Sensex Today Rallies 875 Points; Nifty Above 24,250

TalkMarkets - Wed, 08/07/2024 - 09:56
After opening the day on a positive note, Indian share markets continued the momentum as the session progressed and ended on a firm footing.

EUR/USD Analysis: Short-Lived Gains

TalkMarkets - Wed, 08/07/2024 - 09:41
The EUR/USD currency pair has maintained stability around and above the 1.09 level, following its climb to a seven-month high of 1.1008 dollars.

Elliott Wave Technical Analysis: AbbVie Inc.

TalkMarkets - Wed, 08/07/2024 - 09:40
An in-depth look at ABBV's price movements using the Elliott Wave Theory, helping traders identify potential opportunities based on current trends and market structure.

Lumen Technologies Stock Is Soaring, A Crash Could Be Coming

TalkMarkets - Wed, 08/07/2024 - 09:38
The stock has soared in the past two straight days, reaching a high of $6.78, its highest point since November 2022. It has jumped by more than 742% from its lowest point this year, giving it a market cap of over $5 billion.

Stocks Rebounded: What’s Next?

TalkMarkets - Wed, 08/07/2024 - 09:28
Wednesday’s trading session is likely to open higher, but given yesterday’s late-day retreat, the market is likely to extend its consolidation after rebounding from Monday’s low.

Brent Oil Price Analysis: Anticipating A Correction

TalkMarkets - Wed, 08/07/2024 - 09:24
Brent crude oil's price increased to 76.88 USD per barrel on Wednesday, continuing to rise for the second consecutive session.

EDV: A Bumpy Road Ahead

Seeking Alpha - Wed, 08/07/2024 - 09:19

Should The Fed Placate The Markets?

TalkMarkets - Wed, 08/07/2024 - 09:13
Of course we do not have an NGDP futures market.  But we do have many markets that indirectly provide information as to market expectations of NGDP growth.  Start with the fact that NGDP growth is the sum of inflation and real GDP growth.

Oil Prices Rise A Tad, But Still Near 7-month Lows Amid Middle East Tensions, US Recession Fears

TalkMarkets - Wed, 08/07/2024 - 09:11
Oil prices saw a slight uptick on Wednesday, with Brent crude futures rising by 45 cents, or 0.6%, to $76.93 a barrel.

Bitcoin Forecast: Continues To Look For Its Floor

TalkMarkets - Wed, 08/07/2024 - 09:04
The first thing I notice is that we could not hang on to the gains, and therefore it makes a certain amount of sense that we would continue to see negativity.

Growth And Inequality: Return Of The Kuznets Curve

TalkMarkets - Wed, 08/07/2024 - 08:58
Kuznets curve can serve as a useful framework for thinking about economic development and inequality.

Hedging Extremes Highlight Fear

TalkMarkets - Wed, 08/07/2024 - 08:45
The sharp jump in hedging activity tells us investors are uneasy with the current climate. It is a temporary sign of market instability.

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