Intermarket Archives

10 Minutes

Commodities

PPI better, Retail Sales ok, Fed cut, really?

News November 16, 2023

Share: PPI also better than expected – Markets rally, just not so much. Retail Sales weaker m/m but better than expectations…. Consumer is strong. FED Cut? Come on man…. Really? Dollar down,...

4 Minutes

Commodities

CPI data propels markets

News November 15, 2023

Share: USD: Dec ’23 is Up at 104.030. Energies: Dec ’23 Crude is Down at 77.69. Financials: The Dec ’23 30 Year T-Bond is Down 10 ticks and trading at 115.04. Indices: The...

3 Minutes

Forex

Equity markets decline amid HK and JP corporate earnings

News November 10, 2023

Share: General trend – Japanese firms expected to report earnings include Tokyo Electron, Bridgestone, Shiseido, Nitori, Resona, Isuzu, ASICS, McDonald’s Japan, Isetan, Yokohama Rubber, Sapporo, Japan Display. – Taiwan Semi to release...

2 Minutes

Stocks

Marks and Spencer sparkles as it restores the dividend

News November 8, 2023

Share: Over a year ago the Marks and Spencer share price was at 2-year lows and not far off its pandemic lows of 2020 as pessimism abounded about the UK economy. Since...

9 Minutes

Commodities

Dollar bugs rallied the troops to buy Dollars once again

News November 7, 2023

Share: Good Day… And a Tom Terrific Tuesday to you! What boring game to watch last night. Chargers and Jets… The Jets reminded me of my senior year football team, great defense, offense...

3 Minutes

Forex

Rates spark: Not called resilient for nothing

News November 7, 2023

Share: After a huge fall in yields last week, there has been an attempt to engineer some semblance of a reversal so far this week. We expect to see more of that...

9 Minutes

Commodities

Markets are convinced that the Fed is done, bonds rally, yields fall, stocks rally

News November 3, 2023

Share: Sammy is going to jail for a long time. BoE joins the ECB and The FED – holding rates steady again. Markets now expect the FED to halt rate hikes –...

2 Minutes

Commodities

No more, markets said

News November 2, 2023

Share: S&P 500 moved up in two bursts – on underwhelming manufacturing PMI and on Powell. No more hikes – yields moved sharply lower on both short and long end, implying the...

12 Minutes

Forex

Yellen said what? No way – Oh, but she did say that

News October 30, 2023

Share: Metals end the week, on a high note! Russian Central Bank defends the ruble. Good Day… And a Marvelous Monday to you! Well, our time with nice weather in the fall,...

9 Minutes

Commodities

S&P officially enters the ‘correction zone’, Israel slows the Gaza invasion

News October 30, 2023

Share: The S&P enters the ‘correction zone’ leaving only the Dow in the ‘normal zone.’ The Middle East conflict did not go into overdrive – oil lower, gold steady and stock futures...