Sensex Today Trades Lower; Nifty Below 24,100; Asian Paints Cracks 8%
Asian markets traded lower on Monday after lower-than-expected China's October inflation data.
The Dow Jones Broke The 44 000 Mark
On Friday, the Dow Jones rose by 0.59% to reach 44,000 points for the first time (up +4.72% for the week).
Forex Today: Trump Trade Sends Bitcoin, US Stocks To Record Highs
The Republican victory in the US elections is sending cryptocurrencies and major US stock market indices higher to reach new all-time high prices.
Russell 2000 Index Elliott Wave Technical Analysis - Monday, November 11
The Russell 2000 Day Chart, based on Elliott Wave analysis, reflects a bullish outlook characterized by an active gray wave 3 in an impulsive mode.
Copper Slightly Up Post Last Week’s Losses; China Stimulus Underwhelms
Copper prices were under pressure for most of last week after Trump's victory boosted the dollar index. Chile's Codelco increased copper production more than 5% on a year-on-year basis in September.
Bitcoin – The Breakout Rally Has Begun
At the latest with Donald Trump’s election victory, it’s clear that the breakout rally for Bitcoin has begun. A new all-time high of USD 79,780 has already been recorded.
GBP/JPY Maintains Position Above 198.00 After LDP Ishiba Re-Elects As Japan Prime Minister
GBP/JPY appreciates due to uncertainties regarding the future BoJ interest rates outlook. LDP’s Shigeru Ishiba has been re-elected as Japan's Prime Minister, securing 221 of the 465 votes in the lower house of parliament.
AUD/USD Forecast: Noisy Trading
The Aussie dollar plummeted during the trading session on Friday, as we continue to see interest rates in America cause havoc in the markets.
EUR/USD Slumps As Fed Officials Line Up For Interest Rate Guidance
EUR/USD weakens as investors await a slew of Fed speakers for fresh interest rate guidance.
BTC/USD Forex Signal: Bitcoin Forecast After Surging To A Record High
The BTC/USD pair continued surging, reaching its all-time high, as investors cheered the recent Trump election and Federal Reserve interest rate cut.
FX Daily: The Name Lighthizer Sends Tremors Through FX
Rest of World currencies took a leg lower on Friday after reports suggested that Robert Lighthizer will likely head the next Trump administration’s trade policy.
Elliott Wave Technical Analysis: Binance Crypto Price News - Monday, Nov. 11
The price action remains in an uptrend, and we are looking for a re-entry into the trend.
When Policies Don't Mix
It is difficult to see how some of President-elect Trump's policies will work together.
The Trump Bump
For traders, the U.S. election has always looked like a binary event.
Is Airbnb Contributing To The Global Housing Shortage?
Some countries in Europe as well as some American cities have been introducing laws to curb short-term rentals.
Crypto-Crazed
For the first time ever, Bitcoin has pushed above the psychologically significant $80,000 level. You can expect a tidal wave of stories about this over the next twenty-four hours, because the media loves Big Round Numbers.
China's 10 Trillion In Stimulus Is Failing Massively, Here's Why
Is there era of massive government "stimulus" finally over? Bonds are certain it is.
Why The Long Face, Uncle Warren?
Perhaps markets are finally ripe for another major rotation.
Global Public Debt Is Destroying The Economy
Global debt is soaring and public debt is a huge burden on economic growth.
Speculator Extremes: Lean Hogs, AUD, 5-Year & 2-Year Bonds Lead Bullish & Bearish Positions
This weekly Extreme Positions report highlights the Most Bullish and Most Bearish Positions for the speculator category. Extreme positioning in these markets can foreshadow strong moves in the underlying market.