Oil prices rose on Wednesday as hopes of a revival in demand from China boosted sentiments.

GBP/JPY recovers its daily losses and extends its gains for the third successive day, trading around 194.20.

The dollar has come back bid this week. Any upside surprise to today’s US November core CPI number would trigger another leg higher in the dollar.

In the wake of extreme confidence, we fear many MicroStrategy investors fail to grasp the inherent risks with its unique convertible bond funding and leverage scheme.

EUR/USD tests region below 1.0500 as the Euro weakens, weighed by expectations of further ECB interest-rate cuts.

The BTC/USD pair remained under pressure as the recent surge in the cryptocurrency market waned.

Asian shares inched higher as traders await key US inflation data for clues on whether the Federal Reserve will cut or hold interest rates next week. The dollar snapped a three-day gain.

The ongoing political struggles in Germany and France, along with expectations for an ECB rate cut and more dovish leaning communication at tomorrow’s meeting have kept the Euro well capped into rallies.

Markets will be closely watching the release of US CPI data today.

Wave (1) appears to have ended and the price is now entering a correction phase in wave (2).

West Texas Intermediate (WTI) Oil price extends its gains for the third successive session, trading around $68.80 per barrel during Asian hours on Wednesday.

The Pound Sterling (GBP) trades in a tight range near 1.2750 against the US Dollar (USD) in Wednesday’s European session.

US core CPI is expected to come in at 0.3% month-on-month, which on an annualised basis is not great. So despite cooling growth, this does push back against the bullish case for USTs.

Gold prices hit a near one-month high on Wednesday, fuelled by increasing safe-haven demand amid heightened geopolitical tensions. 

Cash-strapped US consumers should be deeply concerned about rising food inflation. It's 'stickier' than ever as coffee and cocoa prices surge.

Rate cut odds have been rising despite relatively strong CPI data. The Fed meets December 18.

Short Term Elliott Wave in Dow Futures (YM) suggests rally from 11.5.2024 low is in progress as a 5 waves diagonal.

Gold price (XAU/USD) struggles to capitalize on its intraday gains to levels beyond the $2,700 mark and retreats sharply from over a two-week high touched during the Asian session on Wednesday.

In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day that ended, Tuesday, December 10.

Alphabet has found itself in the headlines following the announcement of Willow, its new quantum computing chip that boasts state-of-the-art performance across key metrics and enables major achievements in the field.