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Wednesday, November 20, 2024

American Market Recap: Nvidia earnings after the close. What is expected?

Nvidia earnings after the close. What is expected?

Nvidia will announce its earnings after the close today. Sharea are lower today with the price trading down about -$3.00 or -2.10%. at $144.00. The all-time high closing level is at $148.88. What are... 

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ECBs Stournaras: ECB policy has tamed inflation

ECBs Stournaras is speaking and says: ECB policy has tamed inflation Sees inflation converted to 2% by start of 2025 ECB may increasingly need to avoid inflation undershoot Rates will stay restrictive... 

Crude oil futures settled at $68.87

Crude oil futures are settling at $68.87. That is down $0.52 or -0.75%. The weekly EIA inventory data today showed: Crude oil inventories build of 0.545Mvs build 0.138M estimate. Prior week +2.089 mil... 

The USDJPY, GBPUSD and USDCHF are each using the 100 hour MA as a risk/bias defining level

The USDJPY, GBPUSD and the USDCHF have each seen up and down action today. For the USDJPY and GBPUSD, the price action traded above and below the 100 hour MA. Both also used that MA as either support... 

US treasury sells $16 million of 20 year bond the high yield of 4.680%

US treasury sell $16 billion of 20 bonds a high yield of 4.68%: High yield 4.68% WI level at the time of the auction 4.65%. Tail 3.0 basis points versus the six-month averages 0.1 basis points Directs... 

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Latest Forex Orders

FX option expiries for 20 November 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold . They are for EUR/USD at the 1.0540 and 1.0620 levels. The former isn't one that holds much technical significance so I woul... 

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