Futures point to the post-election rally continuing when US equity markets open later this morning.

The correction within wave 2 is still unfolding, with a three-wave corrective structure likely forming.

Oil prices gave up gains and fell as rising inventories in the US and weak October China imports weighed.

Gold price plunged below $2,655 per ounce on Wednesday, retreating from a 30-October record high of $2,758 per ounce.

The US Dollar pares some gains on Thursday with markets focusing on the Fed rate decision.

USD/CHF might be developing a Bull Flag continuation pattern.

Despite big spending increases in last week’s UK budget, the Bank of England has signaled that it’s not a game changer for future interest rate cuts.

Duke Energy reported a mixed performance in the third quarter of 2024, with adjusted EPS slightly below expectations.

GBPUSD is rebounding towards the 50-period SMA after it has experienced a decline of over 1%.

Commodities are recovering this morning after yesterday’s heavy sell-off on the back of a surge in the US dollar following Trump's win.

The markets are calmer after yesterday's post-US election drama. A consolidative tone has emerged in the foreign exchange market, and the dollar is softer against all the G10 currencies.

After indices ailed at resistance for so long traders made the decisive move, buying stocks with glee on Trump's victory.

Chancellor Scholz has sacked his finance minister and ended the coalition. Snap elections loom at the end of March next year.

The stock had earlier dropped through 87 lows in January 2023, potential Intermediate Wave (4). Since then, the rally could be subdivided into Minor Waves 1 through 4, which terminated around 229 mark.

Though Nike is the best-known brand in its industry, its fundamental and technical performance has been lackluster over the past two years.

TerrAscend reported its financial results for the third quarter.

Gold prices tumbled over 3% to 2650 USD per troy ounce amid a surging US dollar, influenced by Donald Trump’s definitive win in the US presidential election.

EUR/GBP revives intraday losses as BoE policy meeting takes center stage. The BoE is expected to cut interest rates by 25 bps to 4.75%. The Euro is expected to remain under pressure due to multiple headwinds.

EUR/JPY meets with some supply on Thursday as JPY benefits from intervention fears. The BoJ rate hike uncertainty and the risk-on mood cap gains for the safe-haven JPY.

Asian equities markets saw mixed results Thursday as investors weighed the potential effects of a second Donald Trump presidency.