It happened again in February 2024. The size of the U.S. new home market as measured by its market capitalization shrank for the fifth month in a row.Political Calculations’ initial estimate of the size of the new home market cap
March 28, 2024
Image Source: Pixabay Overview: Comments by Fed Governor Waller, urging patience on rates and wanting more evidence that price pressures are moderating have helped the greenback extend its recent gains. The yen is the notable exception as the fear of intervention has
Euro dips against Yen after BoJ’s statements on currency watch, hinting at limited impact. Euro’s upward trend seen, with EUR/JPY potentially reaching ¥165-¥170. Focus on BoJ’s limited influence. The euro has pulled back a bit against the Japanese yen during
Image Source: Unsplash AUDJPY Elliott Wave Analysis Trading Lounge Day Chart, Australian Dollar / Japanese Yen (AUDJPY)?Day Chart AUDJPY Elliott Wave Technical AnalysisFUNCTION: Counter Trend MODE: impulsive
Image Source: Pexels On Wednesday, the US stock indices ended trading with moderate growth. A decline in T-note bond yields supported the broader market. Investors also welcomed reports that S&P Global Ratings maintained its AA+ long-term US sovereign credit rating and
Bitcoin slumped hard yesterday and dropped below $69,000, but the bulls have taken charge since then, and the asset now stands well above $70,000.While most alternative coins are slightly in the green, DOGE and BCH have gone on a tear
Image Source: Pixabay Unemployment this month dropped less than it generally has done in March since the financial crisis, suggesting that the very gradual cooling or turning of the labor market continues.The German labor market shows resilience. But only at first glance.
Overall this is a positive reading, marking an improvement among manufacturers and a surprising resilience among builders. Consumers are taking a breather, showing tentative concerns about future unemployment for the first time in months. Consumers taking a breatherAfter posting four consecutive
Image Source: Pixabay Asian stock markets are experiencing a mix of trading on Thursday, as they respond to the generally positive trends in global markets from the previous day. Some traders are taking profits following the recent market strength, while also
Image Source: Pixabay The USD/JPY, also known as the US dollar/Japanese yen currency pair, is one of the most traded currency pairs in the forex market. It represents the exchange rate between the US dollar, the world’s primary reserve currency, and
