The US Dollar may stay in a correction after the US CPI inflation report, as we see it is trading in a higher degree corrective rally from the Elliott wave perspective.

Futures indicate the market anticipates 140 basis points (bps) of cuts this year. Japanese workers’ real wages fell again in November. Tokyo’s consumer inflation fell further.

Inflation has surprised to the downside and disinflationary pressures are visible across the consumer basket. Headline and core inflation is below the CNB forecast.

EUR/USD looks to US inflation data. FTSE 100 rises with supermarkets in focus ahead of US CPI.

Indian share markets are trading higher with the Sensex higher by 182 points, while the Nifty is trading 54 points higher.

We expect a consensus 0.3% MoM core inflation reading in the US today. We don't expect today's CPI release to leave very long-lasting marks on FX.

Asian stocks followed the upward trend seen in the US despite the absence of significant driving factors, as markets anticipate the release of US CPI data.

The EUR/USD pair has remained in a consolidation phase this week as attention shifts to the upcoming US inflation numbers.

Activity is expected to pick up today, with the US economic calendar heating up. In recent sessions, economic data around the globe has been mostly second-tier in nature, which has resulted in choppy sideways trade.

The GBPUSD Elliott Wave analysis suggests that the market is in an impulsive phase, with blue wave 5 of 1 currently in play.

The GBPUSD Elliott Wave analysis is crucial for traders seeking insights into potential price movements and trend developments.

Gold holds purchasing power as the fiat currencies, which are the scorecard, lose their purchasing power. Gold allows you to freeze your purchasing power at the moment you buy.

The US dollar index price remained in a tight range on Thursday morning as traders waited for the upcoming US consumer inflation data.

The Bank of Korea (BoK) has kept its policy rate at 3.5% for the eighth consecutive meeting. But by removing "...need to raise base rate further..." from the statement, the BoK is opening the door to rate cuts.

The EUR/GBP cross snaps the two-day winning streak during the early European trading hours on Thursday. The cross hovers around the 0.8600 mark after retreating from the weekly high of 0.8620.

The Chinese economy has thrown up several red flags in 2023 and now foreign investors are losing confidence in the world’s second-largest economy.

In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.

Bitcoin 1 is still in an uptrend, with a chance to test the level of 50525.35. However, this represents an increase in wave 5, the final wave in a sequence of five waves. This serves as a warning before corrections or trend changes

With 2024 looking like another turbulent year for investments, this is a reminder why gold is still the smartest guy in the room

Nvidia broke to a new all-time high as we start 2024. The stock shows an incomplete impulsive structure from the last significant low on October 31, 2023 low. The rally from October 31 is unfolding as a 5 waves impulse Elliott Wave structure