr Bond auction will be closely monitored. Most analysts believe this auction may have a significant impact on the value of the US Dollar. Lately, the greenback (USD) has been quite calm & […]
Continue reading(Video): How To Trade Financial Markets During Stagflation. – October 11, 2021
Pre-NY Open Market Conditions signaled that prevailing sentiment preferred more downside for US-based risk assets, with US Future indices sliding lower over concerns that Global Growth is decelerating. Over the weekend, Goldman Sachs lowered their growth projection for the US Economy, with their 2021 forecast dropping to 5.6% expansion for the year, compared to the […]
Continue readingStocks Pared Their Early Advances On Stagflation Concerns
All 3 major US indices ($SPX, $DJIA, and $NDX) pared their early advances, and are trading below their opening levels on what has been a choppy/volatile day of trading in US Equity Markets for the first session of the week. It seems that investors are remaining cautious as they make sense of stagflation in the […]
Continue readingGlobal Sovereign Bond Yields Do Little To Calm Stock Markets
Financial markets appear to be shrugging off inflation concerns and investors have conjured up reasons to incite a rally in US equities on today, and before the release of quarterly earnings reports, which start this week. Basic Materials & the Energy sectors are leading the rally higher on the back of increasing commodity gains, with […]
Continue readingMulti-Currency Performance For September 21, 2021
Today’s price action in currency markets have been indicative of the traditional “push & pull” dynamics that we typically witness the day before an important FOMC Monetary Policy announcement from the Federal Reserve Bank. Although global risk assets remained buoyant for most of today’s session, market sentiment still remained on the side of caution, with […]
Continue reading