European Indices Under Pressure
Equity markets in Europe were mostly down on Monday.
EUR/JPY Trades Below 161.50 After Pulling Back From Four-Week Highs
EUR/JPY retreats after hitting a four-week-high of 162.47 on Tuesday. The German IFO Business Climate came in at 84.7 in December, down from November’s 85.6 reading.
Uranium Miners ETF Correction Should Find Support
The Global X Uranium ETF (URA) is an exchange-traded fund (ETF) that seeks to provide investment results that correspond generally to the price and yield performance of the Solactive Global Uranium & Nuclear Components Total Return Index.
Permabull? Hardly
Labeling investors as “permabulls” or “permabears” oversimplifies the complexities of portfolio management, which requires responding to evolving market dynamics.
GBP/USD Forex Signal: Bearish Flag Chart Pattern Forms
The GBP/USD pair rose slightly as traders prepared for the last busy week for the UK and the US of the year.
Sensex Today Trades Lower; Nifty Below 24,650
Indian share markets are trading on negative note with the Sensex trading 213 points lower and Nifty is trading 61 points lower.
BTC/USD Forex Signal: Bitcoin Breaks $107,000, How Much Higher?
Bitcoin has broken above the recent high around $105,000. The coming days will show whether this breakout will hold or collapse.
A Tale Of Two Economies
Financial markets are looking at quite a contrast between developments in the US and abroad.
FX Daily: Waiting On The Last Big Macro Events Of The Year
USD has continued to buck seasonal depreciating trends thanks to a still-high short-term swap rate.
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Tuesday, Dec. 17
The market remains in an impulsive phase, with micro wave 3 progressing downward.
US Dollar Index Rebounds To Near 107.00 As US Retail Sales Data Loom
The US Dollar Index (DXY) posts modest gains to around 106.90 against major currencies during the early European session on Tuesday.
Oil Prices Struggle To Hold Gains Amid Faltering China Demand
Oil prices were lower on Tuesday as weak demand from China dampened sentiments.
Novo Nordisk Short
My March $115 puts on NVO are still in the green, although less so with Friday’s bounce. My faith in that well-formed H&S top is unshaken, however, so I am planning to hold on tight until the dashed green horizontal, my target.
Trump Proposes Killing The $7,500 EV Credit And Seeks Tariffs On Battery Materials
Donald Trump's transition team proposes cutting support for EVs and charging stations while tightening measures against cars, parts, and batteries from China.
Metal Markets Report For Monday, Dec 16
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
Current Report: Adecoagro
Adecoagro SA (AGRO) is a Luxembourg-based agricultural company. Share price increased 27.75% over the past year from $7.83 to $10.28, as of Monday’s market close.
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Tuesday, Dec 17
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.
Financial Markets Report For Monday, Dec 16
In this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, December 16.
US Markets Sizzle, While Global Markets Fizzle
Wall Street is surging ahead as traders buckle up for a week crammed with pivotal interest rate decisions from major central banks globally. The show's star is undoubtedly the Fed, expected to trim rates by 25 basis points.
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Dec 16
Nasdaq 100 went on another "moon shot" today with the market making substantial gains and most of the Mag 7 also saw strong gains.