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Monday, July 29, 2024

American Market Recap | Treasury says it will borrow $740 billion in Q3

Treasury says it will borrow $740 billion in Q3

The US Treasury said it expects to borrow $740 billion in Q3, which is much lower than the $847 billion estimate from April. That's due to a higher cash balance at the beginning of the quarter and low... 

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Crude oil settles at $75.81

The price of crude oil is settling at $75.81. That is down $-1.35 or -1.75%. The high-priced today reached $77.69. The low price was at $75.35. The low was the lowest since June 7. Fundamentally, sum... 

EURUSD rebounds above key moving average, eyes on next resistance levels

EURUSD moves back higher At the start of the US trading day, the price was trading near the 200-day MA at 1.08162 (green step line on the chart above). The price action moved through that level in the... 

From earlier: Dallas Fed July manufacturing survey -17.5 vs -15.1 prior

Dallas Fed Prior was -15.1 Details: General business activity -17.5 vs -15.1 prior Company outlook -18.4 vs -6.9 prior Prices paid +23.1 vs +21.5 prior New orders -12.8 vs -1.3 prior Shipments -16.... 

Microsoft earnings on July 30. What are charts telling traders? What are key levels?

Microsoft will announce earnings after the close tomorrow. EPS is expected to be $2.93 on revenues of $64.39B. That compares to earnings and revenues from a year ago of $2.69 on $56.18B. Earnings ar... 

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Latest Forex Orders

FX option expiries for 29 July 10am New York cut

There is arguably just one to take note of on the day, as highlighted in bold . That being for USD/JPY at the 154.00 mark. Amid the bigger swings in the past two weeks, the expiry level might be one t... 

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