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Tuesday, June 25, 2024

American Market Recap: Shares of Nvidia surge nearly 7% to lead tech rebound

Shares of Nvidia surge nearly 7% to lead tech rebound

There is a guy on Nvidia right now talking about NVDA at a $6 trillion valuation, which isn't the kind of thing you see at a bottom... In any case, shares are up nearly 7% today in a huge rebound that... 

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Canadian Prime Minister Justin Trudeau hints that he's not going anywhere

I wrote earlier that the knives were likely to come out for Canadian Prime Minister Justin Trudeau after he lost a by-election in a Liberal stronghold. However it sounds like he will have to be dragge... 

Here are the bull and bear cases for stocks from JPMorgan

The Nasdaq struggled yesterday but bounced back today in a rebound from three days of selling. What next? The JPM desk offered up this. The bull case: Economic data inflects higher Positive July seaso... 

No comments from Bowman at cyber workshop

Earlier today Bowman said we're not yet at the point where it is appropriate to cut rates.... 

Credit Agricole: Hawkish RBA hold reinforces long AUD/USD and AUD/NZD

Credit Agricole discusses the impact of the RBA's hawkish hold, arguing it strengthens the case for being long on AUD/USD and AUD/NZD. This decision has reduced speculation about rate cuts and even le... 

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Latest Forex Orders

FX option expiries for 25 June 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for EUR/USD at the 1.0700 level. The expiries should keep a floor on price action in the session ahead, if anything el... 

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