While analysts are currently very optimistic about the market, the combined risk of high valuations and the need to rebalance portfolios in the short term may pose an unanticipated threat. This is...
S&P Emini market analysis Emini daily chart The S&P 500 Emini formed a bear bar closing on its low yesterday. The Bears want a double top with the December 6th and 11th high. The bears will...
Unplanned power outages in Europe today are raising the alarm that the major energy crisis in the continent may be under way. Europe has mainly avoided some of the worst-case scenarios the last two...
US Dollar Index The US Dollar methodically gained ground over the week. The DXY rose for six consecutive sessions, gaining 1.3% on the back of macroeconomic data. Neutral inflation readings provided...
MON: Chinese Industrial Output, Retail Sales & House Prices (Nov), German WPI (Nov), EZ Wages (Q3),EZ, UK & US Flash PMIs (Dec), NY Fed Manufacturing (Dec) TUE: UK Unemployment Rate (Oct),...
Understanding the trajectory of corporate earnings is crucial for investors, as these earnings significantly influence stock valuations and market performance. Economic indicators such as Gross...
Fed seen cutting in December, pausing in January. BoJ leans towards keeping rates steady. Flash PMIs, UK and Canada CPIs, and core PCE also on tap. Fed Seen Taking the Sidelines in...
Mixed US PPI adds to uncertainty about Fed rate cuts. Lingering inflation concerns and rising yields push the dollar higher. Pound slips too as UK GDP contracts for second straight month. Fed...
On Wednesday, the Bank of Canada cut its key benchmark rate by 50bps. They have now cut by 150 bps in 2024, compared to what will likely be 100 bps for the Fed after next week’s meeting. Unlike the...