Ian Reynolds
Podcasts | Daily LinkedIn | Weekly LinkedIn | Check out the website
Overnight
Economic Indicators Released Overnight
Not much data wise overnight and in fact markets are now tired of looking at conflicting US data, manipulated or simply irrelevant.
Equities managed a small gain as US/China trade talks reconvene in London.
US Equities
Have the feeling that a big move is coming up as Bitcoin attempts an new all time high, Gold and Silver surge and then pull back, equities drift higher, bonds await the UST 30 year auction on Thursday, and USD still below the downtrend.
Something will have to break.
Breaking
Bitcoin
BTC into the resistance zone for the second time. That 94k level looks great for a final washout of week longs before the blast higher.
BITCOIN / USD Daily
Commodities
Gold and Silver surged then pulled back yesterday without much real change. Brent however is pushing up firmly into heavy resistance at $69/72.
SPOT BRENT Daily
Bonds
US and other bonds rallied a small amount yesterday, but Canadian yields are still pushing higher, challenging two year resistance.
Canada 10 Year Government Bond Yield Daily
Foreign Exchange
USD still stuck below resistance from February. Big move coming.
DXY Daily
Equities
Same with the NASDAQ, we're going to break the bull flag soon.
NASDAQ COMPOSITE Daily
Interesting
Russia To Build Eight Nuclear Power Plants In Iran Amid Standoff With US [Zerohedge]
Apollo eyes $100 billion Germany investment as private capital swerves U.S. turmoil for Europe [CNBC]
Economic Indicators Today
