Daily Report

「Mark Leigh Trading Education」

End of Day Report

Market Highlights 1 - US stocks close higher. DJ +0.94%, S&P +0.80%, NASDAQ +0.97% 2 - US has submitted a new trade deal to the EU; White House: July 9 deadline for trade deals not important 3 - WTI crude up $0.40 to $65.36; US 10 yr yields down 4.2 bps; gold down $1 to $3330; CHF leads,...

End of Day Report

Market Highlights 1 - USD stays on the defensive 2 - JP Morgan tip a rate cut in December 3 - US stock markets finish mostly flat; European equities finish lower on the day 4 - Euro rises to fresh high since 2021 5 - US 10yr yields down 1bps, WTI crude up $0.86 to $65.23, gold up $9 to $...

End of Day Report

Market Highlights 1 - Powell tilts a little more dovish in testimony; US June consumer confidence 93.0 v 100.0 expected 2 - US stock markets finish strongly, near the all-time highs; tech and financial stocks lead the way 3 - Crude oil settles sharply lower for the 2nd consecutive day, down ...

End of Day Report

Market Highlights 1 - Oil breaks June high. WTI crude rises to $75 2 - US stock markets closed for Juneteenth day with futures at weekly lows 3 - Gold unchanged at $3370 4 - European shares closed lower; BOE leaves rates unchanged at 4.25% 5 - USD closed mixed against the majors. EUR-0.1...

End of Day Report

Market Highlights 1 - FOMC: no change to rates, as expected; USD climbs as Powell highlights inflation 2 - BOC Macklem: hope is that new trade deal will lead to tariffs being removed 3 - Gold down $22 to $3366; US 10yr yields down 1bps; WTI crude flat at $74.87 4 - US major stocks close mi...

End of Day Report

Market Highlights 1 - US stock markets struggle on Iran angst. S&P -0.8%, NASDAQ -0.9%, DJ -0.7% 2 - Will we see oil above $100 again? Oil closes $3 higher on the day 3 - BOA: predicts short-term USD bounce; June FOMC unlikely to reverse USD weakness, even if dot plot turns hawkish 4 - ...

End of Day Report

Market Highlights 1 - US stock markets closed with strong gains; S&P +0.9%, DJ +1.1%, NASDAQ +1.5%; war in the middle east does little to dissuade the bulls 2 - USD reverses losses as G7 gets underway; NZD leads, Yen lags 3 - Trump: Im sure we can work something out with Canada; Pound sh...

End of Day Report

Market Highlights 1 - Trump expands 50% tariffs to appliances starting June 23; Trump: auto tariffs may go up in not distant future 2 - Gold up $35 to $3388; WTI crude down 4 cents to $68.11; US 10yr yields down 5.7 bps 3 - Euro breaks $1.16 as USD dips on soft US data; CHF leads as USD lags...

End of Day Report

Market Highlights 1 - US indices close lower. Losers - AMZN, AAPL; Winners - SOFI, HOOD (Robin Hood Markets); European indices close the day mostly lower 2 - Gold pushed higher on a flight to safety +$30 at $3353; US yields close lower 3 - Crude futures settle at $68.15. Up $3.17 or 4.88%. I...

End of Day Report

Market Highlights 1 - HSBC: Global stocks may rise short term (3 months), but tougher road ahead 2 - US stocks close higher led by NASDAQ +0.63%; hopes for an agreement between US and China helped support the market 3 - WTI crude down $0.54 to $64.75; US 10 yr yields down 1.6bps; oil tries t...

End of Day Report

Market Highlights 1 - Bitcoin has tested above $110K again 2 - Morgan Stanley holds the line on Tesla, sees long-term upside despite political situation 3 - US yields all close lower on the day, 10yr still above technical levels; WTI crude settle at $65.29, up $0.71 4 - US major indices cl...

End of Day Report

Market Highlights 1 - Elon Musk says the Trump tariffs will cause a recession in the 2nd half of 2025 2 - Xi: China and US agree to start a new round of trade talks 3 - ECB cuts rates by 25bps in June as expected 4 - US 10yr yields up 3.4bps; WTI crude up $0.52 to $63.37; Gold down $19 to ...

End of Day Report

Market Highlights 1 - Bank of Canada rate decision: rates held at 2.75% as expected. 2 - USD falls after soft ADP and ISM data. USDCAD fell to lowest since October 2024. 3 - Gold up $21 to $3372; US 10yr yields down 10bps; WTI crude down $0.59 to $62.82 4 - Bank of America: we expect May N...

End of Day Report

Market Highlights 1 - Trumps big boosted steel tariffs will take effect 12.01am on June 4 2 - Gold down $27 to $3351; WTI crude up $0.90 to $63.43; USD leads, JPY lags; USDJPY up a full cent as US economy keeps on rolling 3 - JOLTS April jobs openings $7.39m v $7.10m expected 4 - White Hou...

End of Day Report

Market Highlights 1 - USD declines as traders fear US/China trade issues; USDCAD trades to new 2025 low 2 - Major US indices close higher to start the week. Some of the big gainers: META, SOFI; big losers: TSLA, GOOGL 3 - WTI crude up $1.73 to settle at $62.52; Gold up $80 to close $3380; US...

End of Day Report

Market Highlights 1 - Tariffs off and on again following court rulings leading to more market uncertainty 2 - The USD fell against the major currencies; major US indices closed higher led by tech stocks; NVIDIA rises after earnings 3 - US Debt market - yields lower across the board, WTI crud...

