by admin | Sep 27, 2018 | Uncategorized
FOMC outcome prompts dovish market response although Fed raises its long-term neutral-rate estimate US/Japan trade talk agreement takes Japan tariff threat off the table for now President Trump says he will sign spending bills to avert a U.S. government...
by admin | Sep 26, 2018 | Uncategorized
In Fri’s Technical Blog we discussed Thur’s bullish divergence in admittedly short-term momentum above 3.52 as a very early indication of a base/reversal threat that could evolve into a major event. Subsequent gains this week reinforces...
by admin | Sep 26, 2018 | Uncategorized
US 0700 ET Weekly MBA mortgage applications, previous +1.6% to 342.7 with the purchase sub-index up +0.3% to 234.2 and the refi sub-index+3.7% to 917.1. 1000 ET Aug new home sales expected +0.5% to 630,000, Jul -1.7% to 627,000. 1030 ET EIA weekly Petroleum Status...
by admin | Sep 26, 2018 | Uncategorized
10-year T-note yield tests 7-1/4 year high as Fed rate-hike expectations through 2019 are near the highest yet USTR Lighthizer gives up on Canadian NAFTA agreement by Sep 30 deadline, which could spark Trump retaliation Japan may agree to bilateral trade talks...
by admin | Sep 25, 2018 | Uncategorized
-Trade estimates for Friday’s USDA Grain Stocks/Small Grains Summary reports -US corn/soybean conditions improve – harvest remains ahead of average -Parade of rain events to slow harvest activity over the coming week The latest round of new...
by admin | Sep 25, 2018 | Uncategorized
-Trade estimates for Friday’s USDA Grain Stocks/Small Grains Summary reports -US corn/soybean conditions improve – harvest remains ahead of average -Parade of rain events to slow harvest activity over the coming week The latest round of new...
by admin | Sep 25, 2018 | Uncategorized
US 0900 ET Jul FHFA house price index expected +0.3% m/m, Jun +0.2% m/m. 0900 ET Jul S&P CoreLogic composite-20 home price index expected +0.1% m/m and +6.2% y/y, Jun +0.11% m/m and +6.31% y/y. 1000 ET FOMC begins 2-day policy meeting. 1000 ET Sep Richmond Fed...
by admin | Sep 25, 2018 | Uncategorized
FOMC unanimously expected to raise rates on Wednesday U.S. consumer confidence expected to remain very strong near 17-3/4 year high U.S. home prices expected to continue higher 5-year T-note is near 9-1/4 year high ahead of today’s auction ...