Is The Relatively Weak Trend For US Private Payrolls A Warning?
If you could only track one economic indicator to monitor the economy the trend in payrolls would be a solid choice.
Off To The Races
The wildly underestimated escalation tensions are what‘s giving gold additional fuel to the upside. Silver and miners will fare considerably worse than gold.
Hedging, Happiness, And The Future: Lessons From Mowry Young On Navigating The Financial Unknown
The future may be a mystery, but building portfolios with flexibility, foresight, and a touch of humility is a strategy that never goes out of style.
Continuing Jobless Claims Hit 3-Year-Highs As Initial Claims Tumble To 7-Month-Lows
Just 213,000 Americans filed for first-time jobless benefits last week - the lowest number since April - as natural disasters' effects fade from the data.
Solana Price Rally: Can Bulls Push SOL Past $350 After Crossing $241?
Solana rebounds from $156 lows, targeting $260 ATH. BlackRock’s IBIT ETF dominates with $626 million inflows in a day. Ethereum ETFs face outflows for the fifth consecutive day.
Post-Election Markets: Inflation, Debt, And The Case For Precious Metals
Markets react to Trump’s win with optimism, but inflation, debt, and economic woes persist—precious metals shine as a hedge in uncertain times...
“It’s All About Confidence” Stock Market (And Sentiment Results)…
It will not be an easy or sure path, but with solvency risk off the table (following the sale of WorldPac) and a sensible “shrink to grow strategy” – coupled with demand tailwinds, this could be another major “Turnaround Tom” special in coming years.
Initial Claims Are Positive, While Hurricane-adjusted Continued Claims Are Neutral
As is usual, the YoY% numbers are more important for forecasting purposes, and there initial claims were unchanged, while the four week moving average was down -2.3%. Continuing claims were higher by 6.3%:
EUR/CHF Price Prediction: Falling Lower After Break Out From Triangle Pattern
EUR/CHF declines to new lows after breaking out of a Triangle pattern. It is likely to continue lower according to technical analysis theory.
USD/CAD Holds Key Support Of 1.3950 As Us Dollar Resumes Upside
USD/CAD sustains above 1.3950 as the near-term outlook of the US Dollar remains firm.
China’s Puts Export Curbs On Minerals US Needs For Weapons And Technology
In a warning shot to the Trump administration, China tightens export controls on some dual-use minerals.
Nvidia’s Own Success Is Standing In The Way Of Its Stock Price Gains
Nvidia Corp dipped in pre-market trading despite handily beating Wall Street estimates for its third financial quarter and issuing strong guidance that also topped expectations.
Elliott Wave Technical Analysis: Euro/U.S. Dollar - Thursday, Nov. 21
This Elliott Wave interpretation offers traders a framework to understand the ongoing bearish trend and prepare for potential market shifts.
Why Bets Are Rising On A December Rate Cut In Turkey
The Central Bank of Turkey kept rates on hold at 50% at its November rate-setting meeting, in line with consensus.
GBP/USD Analysis: Struggles Near 6-Month Low Amidst Uncertainty
The gains made yesterday by the GBP/USD currency pair to the resistance level of 1.2715 quickly evaporated.
Nvidia’s Guidance Weighs On Equity Futures
Equity futures, which are being pulled lower by a pre-market decline in Nvidia shares, point to a soft market open later this morning.
Deere & Company Beats Expectations With Q4 FY’2024 Results
Deere & Company reported a significant 47% drop in net income for the fourth quarter of fiscal 2024, reflecting challenges in the market despite beating market expectations.
About The Dollar, Euro And Bitcoin
The market is on the fence about a Fed rate cut in December and this has left FX traders scratching their heads.
US Dollar Flattens After Fed’s Williams Delivers Dovish Comments
The US Dollar flattens on Thursday after Fed’s Williams said he sees inflation cooling and interest rates falling.
Two Trades To Watch: EUR/USD, Oil Forecast - Thursday, Nov. 21
EUR/USD struggles below 1.0550 as headwinds mount. Oil rises amid escalating geopolitical tensions.