GBP/JPY Declines As Stronger Growth Data From Japan Lifts The Yen

TalkMarkets - Fri, 11/15/2024 - 08:10
GBP/JPY trades lower on Friday after Japanese GDP data beats expectations and data for the same period from the UK.

My SPX Support – Now What

TalkMarkets - Fri, 11/15/2024 - 08:00
The S&P 500 held up till a bit hotter than expected PPI came, setting the daily tone in twists and turns.

Elliott Wave Technical Analysis - Berkshire Hathaway Inc.

TalkMarkets - Fri, 11/15/2024 - 07:50
BRK-B is in the process of completing wave 2 of wave (5).

Dollar Dominates As Powell’s Hawkish Stance Fuels Market Jitters

TalkMarkets - Fri, 11/15/2024 - 07:40
The dollar is poised for a substantial weekly gain following Powell's hawkish comments.

Binance Dominates As Bitcoin Futures Volume Hits New Peaks Amid Historic Price Rally

TalkMarkets - Fri, 11/15/2024 - 07:30
Bitcoin is facing a noticeable decline in price, dropping by 6.1% in the past day to a current trading price of $87,977.

Boeing Down 70%

TalkMarkets - Fri, 11/15/2024 - 07:20
Not only is the stock down 70% from its peak (in the midst of lifetime highs around the world) but the 15-year trendline from March 2009 is broken

US Dollar Retreats As Traders Opt To Take Profits Following Trump Trade Rally

TalkMarkets - Fri, 11/15/2024 - 07:10
The Greenback trades on the back foot, giving back Thursday’s gains.

Domino’s Pizza Stock Surges After Berkshire’s $549M Investment Announced

TalkMarkets - Fri, 11/15/2024 - 06:54
Berkshire Hathaway's recent investments in Domino's Pizza and Pool Corp have sparked market interest.

The Trump Factor Takes A Toll On Foreign Stocks

TalkMarkets - Fri, 11/15/2024 - 06:53
The election victory has fueled a strong rally in US equities, but Donald Trump’s comeback is seen as a new risk factor elsewhere as Washington prepares to pivot to the new edition of an “America First” policy.

FX And Rates Unwind Yesterday's Powell Effect, US Index Futures Slide

TalkMarkets - Fri, 11/15/2024 - 06:49
The dollar bounced, and US rates rose yesterday afternoon in response to comments by Fed Chair Powell. But he did little more that reiterate what he had said at the recent press conference.

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