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Diego Colman

US Dollar Gains Despite Lower Yields ahead of Core PCE Data. What Now for DXY?

US DOLLAR KEY POINTS:U.S. dollar jumps despite lower U.S. Treasury yields, with the large drop in the euro explaining this moveU.S. third-quarter GDP tops expectations, but the internals point to economic weaknessAll eyes...

US Economy Grows by 2.6% in Third Quarter, but GDP Data May Overstate Strength

THIRD-QUARTER GDP KEY POINTS:The U.S. economy returned to growth in the third quarter, expanding at an annualized rate of 2.6% versus 2.4% expectedThe GDP report points to economic resilience despite rapidly tightening financial...

S&P 500 Stages Big Turnaround Despite Microsoft & Alphabet Carnage, US GDP Eyed

US STOCK MARKET OUTLOOK:The S&P 500 rebounds after at sharp sell-off at the market openAlphabet and Microsoft shares tumble on disappointing quarterly results, but bearish sentiment is offset by a steep pullback in...

S&P 500 Futures Turn Lower After Microsoft and Alphabet Post Mixed Earnings. Now What?

MICROSOFT & ALPHABET EARNINGS RESULTS:MSFT beats on EPS and revenue expectationsGOOG misses both top-line and bottom-line estimatesS&P 500 futures slides in extended trading following a solid rally during regular trading hours Trade Smarter -...

US Dollar Weakens as Consumer Confidence Slumps Amid Heightened Recession Risks

US CONSUMER CONFIDENCE KEY POINTS:U.S. consumer confidence falls to 102.5 in October from 107.8 in September, missing consensus expectations calling for a pullback to 106.5The slump in sentiment is caused by a sharp...

Nasdaq 100 Jumps ahead of Microsoft and Alphabet Earnings

STOCK MARKET OUTLOOK:S&P 500 and Nasdaq 100 rise for the second consecutive day, despite the sell-off in Chinese stocksWeak U.S. economic data doesn't prompt a negative reaction on bets that the slowdown could...

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