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,...
Hedge fund expert predicts early rate cut from the Federal Reserve
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,...
Hedge Fund chief Bill Ackman says Federal Reserve will cut rates sooner 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,...
Chinese local governments provide capital boost to struggling banks amid property crisis
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,...
Goldman Sachs to boost investments in Japanese businesses and real estate
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,...
Bank of America strategist predicts S&P 500 to 5000 in 2024, but concerns in the shadows
Bank of America’s head of U.S. equity and quantitative strategy Savita Subramanian spoke on Tuesday with CNBC. Analysts at the firm have a 5000 target for the S&P 500 by the end of 2024, saying the market has handled Fed rate hikes well. “There’s a high...
Fed’s Goolsbee says he has some concerns about keeping rates too high for too long
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: US dollar slumps after Waller puts rate cuts on the table
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,...
Oil – private survey of inventory shows headline draw slightly smaller than was expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US. Via Twitter:--Expectations I had seen centred on:Headline crude -0.9mn barrelsDistillates +0.4 mn bblsGasoline +0.2 mn--This data point is from a...
US stocks rise as Nasdaq leads the way
The major US stock indices are closing the day higher with the Nasdaq index leading the way. The gains today negated the losses yesterday. Recall, that the major indices are up 4 consecutive weeks. Those strings are on the line for the major indices.For the day:DJI...
Asian Economic Calendar: Key Events and Consensus Expectations for 29 November
The Reserve Bank of New Zealand is not expected to move its cash rate at its policy meeting today. Earlier: From Australia is the monthly inflation reading. The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the...
Trade ideas thread – Wednesday, 29 November, 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,...
Charlie Munger dead at 99
One of the all-time great investors has died.Berkshire Hathaway reports that Charlie Munger died today at 99, just over a month shy of his 100th birthday.Munger is best known for his role as the vice chairman of Berkshire Hathaway and his close partnership with Warren...
NZDUSD Decision: Key barometer for buyers at a dual technical level at 0.6092.
The Reserve Bank of New Zealand is set to announce its interest rate decision at 8 PM ET, with expectations leaning towards maintaining the current rate of 5.5% for the fourth consecutive meeting. Key levels to watch in the NZDUSD pair in relation to this decision...
Oil jumps $1.50 as OPEC worries pushed aside
Oil spilled lower today for a brief period before rebounding strongly. WTI is currently up $1.49 to $76.35 after falling as low as $74.86.In focus is this week's planned OPEC+ meeting. Crude stumbled on a report that it could be delayed again but the market began to...
Oil prices move higher as Israel fires rockets and Kazakhstan cuts output
The US crude futures settle the day at $76.41. That's up $1.55 or 2.07%.Although higher, the price still remains below its 200-day moving average at $78.12.Influences today:Early strength in oil prices was linked to reports of Israel firing rockets during the...
USDJPY breaks key support level, eyes on 100-day MA
The USDJPY saw a notable decline during the U.S. trading session, with its downward movement intensifying after breaking below the critical 148.00 level. This break led to a sharp drop, bringing the pair to 147.33, a significant swing low that previously marked the...
US Dollar in Tailspin, Price Action Setups on EUR/USD, GBP/USD and AUD/USD
US DOLLAR FORECAST – EUR/USD, GBP/USD, AUD/USDThe U.S. dollar extends losses, sinking to its weakest point since early AugustMeanwhile, EUR/USD, GBP/USD and AUD/USD break out to the topside, clearing key price levels in the processThis article focuses on the technical...
Fed’s Williams: Encouraging to see decline in inflation pressure
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,...
Month-end rebalancing could keep a lid on equities
Everything is priced in.Today's comments from Waller were the most-dovish of the cycle and that was immediately reflected in Fed funds futures pricing in 100 bps in cuts next year from 87 bps. Initially, stock markets also rallied but they've since given it all...