Market Observations and Upcoming Economic Events

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 70 sec. here
  • 8 min. at publisher
  • 📊 Quality Score:
  • News: 48%
  • Publisher: 72%

Finance 뉴스

COMMODITIES,CURRENCIES,FINANCE

The article analyzes the current market behavior, noting a lack of correlation in various asset classes. It highlights the inverse relationship between gold and the US dollar, suggesting that traders should proceed with caution due to market anomalies. The article also lists major economic events scheduled for the day, emphasizing their potential impact on traders.

USD: Mar'25 is Down at 108.805. Energies: Feb '25 Crude is Down at 73.08. Financials: The Mar '25 30 Year T-Bond is Up 13 ticks and trading at 114.05. Indices: The Mar '25 S&P 500 emini ES contract is 36 ticks Higher and trading at 5925.50. Gold: The Feb'25 Gold contract is trading Up at 2672.10. This is not a correlated market. The USD is Down and Crude is Down which is not normal, but the 30 Year T-Bond is trading Higher.

The Financials should always correlate with the US dollar such that if the dollar is Higher, then the bonds should follow and vice-versa. The S&P is Higher and Crude is trading Lower which is correlated. Gold is trading Higher which is correlated with the US dollar trading Down. I tend to believe that Gold has an inverse relationship with the US Dollar as when the US Dollar is down, Gold tends to rise in value and vice-versa. Think of it as a seesaw, when one is up the other should be down. I point this out to you to make you aware that when we don't have a correlated market, it means something is wrong. As traders you need to be aware of this and proceed with your eyes wide open. Asia traded Mixed. Europe is trading mainly Lower with the exception of the Spanish Ibex exchange which is Higher. Possible challenges to traders ISM Manufacturing PMI is out at10 AM EST. This is Major. ISM Manufacturing Prices is out at 10 AM EST. This is Major. Wards Total Vehicle Sales - all day by brand. This is Major. Natural Gas Storage is out at 10:30 AM EST. This is Major. FOMC Member Barkin Speaks at 11 AM EST. This is Major. Traders,please note that we've changed the Bond instrument from the 10 year (ZN) to the 2 year (ZT). They work exactly the same. We've elected to switch gears a bit and show correlation between the 2-year Treasury notes (ZT) and the S&P futures contract

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 14. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Denver's Christkindl Market and Upcoming Colorado LawsDenver's Christkindl market is expected to draw in 300,000 visitors this winter. The Downtown Denver Partnership aims to maintain the downtown area's vibrancy with new initiatives. Colorado is set to introduce new laws regarding child car seat installation and hands-free driving devices from Jan. 1, 2025.
출처: CBSDenver - 🏆 612. / 51 더 많은 것을 읽으십시오 »

January Market Trend Trade (JTT): A Powerful Tool for Predicting Market MovementsThis article explores the January Calendar Range Trend Trade (JTT) mechanism, a powerful tool for predicting market movements in the new year. It explains how the market often signals its direction in January, deviating from investor expectations. The JTT method can help investors make better-informed decisions, manage risk, and potentially capitalize on market trends.
출처: Investingcom - 🏆 450. / 53 더 많은 것을 읽으십시오 »

iPhone cannot save the foldable market any more than Vision Pro saved the headset marketAnam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.
출처: PhoneArena - 🏆 322. / 59 더 많은 것을 읽으십시오 »

iPhone can't save the foldable market any more than Vision Pro saved the headset marketAnam Hamid is a computer scientist turned tech journalist who has a keen interest in the tech world, with a particular focus on smartphones and tablets. She has previously written for Android Headlines and has also been a ghostwriter for several tech and car publications.
출처: PhoneArena - 🏆 322. / 59 더 많은 것을 읽으십시오 »

Ferry Plaza Farmers Market: Pop-Ups on the Plaza: Black Holiday Marketfoodwise.org/events/pop-ups-on-the-plaza-black-holiday-market Celebrate local Black-owned businesses and get ready for the holiday season with a day of
출처: SFnewsnow - 🏆 237. / 63 더 많은 것을 읽으십시오 »

Crypto Market Cap Slumped by $300 Billion Amid BTC, Altcoin Massacre: Market WatchCrypto Blog
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »