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China’s State Council to implement a new property tax

China’s State Council to implement a new property tax

The new tax will be levied on residential and non-residential property, but not to rural residences.  An earlier pilot scheme was implemented in ...
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Forexlive America’s FX news wrap: Feds Powell tilts his inflation fear

Forexlive America’s FX news wrap: Feds Powell tilts his inflation fear

Forex news for North American trading on October 22, 2021 Fed chair Powell speaking on a panel at a BIS conference, tilted his inflation fea...
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S&P index snaps a seven day winning streak

S&P index snaps a seven day winning streak

NASDAQ index lower for the second time in three trading days Next week is the granddaddy of all the earnings release weeks with Facebook, Amazon, Appl...
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What key technical levels are play (and why) in the new trading week for the USDJPY?

What key technical levels are play (and why) in the new trading week for the USDJPY?

The USDJPY stalled near the swing high from November 2017 and rotated lower The USDJPY is closing the trading week at/near the week lows. That breaks ...
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What key technical levels are play (and why) in the new trading week for the EURUSD?

What key technical levels are play (and why) in the new trading week for the EURUSD?

What are the charts saying for the EURUSD  in the new trading week.  The EURUSD traded below the 200 week moving average over the prior 3 tr...
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WTI crude futures are settling at $83.76

WTI crude futures are settling at $83.76

Crude oil futures up $1.26 or 1.53% The high for the day reached $83.80. The low extended to $81.76. A week ago, the price closed at $82.47. The gain ...
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US Federal budget deficit for September $-62 billion versus $-60 billion estimate

US Federal budget deficit for September $-62 billion versus $-60 billion estimate

Versus $-171 billion last month – The US federal deficit for September came in at $-62 billion versus $-60 billion estimate.  – Last ...
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Key week for earnings with many of the top companies reporting

Key week for earnings with many of the top companies reporting

Facebook, Apple, Alphabet (Google), Amazon, Microsoft, Boeing, McDonald’s, Starbucks, Exxon Mobil all scheduled to report  Monday, October ...
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Gundlach: The dollar has peak and going to go down

Gundlach: The dollar has peak and going to go down

Gundlach comments on CNBC...
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Baker Hughes US oil rig count 443 vs 445 prior

Baker Hughes US oil rig count 443 vs 445 prior

Weekly US oil rig count There was a jump last week and some of it has come back down....
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