Could Have Been Worse
Risk appetite is better this Monday morning than it was last Friday when the world […]
Bets on June Fed Rate Cut Abandoned, Dollar Asserts Dominance
The financial markets were jolted last week by data confirming the stall in disinflation progress […]
US DJIA Technical: Major US Banks’ Q1 Earnings in Focus Over Adverse Macro Factors
Three major US banks; JPMorgan Chase, Citigroup, and Wells Fargo will report their Q1 2024 […]
No Surprises from ECB
In focus today In the euro area, focus today is on final March inflation data […]
US 30 Index Slides Below 50-day SMA
US 30 index in bearish mode in very short-term MACD and stochastics indicate negative correction […]
Markets Trim Fed Rate Cut Expectations Amid High US CPI
In focus today Today’s focus will be the ECB meeting where we expect no change […]
DAX Looking to Do Double Correction
Cycle from 10.23.20223 low in DAX is in progress as an impulse Ellliott Wave structure. […]
DOW takes a dive and Dollar leaps, as traders start to dismiss June Fed cut
Bets on a Fed rate cut in June receded sharply following yesterday’s stronger than expected […]
SPX Perfect Buying Opportunity At The Blue Box Area
In this technical blog, we will look at the past performance of the 1-hour Elliott […]
ECB Bank Lending Survey Will Give Insights into Credit Conditions
In focus today Today, we look out for the ECB bank lending survey for Q1 […]
SPX 500: Fed Dovish Pivot Narrative is at Risk
Higher oil prices have led to higher inflationary expectations in the US via the breakeven […]
Iranian Drone Strike on Israel Escalates Middle East Tensions
In focus today The key focus today will be the escalation of the Middle Eastern […]