Intraday Market Thoughts
Archived IMT (2008.11.13)
Nov 13, 2008 14:42
Jobless claims surged by 32K last week to a fresh 7-year high of 516K, lifting the less volatile 4-week average to a 17-year high of 491K. US trade deficit fell by a greater than expected 4.4% to $56.5 billion in September, largely due to a decline in oil imports. US equities edge into positive territory after having fallen in 5 out of the last sessions, with the only up-day occurring on Friday despite the release of the highest unemployment in 14-years. But there is a strong possibility that today's rally may taper off later in the session ahead of tomorrows release of retail sales report. More analysis on the retail sales report will be sent to subscribers.
Yen Tracking Yield Spreads again?
by Ashraf Laidi | May 30, 2023 17:08
Charts' Year to Date Performance
by Ashraf Laidi | May 29, 2023 16:23
What's a Cycle Completing Trade?
by Ashraf Laidi | May 19, 2023 18:50
الذهب: نهاية أو استراحة؟
by Ashraf Laidi | May 17, 2023 14:14
First Republic, Debt Ceiling, CDS & Bitcoin
by Ashraf Laidi | Apr 26, 2023 14:42