American Market Recap: US equities battle to a standstill ahead of Friday's PCE report

US equities battle to a standstill ahead of Friday's PCE report There were some larger individual movers, including a 2.2% drop in Nvidia shares and a 7% decline in Micron but that was balanced by a 2% rise in Amazon and a 3.5% rise in Adobe. Financials were modes...  There is only one thing to watch for in Friday's PCE report Friday's May US PCE market has been circled on everyone's economic calendar all week long but I tend to thing it's overhyped. We got a blockbuster CPI report for May already and it certainly delivered...  Deutsche Bank sees years of struggles for the euro due to politics Deutsche Bank is out with a new set of FX forecasts and has this to say: "We have been bullish on the USD throughout the year on the premise that the Fed will cut slower than other central banks and t...  WTI crude oil settles up 84-cents to $81.63 Oil daily Oil has bounced back nicely from the post-OPEC dip. I think there was some short covering after shorts hit a record into the meeting. In the bigger picture, US demand hasn't been good to sta...  Fed's Bowman: We're not at a point yet to consider a rate cut Michelle Bowman If inflation moves towards 2%, eventually a rate cut is on the table Monetary policy is currently restrictive Inflation should ease with current policy setting Upside risks to inflatio...  Latest Forex Orders FX option expiries for 27 June 10am New York cut There are a couple to take note of on the day, as highlighted in bold . The first ones are for EUR/USD and they are sandwiching the current spot price at 1.0650 and 1.0700. That is likely to help lock...  Cryptocurrency Technical Analysis Education Economic Calendar Forex Brokers Are you subscribed to our events? Join now and get informed Subscribe Connect with us on your favorite social network This email was sent to trungtamthuchanhmt.hanghai18021960@blogger.com why did I get this?    unsubscribe from this list    update subscription preferences ForexLive · 11 Apostolou Andrea, Hyper Tower 3rd floor, Mesa Geitonia · Limassol 4007 · Cyprus