A report coming from the UK’s Office for National Statistics (ONS) showed that average salaries, both including and excluding bonuses, rose by 5.2% per year in the three months to October.

British pay growth grew more than forecast in the 3 months to October. Markets expect only two BoE rate cuts by the end of 2025. US business activity in the services sector surged in December.

The pound has been among the strongest currencies in the G10 space so far this week, owing to strength in UK data and diminishing hopes that the Bank of England will deliver a rate cut at this week’s policy meeting.

S&P 500 shook off weak Empire State manufacturing, and correctly focused on surging services PMI instead of marginally down manufacturing PMI.

DAVE INC is a rising player in the FinTech and mobile banking space, making a name for itself by catering to underserved banking customers.

As we come into the North American open, the US Dollar remains in the driver’s seat and is up pretty much across the board.

Gold prices started the week relatively stable, trading between $2,644 and $2,664 per ounce.

On the economic front, Europe’s PMI data paint a nuanced picture: while the services sector appears poised for incremental improvement, the manufacturing space continues to underperform.

Looking for another leg lower into wave {c} of 4 as we could have a top in wave {v}.

The probability a U.S. recession will someday be determined to have begun between December 2024 and December 2025 has dropped below 50%.

The collapse of Germany shocks many. But I have been discussing why this was inevitable for over a decade.

The Dollar rallies to fresh four-year highs against a weak CAD. Strong US economic data and the political crisis in Canada have hammered the CAD. Monetary divergence between the Fed and the BoC provides additional support to the US Dollar.

Broadcom Inc., (AVGO) designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal oxide semiconductor.

The US Dollar edges higher after US preliminary Services PMI data suggested the economy remained strong, boosting the Greenback.

The U.S. dollar index is up over 6% this year, almost all attributable to a post-election surge.

European gas prices came under further pressure as ongoing discussions on Russian gas flows via Ukraine, stronger LNG imports and milder weather forecasts eased any immediate supply concerns.

The S&P 500 is up north of 27 percent year-to-date – the second consecutive year of gains of north of 20 percent.

Amid its historic price action, Bitcoin has quietly hit a new all-time high against gold.

Bitcoin rallies toward $110,000, supported by institutional interest and ETF momentum, with $90,000 serving as a strong floor for buy-on-dip opportunities.

Tesla’s stock keeps climbing as investors stay excited about its innovative plans, especially in AI and self-driving cars.