Tighter Monetary Policy – Lower Bond Yields
Market movers today While markets found Powell’s comments to be on the dovish side yesterday, […]
Crude Oil Technical Outlook: Downward Pressure Intact
Crude oil’s slide may have slowed in recent months but hasn’t altered the broader downward […]
NASDAQ completed double bottom, investors responded well to Fed
NASDAQ closed strongly up by 2.00% overnight to close at 11816.31. Fed’s 25bps rate hike […]
Bitcoin Price Climbs Above $24K After Fed Raised Rates by 25bps
Key Highlights Bitcoin price started a fresh increase above the $23,000 resistance. A key bullish […]
S&P 500 (SPX) Bullish Elliott Wave Sequence Favors Upside
S&P 500 (SPX) showing short term bullish Elliott wave sequence against October-2022 low. It proposed […]
An End to the Tightening Cycle is on the FOMC’s Horizon
While rates are likely to remain at peak to end-2023 to guard against inflation risks, […]
FOMC Hikes Rates and Signals Yet More to Come
Summary As universally expected, the FOMC raised its target range for the federal funds rate […]
Euro Hits New High as US Dollar Collapses in Fed Aftermath. Where to for EUR/USD?
The Euro raced north after Fed commentary saw the US Dollar crash on the markets’ […]
S&P 500 and NASDAQ 100 INDEX Technical Outlook: Bullish View Intact After the Fed
US equity indices’ jump after the US Federal Reserve’s rate decision further confirms the bullish […]
Natural Gas Price Plunge Extends, Milder-Than-Expected US Weather in Focus
Natural gas prices fell the most on Wednesday in almost a month as milder-than-expected US […]
EUR/GBP upside breakout ahead of BoE and ECB, some previews
Two central banks will announce rate decisions today, BoE and then ECB. Currently, the base […]