Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar 10:00 Pending Home Sales 10:00 State Street Investor Confidence Index 11:00 Survey of Business Uncertainty 11:30 Results of $22B, 2-Year FRN Auction 1:00 PM Results of $35B, 7-Year Note Auction https://www.investing.com/economic-calendar/ 10:30 EIA Petroleum Inventories S&P 500 ***Written Tuesday … Continue reading
Category Archives: PTG Daily Trade Strategy
Markets (Top Stories) Economic Calendar 8:30 International Trade in Goods (Advance) 8:30 Retail Inventories (Advance) 8:30 Wholesale Inventories (Advance) 9:00 Case-Shiller Home Price Index 9:00 FHFA House Price Index 10:00 Consumer Confidence 10:00 Fed’s Barr Testify on Bank Oversight 10:00 Richmond Fed Mfg. 1:00 PM Results of $43B, 5-Year … Continue reading
Markets (Top Stories) Economic Calendar 10:30 Dallas Fed Manufacturing Survey 1:00 PM Results of $42B, 2-Year Note Auction https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 3 (CD3): Consolidation during the morning session lead to afternoon rally closing near highs of the day … Continue reading
Markets (Top Stories) Spillover risk “Looking ahead, the longer that financial conditions remain tight, the greater the risk that stresses spread beyond the banking sector, unleashing greater financial and economic damage than we anticipated,” Moody’s wrote in its latest credit conditions report, … Continue reading
Markets (Top Stories) A delicate balance Policymakers at the Fed are treading a tightrope as they seek to balance their role as providers of stable prices and financial stability. The FOMC voted unanimously yesterday to raise the target for the … Continue reading
Markets (Top Stories) Fedilemma Leading up to the Federal Reserve’s March 21-22 monetary policy meeting, traders had been expecting the FOMC to ratchet up its key interest rate by 50 basis points because the economy appeared to be surprisingly robust. … Continue reading
Markets (Top Stories) Source: SeekingAlpha.com Economic Calendar https://www.investing.com/economic-calendar/ S&P 500 Prior Session was Cycle Day 2 (CD2): Price held bid above our stated Line-In-Sand (3950) outlined in prior DTS 3/20/23 briefing, demonstrating a “positive skew”, closing near highs of the day. Prior … Continue reading
Markets (Top Stories) Crisis takeover Another wild weekend has seen regulators attempt to stave off a banking crisis that’s quickly spreading across global markets. In an emergency deal brokered by Swiss authorities, UBS (NYSE:UBS) agreed to scoop up longtime rival Credit Suisse … Continue reading
Markets (Top Stories) “May the sun shine warm upon your face; the rains fall soft upon your fields and until we meet again, may God hold you in the palm of His hand.” Economic Calendar 10:00 Consumer Sentiment 10:00 Leading Indicators 1:00 PM Baker-Hughes Rig … Continue reading
Markets (Top Stories) Credit Suisse’s $54B lifeline Credit Suisse (CS) will borrow as much as 50 billion francs ($54 billion) from the Swiss National Bank liquidity facility. The troubled Swiss bank also announced public tender offers by Credit Suisse International to repurchase … Continue reading