Elliott Wave Technical Analysis: Cocoa - Wednesday, Aug. 7

TalkMarkets - Wed, 08/07/2024 - 11:00
Cocoa is in the midst of a corrective phase following a significant bullish run.

National Bank Of Romania Review: Pushing Through The Policy Space

TalkMarkets - Wed, 08/07/2024 - 10:48
The National Bank of Romania has decided on a second consecutive 25bp rate cut to 6.50%, motivated by the recent reduction in inflation and its downwardly revised forecasts which opened up some policy space.

GBP/USD Analysis: Selling Pressures Continue

TalkMarkets - Wed, 08/07/2024 - 10:35
The GBP/USD currency pair has seen increased losses since the start of this week, extending its decline to the support level of 1.2662, its lowest in over a month.

Buy These Three Top Energy Sector Dividend Stocks Profiting From AI

TalkMarkets - Wed, 08/07/2024 - 10:27
The news media and investors are rapidly realizing that the growth of artificial intelligence will require massive increases in available electrical power.

Gold Price Flat Lines Below $2,400

TalkMarkets - Wed, 08/07/2024 - 10:14
Dovish Fed expectations and geopolitical risks assist the Gold price to attract dip-buyers. Stability in the equity markets might cap the metals. Bears wait for a sustained break below the 50-day SMA before placing fresh bets.

Gold And Silver: Gold Faces A New Challenge At $2400

TalkMarkets - Wed, 08/07/2024 - 10:09
During this morning’s Asian trading session, the price of gold received support at the $2390 level.

Charted: Growth In U.S. Real Wages, By Income Group (1979-2023)

TalkMarkets - Wed, 08/07/2024 - 10:01
Since 1979, the top income earners in America have seen their real wages grow at more than double the rate of every other income group. Given this rise, income inequality in the U.S. exceeds nearly every other rich nation, driven by several factors.

DAX Forecast: Continues To Look Miserable

TalkMarkets - Wed, 08/07/2024 - 10:00
It looks like we are going to continue to see a lot of negative pressure. We are sitting below the 200-Day EMA, and it looks very likely that we will continue to see a lot of negativity going forward.

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.

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