Pres. Trump will announce tariffs on autos, aluminum and pharmaceuticals in near future

Pres. Trump is saying that: Will announce tariffs on autos, aluminum, and pharmaceuticals in the near future Tariffs will keep US taxes low. Meanwhle, commerce Sec. US Commerce Secretary Lutnick…

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Stocks continue to slump. NASDAQ now down 1.09% and below 50-week MA

The S&P 500 and NASDAQ are both down nearly 1% on the day, hitting new session lows. The NASDAQ has dropped -196.47 points (-1.09%) to 17,872, The S&P 500 is…

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A technical view of the major currency pairs going into the new trading week

EURUSD: USDJPY: GBPUSD: USDCHF: USDCAD: AUDUSD: NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.

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Australia company profits pretax Q3 1.6% versus -1.7% previously

Prior quarter company profits pretax -1.7% Company profits pretax +1.6% Gross company profits -4.6% vs 0.7% estimate. Prior quarter -6.8% v -5.3% previously reported This article was written by Greg…

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Fed: U.S. government fiscal sustainability tops the list of financial system risks

The Fed’s twice yearly Financial Stability Report highlights: U.S. government fiscal sustainability tops the list of financial system risks cited in the Fed survey of market contacts for the semi-annual…

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A technical look at each of the major currency pairs heading into the new trading week

EURUSD USDJPY: GBPUSD: USDCHF: USDCAD: AUDUSD and NZDUSD This article was written by Greg Michalowski at www.forexlive.com.

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US initial jobless claims 242K versus 225K estimate

Prior week initial jobless claims 229 K Initial jobless claims 242K vs 220K estimate. Highest since August 2023 4-week moving average of initial jobless claims 227.00 versus 222.5K Prior week…

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Final February Australian retail sales 0.3% versus 0.3% estimate

Preliminary 0.3% Final retail sales unchanged at 0.3% This article was written by Greg Michalowski at www.forexlive.com.

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What are the technical saying for the major currency pairs going into the new trading week

EURUSD: USDJPY: USDCHF: USDCAD: AUDUSD: NZDUSD: This article was written by Greg Michalowski at www.forexlive.com.

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Reuters Poll: 45 of 88 see a correction in the stock markets is likely in the coming 3 mo.

A Reuters Poll finds that 45 of 88 respondents see a likely correction in the coming 3 months. That leaves 43 of 88 who see it as unlikely. Looking at…

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