Markets (Top Stories) Containing SVB mess U.S. regulators have rushed to minimize the impact of the collapse of Silicon Valley Bank, owned by SVB Financial (SIVB), on the wider financial sector, thereby easing market jitters. Depositors of the shuttered bank … Continue reading
David Dube
Markets NFP PREVIEW is provided by NewSquawk.com PREVIEW: US nonfarm payrolls (Feb’23) to be released on Friday March 10th at 13:30GMT/08:30EST EXPECTATIONS: The consensus looks for 203k nonfarm payrolls to be added to the US economy in February (forecast range: 100-325k), … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 Initial Jobless Claims 10:30 EIA Natural Gas Inventory 4:30 PM Fed Balance Sheet https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Price range was contained within the Target Master Zones, and developed as a Neutral Range Balancing … Continue reading
Markets Data dependent Fed Chair Jerome Powell will be back in the hot seat on Wednesday, delivering his second day of semi-annual monetary policy testimony before the House Financial Services Committee. Markets were already jolted in the previous session following … Continue reading
Markets Bigger hikes ahead? Investors await Federal Reserve Chair Jerome Powell’s semi-annual testimony on monetary policy before the Senate Banking Committee later in the day for clues on the central bank’s future rate path amid a wave of strong economic … Continue reading
Markets The market has had a wild first two months to the year, firing on all cylinders in January and paring some gains in February, only to resume its upward ascent last week. Investors are now sizing up their outlooks as trading begins … Continue reading
Markets Seeking rate clarity Equities gained traction in the middle of session on Thursday following comments from Atlanta Fed President Raphael Bostic, who said the central bank could be in a position to pause rate hikes this summer. Major U.S. equity … Continue reading
Markets Higher yields Headlines from the fixed income world are rattling equity investors as the yield on the 10-year Treasury (US10Y) topped 4.00% for the first time since November. The 2-year yield (US2Y) also rose 2 basis points to 4.91% on Wednesday, … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 9:45 PMI Manufacturing Index 10:00 ISM Manufacturing Index 10:00 Construction Spending https://www.investing.com/economic-calendar/ 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday evening for Wednesday’s trading for contribution to MrTopStep’s “The Opening Print” publication. Prior Session was Cycle Day 3 (CD3): Three-Day Cycle Objective (4023) … Continue reading
Markets Source: SeekingAlpha.com Economic Calendar 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 9:00 S&P CoreLogic Case-Shiller Home Price Index 9:00 FHFA House Price Index 9:45 Chicago PMI 10:00 Consumer Confidence 10:00 Richmond Fed Mfg. 1:00 PM Money Supply 2:30 PM Fed’s Goolsbee Speech 3:00 … Continue reading