November 2023 - Page 10 of 244 -

Bulls, Bears And Bets: Dissecting 2024 Forecasts From Financial Giants

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Photo by Maxim Hopman on UnsplashIn the midst of a buoyant November, where positive economic indicators hint at a celebratory close to a hawkish inflation cycle and robust Black Friday spending, a sobering contrast emerges in JPMorgan’s recently unveiled Investment Outlook 2024 report, titled ‘Too early for a victory lap’, released on November 29th. JPMorgan prophesies […]

Daily Market Outlook – Thursday, Nov. 30

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels Asia – stocks concluded the month with a mixed and uncertain performance, despite notable gains, as uncertainty lingered around the Israel-Hamas truce, which was eventually extended for one more day. Investors grappled with significant data releases, including disappointing official PMI figures from China. The Nikkei 225 fluctuated between gains and losses, influenced by […]

Sensex Today Trades Lower; Tata Steel & NTPC Top Losers

Nov 30, 2023 Jeremy Parkinson Finance 0

Asian shares opened mixed on Thursday as investors brace for economic data and policy events across continents.The Nikkei is trading 0.3% lower while the Hang Seng index is trading 0.2% lower. The Shanghai Composite is trading 0.2% higher.US stocks edged lower on Monday, with investors taking a post-Thanksgiving pause as the holiday shopping season kicked […]

FX Daily: Dollar Rebound Increasingly Hinges On Activity Data

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: Pexels The further decline in USD rates means that it will now be up to activity data to trigger a recovery in the dollar. We have a couple of days packed with important US releases into the weekend, as well as a key OPEC+ meeting. Inflation figures in the eurozone may not have a huge impact […]

S&P 500 Forecast 2024: Goldman, JPMorgan, Deutsche Bank, Wells Fargo

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The S&P 500 index has staged a strong recovery in the past few months. Analysts at Deutsche Bank and Bank of America are optimistic about the index. JPMorgan analysts are a bit concerned about the S&P 500 index. The S&P 500 index has done well in 2023, helped by the so-called Magnificent 7. It initially […]

Consumer Staples Sinewave Strength

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayIt looks like Consumer Staples (XLP) has reached peak strength on its sinewave. Will it start to weaken at this point? I’m thinking so.More By This Author:Bond Moves: TBT And TLT Seal Price Gaps, Anticipating Market Response Real Estate Faces Major Resistance, Posing Questions On The Continued Ascent Diverging Paths: Dow Hits Record High, While China’s Equity […]

GBP/USD Grapples To Extend Gains Near 1.2700, US PCE Price Index Eyed

Nov 30, 2023 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash GBP/USD has marked a three-month high at 1.2733 on Wednesday. BoE Governor Andrew Bailey is committed to taking necessary measures to bring inflation down to its 2.0% target. US Dollar Index is indecisive on the mixed remarks by Federal Reserve (Fed) members. GBP/USD struggles to continue its winning streak that began on November […]

Gold Futures: Extra Gains On The Cards

Nov 30, 2023 Jeremy Parkinson Finance 0

Considering advanced prints from CME Group for gold futures markets, open interest increased for the second session in a row on Wednesday, now by around 3.6K contracts. Volume, instead, shrank for the second consecutive session, this time by around 157.3K contracts. Gold remains focused on the 2023 peakGold prices extended their rally on Wednesday, pushing further […]

Macro: Money Supply

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayIt’s a mountainous monetary problem. “Inflation is always and everywhere a monetary phenomenon.” — Milton FriedmanThis is a real-time case study. Color me skeptical about a “soft landing.” At the very least, there’s likely to be some bumps.More By This Author:Macro: Home Prices — Improbable Divergence Macro: Consumer ConfidenceMacro: Dallas Fed Mfg Survey

4 Hour Chart Elliott Wave Technical Analysis: EURGBP – Thursday, November 30

Nov 30, 2023 Jeremy Parkinson Finance 0

Image Source: PixabayEURGBP Elliott Wave Analysis Trading Lounge 4 Hour Chart, 30 November 23Euro/British Pound(EURGBP) 4 Hour ChartEURGBP Elliott Wave Technical AnalysisFunction: Counter TrendMode: corrective Structure: wave C of black wave 2Position: Black wave 2Direction Next Higher Degrees: back wave 3Details: blue wave C of 2 is in play and looking near to end between fib […]