End of Day Report

Market Highlights 1 - Major US stock indices close lower on the day. DJ -0.58%, S&P -0.56%, NASDAQ -0.51% 2 - Crude oil rose $0.92 at $61.82; Gold fell $6.59 at $3294 3 - Major European indices close the day lower; German DAX backs off record high level 4 - RBNZ cuts by 25bps; MUFG loo...

End of Day Report

Market Highlights 1 - US major indices have a solid start to the short week. DJ +1.78%, S&P +2.05%, NASDAQ +2.47% 2 - NZDUSD moves lower ahead of RBNZ rate decision. Expectations for a 25 bps cut to 3.25% 3 - In the US debt market yields moved lower with the long end outperforming. Crude...

End of Day Report

Market Highlights 1 - Bank of New Zealand expected to cut its cash rate by 25bps this week 2 - Reported trade deal between SA and US - SA to buy $1bn/yr in liquified gas from US, SA avoid paying duties on exports of 40000 vehicles/yr to the US 3 - European indices close mostly higher 4 - E...

End of Day Report

Market Highlights 1 - Stock close mixed with S&P and DJ little changed. NASDAQ higher with TSLA, GOOGL, NVDA and AMZN all up on the day. 2 - Reserve bank of New Zealand expected to cut rates on May 28 - unanimous view. 3 - Yields reverse lower, 10 yr down 6bps; Bitcoin hits new record h...

End of Day Report

Market Highlights 1 - Gold well supported, expected to test $3500 2 - Morgan Stanley says Fed rate cuts may not begin until September 3 - All major US stock indices close lower on the day as yields rise; DJ biggest loser -1.91% 4 - Is Apple in serious trouble? Analysts: 59%- buy, 33%- hol...

End of Day Report

Market Highlights 1 - AUD: CBA brings forward rate cut forecasts, flags risks of earlier and deeper easing 2 - Canada rate cuts hope dwindle after hotter core CPI 3 - WTI crude down 7 cents to $62.56; US 10yr yields up 1 bps; Gold up $65 to $3293 4 - European equity close: strong gains as ...

End of Day Report

Market Highlights 1 - US stocks close marginally higher; S&P up for 6th consecutive day; European major indices close mixed on the day 2 - Reserve Bank of Australia 25 bps rate cut expected 3 - At the open the USD was sharply lower, by end of day most had recovered modestly against major...

End of Day Report

Market Highlights 1 - WTI crude down $1.42 to $61.77; US 10 yr yields down 9bps; Gold up $60 to $3234 2 - Dip in PPI pulls down JPYUSD; Bank of Mexico cuts prime interest rate from 9.0% to 8.5% 3 - JP Morgan: US recession risks remain high amid inflation and deficits 4 - Major US indices c...

End of Day Report

Market Highlights 1 - Deutsche Bank says US equities to maintain outperformance amid tariff pause 2 - US equities ended the day mixed. DJ -0.21%, S&P + 0.10%, NASDAQ + 0.72% 3 - US Debt market - yields ended day higher, 10yr +4.3 bps; crude down $0.76 at $62.91; Gold down $68 at $3181; B...

End of Day Report

Market Highlights 1 - Major US stock markets close mixed. DJ -0.64%, S&P +0.72%, NASDAQ +1.61%. S&P is positive for the year 2 - Trump tells Powell to cut rates” Let it happen, it will be a beautiful thing” 3 - WTI crude up $1.73 to $63.68; Gold up $15 to $3248; 10 yr yields up 2.8 b...

End of Day Report

Market Highlights 1 - Citi forecasts: gold stabilize between $3000 and $3300, July Fed cut instead of June 2 - Gold down $90 to $3233; WTI up $0.94 to $61.96; US 10 yr yields up 4.47% 3 - Major European indices close higher on the day 4 - Goldman Sachs expects Fed rate cut in December and ...

End of Day Report

Market Highlights 1 - Bitcoin hits a high of $107K 2 - Major US indices close higher for 2nd consecutive day 3 - BOE cuts by 25bps but its a mixed decision 4 - Crude oil up $2.17 to $60.24; Gold fell $60 to $3304; US yields move higher- 2, 5, 10 and 30yr 5 - USD soars as markets sniff ou...

End of Day Report

Market Highlights 1 - Major indices closed higher for the first time this week. DJ +0.70%, S&P +0.43%, NASDAQ +0.27$ 2 - Fed Chair Powell: I don’t think we can say which way this will shake out. USD rallies throughout conference 3 - USD moves higher against all major pairs; 2, 5, 10 and ...

End of Day Report

Market Highlights 1 - USD slumps as trade deals remain stuck 2 - Gold up $89 to $3423; WTI crude up $1.98 to $59.12; US 10yr yields down 3.7bps 3 - Yen leads, USD lags; AUDUSD looking up at 0.6500 level 4 - S&P closes lower for 2nd consecutive day -0.77%, DJ -0.95%, NASDAQ - 0.87% 5 -...

End of Day Report

Market Highlights 1 - Major US indices close lower; S&P and NASDAQ never get out of negative territory 2 - Gold up $92 to $3332, Bitcoin little changed at $94276, US Debt market: yields are higher across the board, crude down $1.16 to close $57.13 3 - US rejects Japan’s request for full ...

End of Day Report

Market Highlights 1 - S&P closes higher for the 8th consecutive day 2 - Gold down $54 to $3233; US 10yr yields up 3.3bps; WTI crude up $0.80c to $59.02 3 - USD/JPY soars as yields turn higher; USDCAD back above 100/200 MAs 4 - USD continues to run higher alongside stock markets 5 - F...