Today, suddenly, the markets are worried about deficits. The Energy Information Administration says that the world is in a slight oil supply deficit with global oil demand coming in at 103.37 million...
US CPI awaited as December Fed rate cut not a done deal Loonie at fresh lows ahead of expected BoC rate cut Aussie continues to bleed, yen see-saws on data, BoJ chatter Spotlight on US...
From 2010 through 2022, the US Energy Information Administration (EIA) calculates that global Oil demand grew by 10 million barrels per day (Mb/d). Over 60% of the demand growth was due to China’s...
Gold Grows on Geopolitical Conflicts and Possible US Rate Cut Gold (XAU/USD) gained 1.26%, finishing yesterday's trading session slightly below the crucial $2,700 level, supported by expectations of...
US CPI KEY TAKEAWAYS: US CPI expectations: 2.6% y/y headline inflation, 3.3% y/y “core” inflation The Fed is likely to cut interest rates by 25bps regardless of the inflation reading, though a...
Stocks finished lower for a second consecutive day, with breadth continuing to show more losers than advancers. This trend actually began sometime last week. The NYSE McClellan Oscillator has broken...
Key Statistics: Source: Bureau of Labor Statistics, US Department of Labor Release Period: November 2024 Last Release Date: November 13, 2024, Actual: 2.6% vs Forecast: 2.6%. Previous:...
National Federation of Independent Business (NFIB) small business optimism soared in November, hitting 101.7 (the street was expecting 94.7). The index has risen for a 3rd consecutive month, and 7...
S&P 500 Emini market analysis Emini daily chart The Emini formed a downside breakout bar on Monday, as the bulls began to take partial profits and the bears began to sell. This is a warning...
