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Chart of the Day – 10Yr Bonds – (October 20th, 2021)

The 10yr bond market broke the wedge lower the last couple sessions and is getting comfortable below previous support (current resistance) at 103’26. The risk is a continuation lower to the 129’17 then 127’29 level which would test the lows from December 2019. The rise […]

Chart of the Day – GBPUSD – (October 19th, 2021)

The GBPUSD is within close proximity of the 200dma, and just below that was today’s highs at the 50% retracement at the 1.3829 level. Overnight, the risk may be for a probe into the 200dma, but the bears may attempt to hold the 200dma to […]

5 Thoughts on the Senate’s Proposed Platform Self-Preferencing Ban

A bipartisan group of senators unveiled legislation today that would dramatically curtail the ability of online platforms to “self-preference” their own services—for example, when Apple pre-installs its own Weather or Podcasts apps on the iPhone, giving it an advantage that independent apps don’t have. The […]

JPMorgan Q3 2021 Earnings Report

JPMorgan, Daily The trading activity and the decline in market volatility during the 3rd quarter ending in September is expected to have dampened most of the trading business, not to mention members of the banking sector such as JPMorgan. Concerns over the financial impact of […]

Market Update – October 12 – Risk off sentiment dominates!

LONDON Risk off sentiment dominated the Asian part of the session & European bourses are also set to open lower. GER30 and UK100 futures currently down -0.6%. US futures are posting losses of -0.3 to -0.4% as markets fret about rising yields, the spike in […]

BlackRock Inc. Earnings Preview

BlackRock, Daily BlackRock’s third-quarter earnings report is due on October 13, 2021. Considering the previous quarterly report, this guide will forecast the company’s third-quarter earnings report. BLK is the world’s largest fund managing company with a total of $9 trillion in assets. Strong fee growth […]

NZD: “Buy the Rumor sell the fact”?

The RBNZ confirmed a 25-basis-point rate raise, which had been widely anticipated and already factored into the markets. The NZD, however, did not benefit from the boost. Given that a 25-basis-point raise was widely anticipated and priced in prior to the meeting, the bar for […]

Citigroup – Q3 Report and Challenges for the Rest of the Year

Citigroup, Daily Citigroup (#Citigroup) is a financial group with a market capitalization of $146 billion that conducts business in more than 100 countries. It is expected to report results for the quarter ended September 2021 on October 14, before the market opens. Zacks forecasts return […]

Market Update – October 13 – All eyes on CPI

Supply chain disruptions are increasingly hitting production targets and adding to stagflation concerns. The bond market is overlooking Wednesday’s CPI data and the prospects for a hot report and the FOMC Minutes tonight. Global Yields grab helped underpin the long end- reflected in the solid […]

UntiedHealth Group Q3 Earnings Outlook

UnitedHealth Group (UNH) which is traded on the New York Stock Exchange, is a healthcare company that aims to help everyone live a healthier life and make the health system work better. UnitedHealth Group offers a wide range of products and services through two different […]