FX Daily: Dollar Sprints To The Finish Line
The Fed delivered a hawkish cut yesterday, signalling only 50bp of easing in 2025 and shifting to a more patient tone on easing. That has led to another dollar rally, which we see extending into the new year.
Here’s Why The Russell 2000 ETF Slumped After Fed Decision
The iShares Russell 2000 ETF (IWM) crashed hard after the Federal Reserve delivered a highly hawkish interest rate decision. It slumped by over 3%, reaching a low of $218, its lowest level since November 5.
Earnings Growth Expected To Broaden Beyond Tech
For 2024 Q4, total S&P 500 earnings are currently expected to be up +7.4% from the same period last year on +4.8% higher revenues.
Silver Price Forecast: XAG/USD Falls To Three-Month Lows Near $29.50
Silver price (XAG/USD) extends its losing streak for the sixth consecutive session, trading around $29.50 per troy ounce during the Asian hours on Thursday.
Financial Markets Report For Wednesday, Dec 18
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 18.
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Thursday, Dec 19
Wave (3) appears to have ended and the price is now entering a correction phase in wave (4). So wait for the correction to complete to rejoin the trend.
Current Report: Mitsubishi Shokuhin
Mitsubishi Shokuhin Co Ltd (MSHXF) is a Japan-based company engaged in the food and beverage business. Share price increased 20.4% over the past year from $26.91 to $32.40, as of Wednesday’s market close.
Sticky UK Services Inflation To Come Lower In 2025
Services inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in
The Fed’s Rate Cutting Cycle May Already Be Over
As expected, the Fed cut rates by 25 basis points, but the market was caught off guard by the Fed’s positioning regarding future rate cuts. Looking back, it was somewhat obvious.
Australian Dollar Pares Losses Following Consumer Inflation Expectations
The Australian Dollar (AUD) pares daily losses following the release of Consumer Inflation Expectations on Thursday.
Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited
The Japanese Yen (JPY) will be in the spotlight this Thursday as the Bank of Japan (BoJ) is scheduled to announce its final policy decision of the year.
Metal Markets Report For Wednesday, Dec 18
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
Stock Market Sells Off On New Fed Rate Policy
Today’s Federal Open Market Committee (FOMC) decision to cut interest rates has had a negative effect on today’s stock market.
Playing By The Rules: The Importance Of Import Regulation On Managing Domestic Steel Supply
Steel is a foundational building material and a major market commodity with important taxing rules and import guidelines, the enforcement of which benefits economic advancement and safeguards the nation's infrastructure.
Nasdaq 100 & S&P 500 Elliott Wave Update - Wednesday, Dec 18
We started the week with a "moon shot" and today we had a "moon drop." Actually, I've read that some traders have labeled the type of pattern we've had building since Monday a "Matterhorn."
Fed Rate Cut Triggers Elliott Wave Primary Wave 4: S&P 500, NDX, DAX, FTSE & ASX Outlook
After the Fed’s quarter-point rate cut, markets fell sharply, sparking Elliott Wave analysis interest. If a five-wave pattern emerges, a Primary Wave 4 correction may follow.
Fed Confirms A Slower And Shallower Rate Cut Story For 2025
We got another 25bp policy rate cut from the Fed, but updated projections and Chair Powell’s press conference confirms that the Fed is going to be much more cautious next year with sticky inflation.
Business Cycle Indicators As Of Mid-December
Hardly accelerating growth, but too early to declare recession, given increases in employment and personal income in November.
3 Consumer Staples Stocks For Long-Term Dividend Growth And Income
The following 3 consumer staples stocks have high expected returns above 10% per year.
Why Don’t EU Firms Innovate? The Hidden Costs Of Failure
The details of employment protection laws vary across European countries, but in general, they make it harder to fire workers and often require that fired workers be paid for several months after firing.