TradeCompass: Nasdaq Price Prediction and Futures Analysis for Today (January 29, 2025)At the time of this Nasdaq futures analysis, NQ is trading at 21,559. Below is the detailed breakdown of today's bullish and bearish scenarios for Nasdaq futures, aligned with the...
Australian Q4 2024 inflation headline 2.4% y/y (expected 2.5%)
Inflation data from Australia for the October- December quarter and for December month, 2024.Headline inflation numbers come in lower than expected. +2.4% y/yexpected 2.5%, prior 2.8%+0.2% q/qexpected 0.3%, prior 0.2%Trimmed mean (a measure of core, or underlying...
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Australian inflation data due soon – RBA rate cut speculation for February meeting
Australian CPI data is due today, for December month 2024 and, more importantly, for Q4 2024. Overall, while headline inflation appears to be within the RBA's target range, underlying measures remain slightly elevated.Some analyst comments:Westpac anticipates a...
Reminder – China, Hong Kong and Singapore are all on holiday today
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BoJ December 2024 meeting minutes express caution – January brought change though
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Google reclassifies U.S. as ‘sensitive country’ alongside China, Russia
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Federal Reserve preview: Deutsche Bank says Fed to signal a March rate cut is unlikely
While the Federal Reserve’s policy meeting would typically be the main event of the week, Deutsche Bank economists anticipate a relatively uneventful outcome, with no rate change and limited forward guidance.According to their preview, Fed Chair Jerome Powell may...
One for the Tesla (TSLA) traders: Honda look at launching sub-$30,000 EV in North America
Honda plans to introduce a small electric vehicle priced under $30,000 by 2026, according to Nikkei. The affordable EV will be part of Honda's upcoming "Honda 0 Series" and is expected to be produced locally. However, while Honda aims to offer a budget-friendly EV, a...
Commerzbank raised its gold price forecast for the end of Q1 2025 to $2,700 (prior 2600)
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
U.S. Navy bans use of DeepSeek AI – citing ‘security and ethical concerns’
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
RBNZ’s Conway says policy committee confident inflation will abate
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trump will pay federal workers through to September 30 if they resign by February 6
Axios with the report:The White House will send out a memo Tuesday afternoon offering to pay federal workers who don't want to return to the office through Sept. 30, as long as they resign by Feb. 6, a White House official tells Axios.The government is urging federal...
Oil – private survey of inventory shows a headline crude oil build less than expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
The noob heading to the BOJ monetary policy board is a big supporter of higher rates
The Bank of Japan is already on a rate normalisation path:There is a vacancy to be filled on the policy board. Prime Minister Ishiba has nominated Junko Koeda, a Waseda University professor, according to a document released to reporters in parliament in Tokyo on...
Solid rebound for the broader indices today
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Forexlive Americas FX news wrap: Tech bounces back ahead of the FOMC
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Economic calendar in Asia Wednesday, January 29, 2025 – Australian inflation data, Q4 2024
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trade ideas thread – Wednesday, 29 January, insightful charts, technical analysis, ideas
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
China is coming for robots next
Today, Unitree debuted the H1 "Fuxi" robot at the Spring Festival Gala as this was broadcast on CCTV.It's tough to tell how amazing these really are but I met the previous generation with the hand-shaking robot and the dog in Dubai this month and they were...