Strategies

Breaking News - Wal-Mart Earnings
Futures

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Wal-Mart reports earning ahead of the bell.

Market Wrap Up
Commodities

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This stock market has problems. Problems indeed! With what appeared to be an oversold bounce this morning was shattered on more negative news from the ECB cutting funding to certain Greece’s banks not to mention the FOMC statement about highlighting several members saw the need for additional stimulus causing the bulls packing once again.

Aussie and Euro Hit Fresh Lows but Rebound Ahead of Fed Minutes
Currencies

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After Greek leaders announced that they failed to form a government, guaranteeing at least one more round of elections, higher yielding currencies and risk-correlated assets entered a free fall. The EURUSD fell to its lowest level since January 17 overnight while the AUDUSD dropped to its lowest level since December 15. Similarly, global equity markets have sold off sharply in the aftermath, with Asian shares being hit the hardest.

AUD/USD Technical Outlook
Currencies

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The Aussie dollar against the U.S. dollar continues is move lower supporting our bearish basis on the AUD/USD.

Breaking News - Housing Starts
Commodities

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Breaking New April’s housing starts are out:

Breaking News - Consumer Economic Data Results.
Commodities

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Consumer Economic Data Results.

Dollar: JPMorgan Fiasco Fails to Set Off Crisis, Back to Europe
Currencies

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Any way you cut it, the dollar’s recent performance is impressive. So far this month, the Dow Jones FXCM Dollar Index (ticker = USDollar) has climbed 1.9 percent to its highest weekly close since the middle of December. Looking at currency’s performance in specific corners of the market, we find the EURUSD is below 1.3000, AUDUSD is at its lowest level this year and the greenback has even been able to muscle gold (another safe haven) into a potentially critical reversal of a trend that goes back over three years.