S&P 500 fulfilled my call for a tame retracement ahead of CPI, and so did precious metals swinging higher and outperforming commodities. The real question though remains whether headline CPI comes in at 2.7% expected, with core still at 3.3%, or not.Quoting
The close of another eventful year in the financial markets approaches. Focus now shifts to a seasonal phenomenon that has intrigued investors for decades: the Santa Claus Rally. Known for its tendency to boost stock prices during the final trading days
During the summer of 2024, the volume of goods traded between the U.S. and China saw an increase after a 21 month-long plunge because of the Biden-Harris administration’s anti-free trade actions. The value of goods exchanged between the U.S. and
Image Source: Unsplash Mazda Motor Corp (MZDAF) is a Japanese automobile manufacturer. The company primarily manufactures passenger cars and commercial vehicles.Also, Mazda manufactures diesel and petroleum gasoline engines, along with manual and automatic transmissions for vehicles. The vast majority of Mazda’s
Image Source: Pixabay Asian markets declined as investors awaited key US inflation figures to assess whether the Federal Reserve will lower or maintain interest rates in the upcoming week. China’s top policymakers are currently engaged in discussions regarding the potential decision
Image Source: Pixabay Fed Balance SheetBelow is a chart posted and updated regularly by the Federal Reserve Bank of St. Louis… As can be seen in the above chart, total assets of the Federal Reserve Bank have declined by 22 percent
Image Source: Unsplash Today you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the
USDCHF Elliott Wave Analysis – Trading Lounge Day Chart U.S. Dollar/Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Navy Blue Wave 3 Position: Gray Wave 3 Direction (Next Higher Degrees): Navy Blue Wave 3 (initiated) Details: Navy Blue Wave 2
Image Source: Unsplash Oil prices rose on Wednesday as hopes of a revival in demand from China boosted sentiments. China’s oil imports rose on a year-on-year basis for the first time in six months during November. China’s Politburo on Monday
Photo by Colin Watts on Unsplash GBP/JPY recovers daily losses ahead of the US inflation report. The JPY depreciates due to uncertain expectations for BoJ’s further rate hikes. The Pound Sterling receives support from the increased likelihood of the BoE to keep
