Accelerating Czech Wages Are A Pro-Inflationary Risk
Robust wage growth will further drive Czech household spending, prompting policymakers to consider both increased consumption and more relaxed budgetary constraints.
An Interactive Exercise: What Would You Do To Balance The Budget?
The Committee for a Responsible Federal Budget has a nice interactive site that lets you adjust exemptions and set tax rates.
Busy Wednesday: French Confidence Vote, Fed's Powell Speaks, ADP Jobs Estimate, And Beige Book
The dollar is mixed on what will start the critical second half of the week.
More SPY Gains Called – Now What
S&P 500 fulfilled my swing bullish call yesterday, and never touched the 6,047 stop-loss protecting open gains.
BTC/USD Forecast: Bitcoin Steady Near $100K
Bitcoin consolidates near $100K, with pullbacks viewed as buying opportunities and a potential breakout targeting $110K in the near term.
AI Drives Salesforce’s 29% Surge In Q3 Operating Cash Flow
Salesforce exceeded Q3 FY25 expectations with $9.44 billion in revenue, driven by a 9% increase in subscription and support revenue and strong AI initiatives.
Australian Dollar Hits Four-Month Low Amid Weak GDP Data
The Australian dollar fell to a four-month low of 0.6450 against the US dollar on Wednesday, following disappointing GDP data that heightened expectations for potential interest rate cuts by the Reserve Bank of Australia (RBA).
Australian Dollar Declines Amid Weak GDP Data
The Australian dollar fell below $0.645 on Wednesday, hitting its lowest level in four months, as weak GDP data reinforced expectations of an imminent interest rate cut by the Reserve Bank of Australia.
2020 Analogue Predicts Bitcoin's Next Move Plus Ethereum Steals The Spotlight
Discover how Bitcoin's 2020 analogue predicts a potential breakout to $100K and beyond, while Ethereum's rally takes center stage in the crypto market.
Daily Market Outlook - Wednesday, Dec. 4
Asian markets declined following South Korea's political turmoil, triggered by a brief declaration of martial law that unsettled investors.
Elliott Wave Technical Analysis - Nifty 50
The analysis provides a clear perspective on the ongoing corrective phase, emphasizing critical levels and directional trends.
The Dollar And Oil Foresee A Santa Rally For Bonds
Bond yields are primarily driven by macroeconomic factors such as inflation and economic growth.
Two Trades To Watch: DAX, GBP/USD Forecast - Wednesday, Dec. 4
DAX rises to record highs despite weak PMI data. GBP/USD falls as UK services PMI falls to its lowest level in a year.
Forex Today: South Korea Coup Attempt Fails
An attempt by the President of South Korea to impose martial law failed yesterday after Parliament successfully ordered troops to stand down.
Aussie GDP, French Politics, And US Economic Data
Things have been mostly quiet in the FX market this week. It seems participants are perhaps waiting for additional cues that could come by way of today’s round of US economic data.
Sensex Today Trades Higher; Nifty Above 24,500
Indian share markets are trading on higher with the Sensex trading 269 points higher and Nifty is trading 83 points higher.
FX Daily: Geopolitics Just Another Reason To Hold Dollars
If US exceptionalism and the potential for a second Trump administration weren’t enough to hold dollars, geopolitics and events in South Korea yesterday only add to the argument.
BTC/USD Forex Signal: Bitcoin Path To $100k Is Intact
The BTC/USD exchange rate remained in a tight range as it struggled to move above the important resistance level at 100,000.
Oil Prices Rise As OPEC+ Extensions Boost Sentiment, But Gains May Be Capped
Oil prices extend gains on Wednesday as rising tensions in the Middle East raise supply concerns.
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar - Wednesday, Dec. 4
Based on the analysis, wave 2 appears to have concluded, marking the beginning of wave 3.