The S&P 500 has set another fresh ATH even as treasury yields continue to climb. But for traders looking for pullbacks in stocks, the Nasdaq 100 may be setting up…
The ISM Manufacturing PMI slip followed that of the IHS Markit print yesterday but employment and pricing measures may provide upside support for the U.S. dollar.
Crude oil is near its best level in six weeks as traders wait for OPEC+ to confirm whether they are going to increase daily oil supply by 400k barrels next…
GBP rates markets continue to price in rather aggressive rate hikes throughout 2022, providing an opportunity for ‘carry trades’ involving low yielding currencies (Yen)
Bitcoin remains just above an important level of support around $45.5k in dull trading conditions. Fantom and Near on the other hand are pushing ever higher.
Traders are further net-short than yesterday and last week, and the combination of current sentiment and recent changes gives us a stronger USD/JPY-bullish contrarian trading bias.