100k Bitcoin
The rally in Bitcoin is getting overbought and could likely be in for a consolidation or decline soon.
Gold Prices React To Fed Policy And Global Tensions: Key Insights For Traders
Macroeconomic and geopolitical factors heavily influence gold's performance. The Federal Reserve's potential pause in rate cuts has momentarily pressured gold prices.
OPEC+ Countries Postponed Production Cuts Until Spring
WTI crude oil prices extended their recent decline to around $68 a barrel on Friday as OPEC+’s decision to postpone restoring halted production failed to lift market sentiment amid expectations of oversupply next year.
Daily Market Outlook - Friday, Dec. 6
Risk in Asia declined on Friday amid renewed political tensions in South Korea, causing unease among investors ahead of the crucial U.S. nonfarm payrolls report.
Gold Prices Dip But Remain Supported By Fed Rate Cut Expectations
Gold prices dipped below 2,620.00 USD per troy ounce on Friday, marking a second consecutive session of decline.
XAUUSD Poised For 2nd Straight Weekly Decline?
Gold prices have been on a volatile but record-breaking ride in 2024, driven by a mix of global uncertainty and economic shifts.
Germany’s Industrial Slump Continued In October
There’s still no end in sight to the industrial slump in Germany as industrial production dropped once again in October.
USD/CAD Rises To Near 1.4040, Tracks US Dollar’s Action Ahead Of US NFP Data
USD/CAD moves higher to near 1.4040 as the US Dollar gains ahead of the US Nonfarm Payrolls data.
Elliott Wave Technical Analysis: U.S. Dollar/Swiss Franc - Friday, Dec. 6
The USDCHF 4-hour chart delivers an Elliott Wave analysis highlighting a counter-trend movement currently unfolding.
All Eyes On US Employment Report
The Barnier resignation and conciliatory remarks from Marine Le Pen suggest the worst could be over in France, though the market will be wanting to see what President Macron does over the weekend with respect to his new appointment.
The Kalecki Profit Equation And The Coming Reversion
The Kalecki Profit Equation provides a valuable framework, especially when exploring the reasons behind today’s elevated profit margins and what could disrupt them.
Sensex Today Trades Flat; Nifty Below 24,700
Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve's policy path later this month.
Friday’s Jobs Report: Likely Outcome And Why It May Not Stop Fed’s December Rate Cut
Economists are optimistic about a sharp recovery, with consensus estimates pointing to a net gain of 207,500.
FX Daily: Dollar Awaits Incoming US Payrolls Data
The week culminates in today’s November NFP jobs report. The data will determine whether one-way positioning long the dollar gets tested or adds to conviction on the $ rally.
GBP/CHF Forecast: Stuck In Range
The British pound remains range-bound against the Swiss franc, with traders eyeing 1.1350 resistance and 1.1150 support amid a cautious market environment.
Elliott Wave Technical Analysis: Bovespa Index - Friday, Dec. 6
The market's upward trajectory is clearly highlighted in the analysis, offering valuable insights into the continuation of the bullish phase.
Gold Reverses Early Losses To Trade Higher; Copper Climbs On Tight Supply Concerns
Gold prices rose in the Asian trade on Friday as investors waited for cues from the release of the US non-farm payrolls data later in the day.
EUR/USD Holds Below 1.0600, US NFP Data In The Spotlight
The EUR/USD pair weakens to near 1.0575 during the early European session on Friday.
Transition Management: The Only Constant Is Change
The U.S. has a familiar face due to enter the White House, and, as with any change, potentially higher levels of market volatility. Now more than ever investors are evaluating whether their portfolios are appropriately positioned for change.
GBP/USD Eases From Multi-Week High, Trades With Negative Bias Below Mid-1.2700s
The GBP/USD pair oscillates in a range below mid-1.2700s during the Asian session on Friday and consolidates its recent gains registered over the past three days, to over a three-week high touched the previous day.