Daily Market Outlook - Wednesday, Nov. 13
A steep uptick in U.S. bond yields alarmed investors ahead of important inflation data that may affect the rate of Federal Reserve policy easing, which caused Asian equities to fall on Wednesday.
USD/JPY At A Three-Month Peak: No One Opposes The US Dollar
The USD/JPY currency pair has climbed to a three-month high of 154.87, driven by the strengthening US dollar following Donald Trump’s election victory.
Elliott Wave Technical Analysis - Coffee Commodity
Coffee is returning to the upside after a five-week pullback.
US Inflation Data Comes Into Focus
The market has been very sensitive to the economic outlook with a new US administration and this continues to drive broad based Dollar demand.
FOREX: Trump 2.0 – A High-Stakes Economic Rollercoaster For Global Markets
The real question now is where Trump's policy playbook takes us from here.
Pound Sterling Nears Three-Month Low Against USD As Traders Brace For Inflation Data
The Pound Sterling trades with caution near a three-month low of around 1.2750 against the US Dollar as investors brace for US inflation data for October.
Sensex Today Trades Lower; Nifty Above 23,850
Indian share markets are trading on negative note with the Sensex trading 100 points lower and Nifty is trading 60 points lower.
BTC/USD Forex Signal: Natural Bearish Retracement From All-Time High
The price has quite a way to fall before it reaches any natural support levels, with the nearest one being a little below $82,000.
Elliott Wave Technical Analysis TASI Index
The Elliott Wave analysis for the TASI Index reflects a bullish trend, driven by an impulsive wave structure.
FX Daily: CPI May Keep Dollar Going
The dollar rally is at risk of some positioning-led correction, but we expect that US core CPI will come in at a relatively hot 0.3% MoM, which should keep markets rather hawkish on Fed pricing.
Inflation Remains Americans’ Biggest Concern: Will It Stay High In Trump’s Second Term?
Inflation has been a top concern for Americans, and it was a significant factor in the 2024 presidential election, helping Donald Trump regain the White House.
Banks Report Tighter Standards, Weaker Loan Demand But Some Improvement As Financial Conditions Continue To Ease
Banks forecast further strengthening in demand over the next six months, with an expected increase in borrower spending, as the most cited reason for their outlook.
Fed: Why They Will Cut Rates (But Probably Should NOT)
The Fed is widely expected to cut the federal funds rate (FFR) by 25 basis points today. If we were on the Federal Open Market Committee (FOMC), we would strongly dissent in favor of a pause.
Elliott Wave Technical Analysis: British Pound/U.S. Dollar Forex
The Elliott Wave analysis for the GBPUSD daily chart from Trading Lounge highlights a bearish trend in the currency pair, driven by an impulsive wave structure.
NZD/USD Remains On The Defensive Below 0.5950 As Traders Await US CPI Data
The NZD/USD pair trades flat near 0.5930 during the Asian trading hours on Wednesday.
Australian Dollar Recovers Losses As PM Albanese Shares About Trade Discussion With Trump
The Australian Dollar (AUD) attempts to halt its losing streak against the US Dollar (USD) on Wednesday following a radio interview with Australia's Prime Minister Anthony Albanese.
Current Report: Komatsu Limited
Komatsu (KMTUY) manufactures and sells construction, mining, utility, forestry, and industrial machinery. Komatsu’s share price rose 16% from $24.20 to $26.94 as of Tuesday’s market close.
Gold Price Sticks To Gains Above $2,600 Amid Some Repositioning Ahead Of US CPI
Gold price (XAU/USD) attracts some buyers during the Asian session on Wednesday and for now, seems to have snapped a three-day losing streak to its lowest level since September 20, around the $2,590-$2,589 region touched the previous day.
Cava Not Caving
I first wrote about Cava a couple of months ago, when it was already sky-high. Well, now it’s sky-high-er.
SPDR ETF Report For Tuesday, Nov 12
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Tuesday, November 12.