Bad trade headline after another hit the market — but a key economic tracker is looking up
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
Elon Musk deflects question about report of drug use, family drama as Trump looks on
Tesla CEO Elon Musk appeared with President Donald Trump in the Oval Office for an event marking the DOGE founder’s departure from Washington.
Crude oil futures settle at $60.79
Crude oil futures are settling at $60.79. That’s down $0.15 or -0.25% on the day.
For the week, the price fell -1.59%. For the year, the price fell -15.43%
This article was written by Greg Michalowski at www.forexlive.com.
More Japan Akazawa: No change in stance that tariffs, including those on auto, regretable
More from Japan Akazawa:
- No change in stance that tariffs, including those on auto parts, regretable.
- Aim to complement US, Japan strength in chips
- difficult to agree to a deal if US does not pay greed to drop all tariffs, including reciprocal and auto tariffs
This article was written by Greg Michalowski at www.forexlive.com.
United States Baker Hughes US Oil Rig Count fell from previous 465 to 461
United States Baker Hughes US Oil Rig Count fell from previous 465 to 461
US exceptionalism wanes as global investors pivot away – Rabobank
The concept of ‘US exceptionalism’ covers many specific themes. For academics it may have referred to the US’s ability to attract bright minds from around the world and generate cutting edge research.
OPEC+ exports set to rise – TDS
CTAs will continue to sell crude and industrial metals (x-copper) in most scenarios for prices by this time next week. In the imminent term, CTA selling activity will continue to weigh on price action into the OPEC meeting, TDS’ Senior Commodity Strategist Daniel Ghali notes.
Colombia National Jobless Rate down to 8.8% in April from previous 9.6%
Colombia National Jobless Rate down to 8.8% in April from previous 9.6%
Australian Dollar Dips on Soft Retail Sales, US Court Reinstates Tariffs
The Australian dollar is in negative territory on Friday. In the European session, AUD/USD is trading at 0.6415, down 0.42% on the day. Australian retail sales show unexpected decline Australia’s retail sales contracted in April by 0.1% m/m, missing the market estimate of 0.3%, which was also the March reading. This was the first decline […]
The post Australian Dollar Dips on Soft Retail Sales, US Court Reinstates Tariffs appeared first on Action Forex.
AUDJPY Finds Intraday Sellers at Equal Legs Area
Hello fellow traders. In this technical article we’re going to look at the Elliott Wave charts of AUDJPY forex pair published in members area of the website. The pair has recently given us a 3 waves bounce that completed precisely at the equal legs area as we expected. In the following text, we’ll explain the […]
The post AUDJPY Finds Intraday Sellers at Equal Legs Area appeared first on Action Forex.