NZD/USD Slides To Two-Year Low, Closer To Mid-0.5700s Amid Divergent RBNZ-Fed Expectations
NZD/USD drifts lower for the fourth straight day and is pressured by a combination of factors.
Canada Sets Goal To Reduce Greenhouse Gas Emissions By 45% – 50% By 2035
The Government of Canada announced a new climate goal, setting a target to reduce greenhouse gas (GHG) emissions by 45% to 50% by 2035, on a 2005 basis.
Spanish Headline Inflation Spike Is No Cause For Concern
Spanish headline inflation jumped to 2.4% in November, largely due to base effects.
Is Canada A Canary In The Economic Coalmine?
On Wednesday, the Bank of Canada cut its key benchmark rate by 50bps.
Sensex Today Trades Lower; Nifty Below 24,500; SAIL & NMDC Down 3%
Asian markets traded lower on Friday tracking overnight losses on Wall Street after hotter than expected inflation data.
French Banks Dangerously Exposed To Public Debt
It is absolutely necessary to prevent any depreciation in the value of public bonds issued by France, to avoid losses for the banks and thus protect the deposits of the population, both in France and abroad.
Monetary Policy Divergence Front And Center - Friday, Dec. 13
The US Dollar remains in the driver’s seat into Friday, getting another boost from Thursday developments.
ECB Rate Cuts: Will This Be Enough To Revive Growth In The Eurozone?
The ECB cut rates to 3%, with inflation nearing the 2% target but 2025 growth forecasts down to 1.1%.
Elliott Wave Technical Analysis - FTSE 100 Index
The FTSE 100 daily chart reflects a bullish trend, analyzed using Elliott Wave principles. The impulsive mode signals robust upward momentum in the ongoing wave structure.
FX Daily: EUR/USD Bears Survive The ECB Test
EUR/USD bears have also survived the ECB test, where Christine Lagarde has not proved as dovish as some might have expected.
ETH/USD Forecast: Can ETH Break $4,000?
Ethereum's had a good day on Thursday rallying about 3%, but more importantly, threatening that crucial $4,000 level.
XAG/USD Falls To Near $31.00 After Breaking Below Ascending Channel
Silver price (XAG/USD) extends its losses for the second session, trading around $30.90 per troy ounce during the Asian hours on Friday.
Gold Price Surrenders Major Part Of Intraday Gains; Downside Potential Seems Limited
Gold price (XAU/USD) surrenders a major part of its intraday gains and retreats to the lower end of the daily range during the first half of the European session on Friday.
These 2 Mag 7 Members Just Broke All Time Highs
Recently, several Mag 7 members – Tesla and Alphabet – have hit fresh all-time highs, reflecting considerably bullish momentum.
Metal Markets Report For Thursday, Dec 12
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets.
Bonds Try To Weigh On A Market Trying To Look Past Stabilizing Inflation
CPI met expectations, but a hot PPI sparked market jitters. Stocks rose, bonds fell, and the Fed faced tough rate-cut decisions. Rising producer prices drove TLT's breakdown while gold reversed, raising questions about market momentum and Fed policy.
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Friday, Dec 13
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.
2 Top-Performing Stocks To Watch After Earnings: AI, UNFI
Outside of Adobe, there aren’t many headline names in this week’s earnings lineup but C3.ai and United Natural Foods are two stocks to keep an eye on after reporting favorable quarterly results.
Elliott Wave View Looking For Zigzag Correction In GBPJPY
Short Term Elliott Wave view in GBPJPY shows decline from 10.30.2024 high ended at 188.14 as wave 1.
WTI Consolidates Around $69.65-$69.70 Area, Below Monthly Peak Set On Thursday
West Texas Intermediate (WTI) US Crude Oil prices struggle to gain any meaningful traction during the Asian session on Friday and remain on the defensive below the monthly top, around the $70.30 area touched the previous day.