US: Trump's Approval Stabilises But Voters Not Sold On Handling Of Issues
May-09 17:40
President Donald Trump's approval rating has stabilised heading into the weekend, with surveys appea...
Want to read more?
Find more articles and bullets on these widgets:
Historical bullets
US STOCKS: Equity Rally Extends With Clearance Of Initial Resistance
Apr-09 17:30
ESA has since cleared resistance at yesterday’s 5305.25.
- Latest high 5388.00 but back closer to 5330 in highly fluid trade.
- Next resistance seen at 5435.00 (Apr 4 high), after which lies 5554.41 (20-day EMA).
GBPUSD TECHS: MA Studies Remain In Bull-Mode Position
Apr-09 17:30
- RES 4: 1.3274 High Oct 3 ‘24
- RES 3: 1.3207 High Apr 3 and the bull trigger
- RES 2: 1.3017 61.8% retracement of the Apr 3 - 7 sell-off
- RES 1: 1.2899 38.2% retracement of the Apr 3 - 7 sell-off
- PRICE: 1.2774 @ 15:36 BST Apr 9
- SUP 1: 1.2709 Low Apr 7
- SUP 2: 1.2654 50.0% retracement of the Jan 13 - Apr 3 bull cycle
- SUP 3: 1.2652 2.0% 10-dma envelope
- SUP 4: 1.2559 Low Feb 28
GBPUSD traded sharply lower Monday but is recovering from this week’s low. For now, the recent sell-off appears corrective. Price has traded below the 50-day EMA - a concern for bulls - however, MA studies remain in a bull mode position and this highlights a dominant uptrend. A continued recovery would open 1.2899 and 1.3017, Fibonacci retracement points. A move through Monday's 1.2709 low, would signal scope for a deeper retracement.
US TSYS: New Tariffs: Ups China Duty to 125%, 90 Day Pause for Others
Apr-09 17:25
- Heavy two-way trade, Tsys remain weaker after Pres Trump raises the tariff on China to 125% effective immediately, but calls for a 90 day delay on others while lowering reciprocal tariffs on 75 countries to 10%.
- June'25 10Y trades 110-18 last (-29), 10Y yield +.0736 atg 4.3664%. Curves reverse course, flatter: 2s10s -6.216 at 49.897.
