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Greg Michalowski

Atlanta Fed GDPNow tracker revised down to 2.8% from 2.9%

The Atlanta Fed GDPNow tracker moves to 2.8% from 2.9% last.In their own words:The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the third quarter of 2022 is 2.8...

Stocks dip to new lows

The major US stock indices are rushing to the downside and trading to new lows for the day. The NASDAQ is leading the way with a decline of over 2.00%. Coming into the...

USDCAD trades above old ceiling levels. Buyers making a play.

The USDCAD USD/CAD The USD/CAD is...

Some mixed dollar moves into the London fixing

The Friday fix in London is over. There was some mixed moves.The EURUSD and the GBPUSD moved higher after moving below the 100 hour MA for the EURUSD at 0.97212 and below the...

Seeing some Friday volatility. USD moves higher. Stocks lower. Yields higher

The Michigan preliminary consumer confidence report through a monkeywrench into the markets. Inflation expectations with higher. The index was also higher. US stocks have rotated back to the downside.The USD is moving higher...

Major US indices build off of yesterday's reversal

<p>The major US indices are trading higher in early trading, continuing the advance seen yesterday which saw initially a sharp move lower that saw the S&P test the 50% of the range since...

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