S&P 500 Futures Turn Lower After Microsoft and Alphabet Post Mixed Earnings. Now What?
Microsoft’s quarterly results topped expectations, but Alphabet’s earnings came well below market forecasts, driving S&P 500 futures lower in extended trading.
Microsoft’s quarterly results topped expectations, but Alphabet’s earnings came well below market forecasts, driving S&P 500 futures lower in extended trading.
EUR/USD may stage a larger recovery ahead of the European Central Bank (ECB) meeting if it clears the opening range for October.
San Francisco Fed President Mary Daly surprised markets with dovish rhetoric ahead of the Fed’s blackout period
Both the BOE and ECB are expected to tighten quickly over the coming months.
Cable continues to surge as markets appear to accept Rishi Sunak as the next PM of the United Kingdom.
Bitcoin prices have remained in the same range for over three weeks while US stocks advance.
U.S. consumer confidence worsened in October after a brief two-month recovery, a sign that Americans are losing faith in the economy and may soon begin to curb spending more aggressively.
The British Pound has found firmer footing after Boris Johnson pulled out the race to be Prime Minister. The US Dollar resumed ascending elsewhere as growth risks re-emerge.
Dax and FTSE are under pressure at critical resistance as technical levels from historical moves hold firm.
The Australian dollar was unable to find support after the Labor Budget this morning as global external factors dictate price action.