Stocks are rallying following the release of a solid initial estimate of fourth-quarter U.S. GDP this morning, and appetite for risk appears to be making a momentary comeback.S&P 500 futures are trading 0.7% higher at 1784. Gold futures, meanwhile, are down 1.9%, trading near $1238 an ounce, and 10-year U.S. Treasury futures are down 0.3%, while the yield on the […]
Stocks are rallying following the release of a solid initial estimate of fourth-quarter U.S. GDP this morning, and appetite for risk appears to be making a momentary comeback.The S&P 500 is trading 1.3% higher at 1796. Gold futures, meanwhile, are down 1.5%, trading near $1243 an ounce, and 10-year U.S. Treasury futures are down 0.3%, while the yield on the […]
Morning technical analysis – 19 December 2013December 19, 2013 by Craig Erlam in Technical analysisEURUSDThe FOMC announcement did not disappoint last night, creating huge surges in volatility, followed broadly by dollar gains. The euro was one of the biggest losers against the dollar last night, closing more than 80 pips lower on the day following the initial period of excessive […]
