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Bill Dudley On Money And Inflation

Bill Dudley On Money And Inflation

FreepikThis paragraph in a FT article has me confused: We still have people talking about money supply growth as a big driver of economic activity, when money supply is mostly driven by QE and QT. When the Fed’s doing QE, money supply grows fast; when the Fed’s doing QT, money supply shrinks. And those things may be […]
Sensex Today Trades Marginally Higher; Alok Industries Surges 6%

Sensex Today Trades Marginally Higher; Alok Industries Surges 6%

Asian share markets were trading lower on Thursday as investors adjusted to what appears to be a decisive moment in the global interest rate and inflation cycle.The Nikkei is trading 0.8% lower while the Hang Seng index fell 1.4%. The Shanghai Composite is trading 0.5% lower.US stocks closed slightly higher on Wednesday, as fresh inflation […]
FX Daily: Government Shutdown Averted

FX Daily: Government Shutdown Averted

The dollar continues to claw back some of Tuesday’s losses after US October retail sales suggested that the consumer is still spending. Also helping has been the Senate’s support of a stop-gap funding bill that kicks the risk of a government shutdown into 2024. Expect more rangy price action in FX markets today, with the focus […]
Market Briefing For Thursday, Nov. 16th

Market Briefing For Thursday, Nov. 16th

A broad-market cycle- likely began in late October with our indicated ‘trough or nadir’ washout S&P bottom. It’s complicated by the broad market which did not get overbought like the mega-caps (and they still are), while stayed in an oversold overall status for months, if not more than a year.FreepikThat’s also ‘why’ a ridiculous contention of […]
EUR/GBP Price Analysis: The Upside Barrier Is Seen At The 0.8750-55 Zone

EUR/GBP Price Analysis: The Upside Barrier Is Seen At The 0.8750-55 Zone

Image Source: Pixabay EUR/GBP gains ground near 0.8745 on weaker UK inflation data. The cross holds above the 50- and 100-hour EMA; RSI indicator stands in bullish territory above 50. The 0.8750-0.8755 zone acts as an immediate resistance level; the initial support level is located at 0.8721. The EUR/GBP cross extends its upside during the early […]
USD Index Appears Bid Near 104.50 Ahead Of Data, Fedspeak

USD Index Appears Bid Near 104.50 Ahead Of Data, Fedspeak

Image Source: Pixabay The index hovers around the mid-104.00s. Speculation of Fed’s rate cuts next year remain firm. Weekly Claims, Philly Fed index take centre stage. The USD Index (DXY), which measures the greenback vs. a bundle of its main competitors, trades with humble losses around the 104.50 region on Thursday.USD Index focuses on dataThe index navigates […]
Silver Price Could Finally Break The $23.59 Resistance Level

Silver Price Could Finally Break The $23.59 Resistance Level

Image Source: Pixabay Silver is likely to break the $23.59 resistance level and reach the $24.8 level in the coming days The trading signal provided should last 1 week with a potential upside of 5.6% I would recommend watching this trade will the jobless data is published on the US dollar today XAG/USD trading strategy Buy/sell […]
SpaceX Prepares For Starlink IPO In 2024, Report Says

SpaceX Prepares For Starlink IPO In 2024, Report Says

Image Source: Kevin Smith on FlickrStarlink, the satellite internet technology made possible by Elon Musk’s SpaceX company, is preparing for an initial public offering as soon as the second half of 2024, according to Bloomberg, citing sources familiar with the situation. SpaceX has been shifting Starlink’s assets to a wholly-owned subsidiary that would make it ripe for a […]
Financial Markets Report For Wednesday, November 15

Financial Markets Report For Wednesday, November 15

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, November 15.Video Length: 00:14:31More By This Author:Metals Report For Wednesday, November 15SPDR ETF Report For Tuesday, November 14Financial Markets Report For Tuesday, November 14
Elliott Wave Technical Analysis: NEOUSD – Thursday, November 16

Elliott Wave Technical Analysis: NEOUSD – Thursday, November 16

Image Source: PixabayElliott Wave Analysis TradingLounge Daily Chart, 16 November 23,Neo/ U.S. dollar(NEOUSD)NEOUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Double CorrectivePosition: Wave (Y)Direction Next higher Degrees: Wave ((B)) of FlatWave Cancel invalid Level: 6.49Details: Wave (Y) may end and Five-wave rise will support ideaNeo/ U.S. dollar(NEOUSD)Trading Strategy: The rally in Wave (1) appears to have […]