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Will The Fed Really Lower Rates In 2024?

Will The Fed Really Lower Rates In 2024?

Image source: WikipediaWhen it comes to interest rates, Wall Street is more confused than a reality TV star on Jeopardy!The market expects the Fed to cut interest rates six times this year, which is a head-scratcher considering the continued strong employment numbers, rising wages and record holiday retail sales we’ve seen recently. It is highly unlikely that […]
Metals Report For Tuesday, January 9

Metals Report For Tuesday, January 9

Image Source: UnsplashIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:10:40More By This Author:SPDR ETF Report For Tuesday, January 9Financial Markets Report For Tuesday, January 9Financial Markets Report For Monday, January 8
EUR/USD Price Analysis: Remains Stable Near 1.0930, Bearish Sentiment Looms

EUR/USD Price Analysis: Remains Stable Near 1.0930, Bearish Sentiment Looms

Image Source: Pixabay EUR/USD moves sideways post recent losses amid a stable US Dollar. The major level at 1.0950 appears to be an immediate resistance level. A break below the 1.0900 could lead the pair to navigate the 50-day EMA at 1.0888. EUR/USD consolidates after posting recent losses in the previous session, trading near 1.0930 during […]
META Looking To End Impulsive Rally Wave

META Looking To End Impulsive Rally Wave

Image Source: PixabayShort-term Elliott Wave View in Meta (META) shows an ending diagonal rally from 10.23.2023 low. Up from 10.23.2023 low, wave (1) ended at 342.92 and pullback in wave (2) ended at 313.66. The stock rallies again in wave (3) towards 361.90 and dips in wave (4) ended at 340.01. Internal subdivision of wave (4) unfolded as […]
Elliott Wave Technical Analysis: NEOUSD – Wednesday, January 10

Elliott Wave Technical Analysis: NEOUSD – Wednesday, January 10

Image Source: PexelsElliott Wave Analysis TradingLounge Daily Chart, 10 January 24,NEO / U.S. dollar (NEOUSD)NEOUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: FlatPosition: Wave CDirection Next higher Degrees: Wave (2) of ImpulseWave Cancel invalid Level: 6.49Details: Retracement of wave ((2)) usually .50 or .618 x Length wave ((1))NEO / U.S. dollar(NEOUSD)Trading Strategy: NEO’s rise appears to […]
FX Reserve Holdings – 50 Years Of Data

FX Reserve Holdings – 50 Years Of Data

Image Source: PexelsAnd 30 years of turnover data. Currently doing regressions on data on reserve bank holdings, in a project with Jeffrey Frankel and Hiro It. In terms of aggregates, we have 50 years of estimates (about 25 years of actual data, and yet fewer years on (selected) individual central bank data).First, what we know of […]
The New Bond

The New Bond

Image Source: UnsplashMany eons ago, the notion of a “safe haven” was a government bond. This idea is obviously long since buried, as bonds had a wipeout on the scale one might expect from speculative biotech startups. In its place appears to have been the company founded by one of Jeffrey Epstein’s best-known clients, which is […]
Is China’s Market Sending A Warning Signal For Earnings Season?

Is China’s Market Sending A Warning Signal For Earnings Season?

Image Source: UnsplashStocks gapped lower, while the equal-weight and small-cap indexes didn’t recover much. The S&P 500 finished the day lower by around 15 bps. The index was able to fill the morning’s opening gap by midday, and once that gap was filled, the rally stalled out. That was about as exciting as it seemed on […]
SPDR ETF Report For Tuesday, January 9

SPDR ETF Report For Tuesday, January 9

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Tuesday, January 9.Video Length: 00:17:15More By This Author:Financial Markets Report For Tuesday, January 9Financial Markets Report For Monday, January 8Metals Report For Monday, January 8
The Commodities Feed: US Oil Output Forecasts Edge Higher

The Commodities Feed: US Oil Output Forecasts Edge Higher

Image Source: PixabayEnergy – Stronger US oil supply growthThe oil market managed to move higher yesterday following the aggressive sell-off on Monday. ICE Brent rallied by a little more than 1.9%, while the prompt Brent time spread also managed to see its backwardation widen. However, for now, the flat price remains firmly below US$80/bbl, and with […]