Elliott Wave View on Light Crude Oil (CL) Favoring More Downside
Short Term Elliott Wave in Oil (CL) suggests the decline from 8.13.2024 high is unfolding […]
Crude Oil Prices Plunge: Can $68 Hold Withstand Pressure?
Key Highlights Crude oil prices gained bearish momentum and declined below $72.00. A major bearish […]
BoJ’s Takata: Additional rate increases on the table if economy aligns with forecasts
BoJ board member Hajime Takata indicated in a speech today that the central bank may […]
Real wages rise for second month in Japan, boosted by summer bonuses
Japan’s real wages rose by 0.4% yoy in July, down from June’s 1.1% yoy, but […]
Fed’s Daly to assess upcoming data before finalizing rate cut size
In an interview with Reuters, San Francisco Fed President Mary Daly acknowledged that a rate […]
Fed’s Beige Book signals slowdown with widespread stagnation across districts
Fed’s latest Beige Book report highlights a growing economic slowdown across the US. While economic […]
Stocks Could Suffer After the September Fed Rate Cut
US labour market data to determine the size of the first Fed rate cut History […]
Will the NFP Take a September Double Fed Cut Off the Table?
Fed fund futures suggest a 40% chance of a 50bps September cut Powell’s Jackson Hole […]
WTI Oil Futures Test Critical Support
WTI oil futures seek buyers around strong support trendline near 69.00 Short-term bias remains bearish; […]
USDX and AUDUSD at Critical Levels: Key Supply and Demand Zones to Watch
Fundamental Analysis The USD has been strengthening this week, driven by mixed U.S. economic data […]
A Jump in Eurozone PPI Won’t Stop ECB Easing
Perhaps disinflationary trends in the eurozone are giving way to pro-inflationary ones. The eurozone’s producer […]
RBA’s Bullock reiterates no rate cuts soon, stresses vigilance on inflation risks
In a speech today, RBA Governor Michele Bullock reaffirmed that the central bank is unlikely […]