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Wednesday, January 22, 2025

American Market Recap: What economic releases and events will highlight trading in the new trading day

What economic releases and events will highlight trading in the new trading day

6:50 PM JPY: Trade balance. Forecast: -0.51T, Previous -0.38T 6:00am GBP : CBI Industrial Order Expectations, Forecast: -35, Previous: -40 8:30am CAD : Core Retail Sales m/m, Forecast: 0.1%, Previous... 

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The CME will launch Ripple and Solana futures

CME futures on XRP and Solana set to go live February 10th pending regulatory review, according to the CME. I'd imagine we will be seeing plenty of ETFs being approved this year as well. How long unti... 

Does the S&P index closed at a new record level?

The S&P index is trading at 6093.40 up 44.13 points or 0.73%. At current levels, it would be high enough for a new record close. The old record close is at 6090.27. Today the price did move above... 

Gary Cohn says Trump doesn't believe that tariffs will cause higher prices

Gary Cohn Gary Cohn was a moderating influence in Trump's first term and was his chief economic advisor. He's no longer working with Trump but he can speak to the President's thinking around tariffs a... 

Alcoa among companies reporting after the bell

Aluminum giant Alcoa is a good barometer for the industrial economy and global growth. The company will report today after the bell and I will highlight any comments about the health of the world econ... 

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Latest Forex Orders

FX option expiries for 22 January 10am New York cut

There are a couple to take note of on the day, as highlighted in bold . The first being for EUR/USD at the 1.0400 level. That may very well keep price action stickier in the session ahead or at least... 

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