Elliott Wave View: GBPUSD is Approaching Support Zone
Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress […]
Rising Geopolitical Tensions Will Likely Limit Any Rebound Potential for the Single Currency
Markets This week’s consolidation pattern on bond markets simply continued yesterday. Lower weekly jobless claims […]
Oil, Gas Prices Up on Escalating Tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors […]
Euro Area PMIs Set Stage for ECB
In focus today Today, in the euro area we receive November PMIs, an important factor […]
UK retail sales drop sharply by -0.7% mom in Oct, but broader trends show resilience
UK retail sales volumes plunged by -0.7% mom in October, significantly underperforming expectations of a […]
Japan’s CPI eases to 2.3% in Oct, core-core rises to 2.3%
Japan’s inflation data for October revealed persistent and broadening price pressures. Core CPI (excluding food) […]
Japan’s PMI manufacturing falls to 49.0, services rises to 50.2
Japan’s PMI Manufacturing index edged down to 49.0 from 49.2 in November, signaling a deepened […]
Australia’s PMI composite falls to 49.4, second contraction in three months
Australia’s PMI Manufacturing improved sharply from 47.3 to 49.3 in November, marking a six-month high […]
Cliff Notes: Calm Conditions
Key insights from the week that was. In Australia, the RBA’s November Meeting Minutes provided […]
USD/JPY Consolidates: Is a Fresh Upside Move Ahead?
Key Highlights USD/JPY started a consolidation phase above the 154.00 zone. A major contracting triangle […]
Bitcoin’s (BTC/USD) Rocket Ride to Near $100,000, More to Come?
Bitcoin’s price surge is fueled by institutional demand, growing mainstream acceptance, and a derivatives market […]
Eurozone PMI signals stagflation as both manufacturing and services contract
Eurozone economic activity weakened sharply in November, with PMI Manufacturing falling to 45.2 from 46.0 […]