Tag: U.S. Dollar (NYBOT:DX.M17.E)

Hello MarketClub members everywhere. The stock market is mixed today as traders continue to watch and listen to developments regarding the House's health care proposal and falling oil prices.

The markets suffered their worst day of the year on Tuesday with the DOW falling 237 points, this was largely due to fears that a prolonged battle in Congress to repeal and replace Obamacare could delay tax reform, deregulation and government spending.

U.S. crude oil futures have fallen 1.2% to a new 3 month low of $47.01 per barrel after the American Petroleum Institute said Tuesday afternoon that U.S. inventories increased by 4.5 million barrels.

Key levels to watch this week: Continue reading "Oil And Health Bill Vote Drag The Markets Down" →

Hello MarketClub members everywhere. The market is relatively unchanged today after erasing earlier losses as real estate and technology turned higher and traders turned their eyes to comments from several Federal Reserve officials.

The U.S. central bank raised interest rates for the second time in three months last week, but the "dot plot" that shows each member's expectations for where rates will be in coming years changed little from the last meeting.

Key levels to watch this week: Continue reading "U.S. Dollar Slips As Stocks Fluctuate" →

Hello MarketClub members everywhere. The University of Michigan released its preliminary index of sentiment for March and it increased to 97.6 from 96.3 in February. Americans are more satisfied than any time in the previous 16 years with the current state of their finances and the economy.

Chart courtesy of Bloomberg

Key levels to watch next week: Continue reading "How's Your Confidence?" →