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...