Category Archives for Market Forecasts
Atlanta Fed GDPNow Model Predicts a Technical Recession
Latest estimate: -2.1% Real GDP — July 1, 2022 The Atlanta Fed’s GDPNow model was just updated to estimate that real GDP growth for the second quarter of 2022 is -2.1% on July 1st, which is roughly 1% lower than yesterday’s estimate of -1.0% Q2 GDP. Details from this morning’s US ISM Manufacturing PMI report […]
Continue readingFutures Market is Pointing to a Positive Open For Monday, May 16th Session
Today’s Open in the Futures Markets is another “tail wagging the dog” moment, with Bitcoin’s weekend rally serving as a catalyst for a possible rally in Futures Market at this week’s open. Dow Futures ($YM_F) is up +96.00 points. Nasdaq Futures ($NQ_F) is up +84.75 points, and S&P 500 Futures ($ES_F) is up +16.75 points […]
Continue readingAre You Ready For A New Round of Market Volatility?
Greetings Traders! I hope all of you are excited for this new week of trading! This shortened week of trading, due to the upcoming Easter Holiday, will introduce a fresh round of volatility, as three major central banks will be releasing their monetary policy statements ahead of Friday’s market close. This week’s spotlight will fall […]
Continue readingMarket Opening For Week of November 1st To November 5th, 2021
I hope you are excited about starting a new week of productive trading for Monday, November 1, 2021 to Friday, November 5, 2021. The first week of trading in November will be an eventful week, with the pending Taper Announcement from the Federal Reserve Bank on Wednesday, and the October US Labor Market data that […]
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 readingMarket Opening For Week of September 13th To September 17th, 2021
I hope you are excited about starting a new week of productive trading for Monday, September 13, 2021 to Friday, September 17, 2021. Although this week’s economic docket is void of central bank monetary policy meetings, there will still be a slew of global inflation readings and retail sales data that will introduce some volatility […]
Continue readingForex Current Open Levels For New Week – April 12, 2021
Good Afternoon Traders! I hope you are excited about another week of trading! Last week’s price movements were quite disjointed & unusual, with many assets in the FX space trapped within a choppy range. But, this new week of trading will be the start of 2nd Quarter Earnings Season, which is a 6-week period when […]
Continue readingForex Current Open Levels For New Week – March 15, 2021
Good Afternoon Traders! I hope you are well-rested and excited about another week of productive trading! The new week is about to begin, and we’re already expecting another week of volatility as the economic calendar is stacked full with event risk. There will be a trio of important central bank meetings, from the FOMC (Fed), BOE […]
Continue readingForex Current Open Levels For New Week – March 8, 2021
Good Afternoon Traders! I hope you are well-rested and excited about another week of productive trading! On last Friday, we witnessed a solid rally in US equities, following the release of better-than-expected employment data, that indicated looming recovery in the US Jobs market, and possible rebound in the US economy. At today’s market open, we […]
Continue reading“Playing The Range” in Steady Markets – March 3, 2021
What began as a mood of optimism during the Pre-New York hours, shifted into a mood of caution as financial markets traded the day with limited conviction ahead of key event risks for the latter half of this week. Pressure in global bond markets are continuing to weigh on any further rally in risk-oriented assets, […]
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