Awaiting the Fed Minutes
Equity markets appear to be treading water on Wednesday as we await the latest batch […]
USDJPY Trades Flat as Latest Rebound Falters
USDJPY has been in a prolonged uptrend for almost two years, crossing above its historical resistance levels to […]
NZDUSD Needs to Surpass 0.6200 for More Bullish Actions
NZDUSD is testing the 0.6200 psychological mark once again after it broke the long-term descending […]
France PMI composite dropped to 48.8, vital support from services ended
France PMI Manufacturing improved from 47.2 to 49.1 in November. But PMI Services dropped from […]
EUR/USD Extends Yesterday’s Advance, Count Down to the November PMIs
Markets Risk-on held the upper hand during an initially choppy trading session yesterday. Stocks finished […]
Elliott Wave View: Silver (XAGUSD) 5 Waves Down Suggests Further Downside
Short term Elliott Wave View in Silver (XAGUSD) suggests cycle from 7.14.2022 low completed as […]
No Recession, But Slow and Low Growth
The OECD said the global economy will avoid a recession this year, and next year, […]
EU Proposes Gas Price Cap
Market movers today The most important data releases today will be the November Flash PMIs […]
NASDAQ 100 Index Technical Outlook: Room to Rise Further
The retreat since last week in the Nasdaq 100 index doesn’t appear to be the […]
AUD/NZD extending decline after RBNZ
AUD/NZD is extending the decline from 1.1489 after RBNZ’s rate hike today. For the near […]
Australia PMI composite dropped to 47.7, deteriorating demand and worsening price pressures
Australia PMI Manufacturing dropped from 52.7 to 51.5 in November, a 29-month low. PMI Services […]
Germany PMI composite rose to 46.6, contraction maybe shallower than first feared
Germany PMI Manufacturing improved from 45.1 o 46.7 in November. PMI Services dropped from 46.5 […]