US Retail Sales 'Control Group' Unexpectedly Tumbled In October After Huge 'Seasonal Adjustment'
The headline retail sales print beat expectations rising 0.4% (+0.3% exp). Core retail sales (ex-autos and gas) disappointed, rising just 0.1% (+0.3% exp).
Analytical Overview Of The Main Currency Pairs - Friday, Nov. 15
From a technical point of view, the medium-term trend of the USD/JPY currency pair is bullish.
AUD/USD Outlook: Dollar Thrives On Trump Trade Momentum
The greenback has had one of the best weeks in over a month. Powell assumed a more hawkish tone on Thursday. Australia’s economy added 15,900 jobs, compared to estimates of 25,200.
GBP/CAD Price Prediction: Vulnerable To More Downside As Bears Hunt Targets
GBP/CAD is pulling back in a short-term downtrend, however, it is likely to resume its bearish bias. The pair recently broke down out of a bearish Rising Wedge but downside targets have yet to be hit.
Real Retail Sales Jump Nicely, But We’re Not Out Of The Woods On Consumption Just Yet
In October retail sales rose 0.4% on a nominal basis. After adjusting for inflation, they rose 0.2%.
XRP Price Rockets Upward: Bulls Poised For More Gains
XRP price is up over 15% and moving higher above the $0.740 support zone. The price could accelerate higher if it clears the $0.8450 resistance zone.
GBP/JPY Declines As Stronger Growth Data From Japan Lifts The Yen
GBP/JPY trades lower on Friday after Japanese GDP data beats expectations and data for the same period from the UK.
My SPX Support – Now What
The S&P 500 held up till a bit hotter than expected PPI came, setting the daily tone in twists and turns.
Elliott Wave Technical Analysis - Berkshire Hathaway Inc.
BRK-B is in the process of completing wave 2 of wave (5).
Dollar Dominates As Powell’s Hawkish Stance Fuels Market Jitters
The dollar is poised for a substantial weekly gain following Powell's hawkish comments.
Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally
Bitcoin is facing a noticeable decline in price, dropping by 6.1% in the past day to a current trading price of $87,977.
Boeing Down 70%
Not only is the stock down 70% from its peak (in the midst of lifetime highs around the world) but the 15-year trendline from March 2009 is broken
US Dollar Retreats As Traders Opt To Take Profits Following Trump Trade Rally
The Greenback trades on the back foot, giving back Thursday’s gains.
Domino’s Pizza Stock Surges After Berkshire’s $549M Investment Announced
Berkshire Hathaway's recent investments in Domino's Pizza and Pool Corp have sparked market interest.
The Trump Factor Takes A Toll On Foreign Stocks
The election victory has fueled a strong rally in US equities, but Donald Trump’s comeback is seen as a new risk factor elsewhere as Washington prepares to pivot to the new edition of an “America First” policy.
FX And Rates Unwind Yesterday's Powell Effect, US Index Futures Slide
The dollar bounced, and US rates rose yesterday afternoon in response to comments by Fed Chair Powell. But he did little more that reiterate what he had said at the recent press conference.
Paul Tudor Jones: I Won’t Own Fixed Income
Paul Tudor Jones recently voiced concerns that rising U.S. deficits and debt and increasing interest rates could lead to a fiscal crisis.
Markets Totally Disconnected From The Real Economy
According to IFO economic institute, order shortage in Germany continues to worsen, hindering economic development and affecting almost all sectors.
Critical Things Every Trader Should Know About Market Crashes
In the fast paced world of stock trading, understanding how markets behave during extreme downturns is essential for surviving volatile periods.
Polish Inflation Rises As Energy Price Freeze Extended Into 2025
We have confirmation that Polish CPI rose to 5% YoY in October despite some moderation in core inflation.