China PMIs fall Sentiment was boosted during the session when the US Infrastructure bill was submitted to the Senate floor on Sunday evening, US time. The draft was the outcome of lengthy bipartisan negotiations and will now be amended.…
Continue ReadingAs the market shifts to a more risk-on outlook, the day is off to a good start. As European trading begins, futures in the United States are also up 0.5%. Stocks make up for Friday's losses: UK FTSE 100 up…
Continue ReadingGold fails to hold its July high Even though rates fell another 3 basis points today, the $1834 resistance level and some mild US dollar purchasing signaled difficulties for gold today. Technically, that's a basic setup,…
Continue ReadingThe dollar remains stable, while risk remains on the lower side. Despite more protective risk tones early on, the market remained reasonably calm throughout the session, as tech stocks were affected by additional negative sentiment from…
Continue ReadingSome points to consider in your trading strategy: The perfect trader does not require the perfect ingredients. All we know is that there are certain fundamental facts that must be followed in order to be prepared, efficient, and cautious while…
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