It is 23 years since the terror attacks on 9/11/2001 that changed NYC and the course of history. For those who lived through it, as I did, we will never forget. For a younger generation, it is hard to describe the feeling and emotion of that dreadful day as I sat frozen in front of my trading platform.
LONDON, Sept 11 (Reuters) – A look at the day ahead in U.S. and global markets by Dhara Ranasinghe.
As a combative U.S. presidential debate grabs attention, upcoming U.S. inflation numbers have fallen into the background — but perhaps only temporarily.
Next focus is on the US CPI report in 2-1/2 hours. Click below for a detailed preview.
Newsquawk.com Week Ahead: 9th-13th September
Highlights include China CPI, US CPI/PPI, ECB rate decision; UK GDP & employment/wages
USDCAD Daily
Loonie went on several occasions on stop hunting below The Major Support trend line, but never – ever closed even ones below.
Important resistance and deal breaker is at 1.36300 – if above sky is the limit 😀
Supports : 1.35650 , 1.35150 & 1.34850
Resistances : 1.36300 , 1.36850 & 1.37850
US 10-yr Yield | 3:36 AM EDT
3.616%
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what is that watson ?
US economy going the way of a morning turd
on economy’s impottant indicators: GDP, job turfings and type of new job creation and … price inflation
the rate may be coming down somewhat BUT inflation is cumulative so the APPARENT cost of goods and services keeps going up.
Using what I call AT (Amazing Trader) logic, key levels are the last key low that preceded a new high or the last key high that preceded a new low.
What I mean by a preceding low or high is an AT line.
If you look at this daily EURUSD chart, there were no red AT lines from 1.0949 => 1.1201.
This makes 1.0949 the preceding low/line ahead of the 1.1201 high and the key one on this chart.
The same logic can be used for shorter time frame trends.
But in any case, you can see why 1.0949 was more important than 1.1026 on a daily chart.
s always feel free to ask us any questions in the Q&A.
It is hard to write about tonight’s U.S. presidential TV debate without expressing a political view but I will give it a try.
Trump vs. Harris Debate: Will Markets React?
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