October 2024 - Page 67 of 140 -

Asia Morning Bites For Friday, Oct 11

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Global Macro and Markets Global Markets: Considering the disappointing CPI data yesterday, it is a slight surprise to see US Treasury yields heading lower again, though they had risen a fair bit in recent days, so perhaps yesterday’s moves reflected a bit of re-positioning. Various Fed officials shrugged off the CPI data, though Raphael Bostic […]

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Oct 10

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: UnsplashTonight, I update the current more preferred count that both the NQ and ES are within Minor 5th wave rallies to complete Intermediate 3rd waves. I am seeing slight differences between the NQ and ES, but that is within the minute 3rd waves in process for both. I also update a slight different view […]

Inflation Obsession Takes Center Stage, If Only For A Day

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsThe S&P 500 slipped slightly from its record high as stubborn inflation reignited hawkish chatter in some corners of Wall Street, putting pressure on stocks. The inflation obsession has dramatically returned, with Fed member Raphael Bostic laying the groundwork for a potential Fed November pause. While inflation did overshoot expectations month-to-month, driven by rising […]

France To Sell €300 Billion In Bonds For 2025 Budget Amid Fiscal Pressure And Investor Scrutiny

Oct 10, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The budget deficit is projected to fall by €31 billion next year. Rising borrowing costs have heightened market concerns. Volume of bond redemptions next year should mitigate the impact of the large issuance, analysts say. France has announced plans to sell €300 billion ($328 billion) in government bonds next year, surpassing the €285 […]

Moderated De-Rate

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: PexelsAs you all know, Powell made quite a scene with his 50 bps cut last month although, oddly, rates have been going UP lately, I suppose because of the fact that the U.S. will be healthy, prosperous, and able to pay back its debts with interest isn’t exactly something you can put in the […]

USD/CAD Extends Upside To Near 1.3750 Ahead Of US PPI, Canadian Job Report

Oct 10, 2024 Jeremy Parkinson Finance 0

Photo by Michelle Spollen on Unsplash USD/CAD trades in positive territory for eight consecutive days near 1.3745 in Friday’s early Asian session. The US CPI inflation was hotter than expected in September; Jobless Claims jump to a year-high The Canadian Unemployment Rate is estimated to rise from 6.6% in August to 6.7% in September. The USD/CAD pair extends […]

Key Charts And Insights For Q4

Oct 10, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay Mish and Dave talk about next big trends to watch.Video Length: 00:28:28More By This Author:Key Index And Sectors Are Inside Last Week’s Range Massive Market Consolidation Turnaround Tuesday – Rocking October Volatility

Global Real Estate Bubble Risk In 2024

Oct 10, 2024 Jeremy Parkinson Finance 0

In many major cities, real home prices have declined as high interest rates are dampening demand.Simultaneously, property markets are slowing due to tough financing conditions and rising construction costs. As a result, housing bubble risks have eased in cities like Hong Kong, London, and New York. However, strong demand in the luxury market and a […]

CPI And CPI Core Surprise On Upside

Oct 10, 2024 Jeremy Parkinson Finance 0

CPI m/m at 0.1% vs. 0.1% consensus (Core 0.3% vs. 0.2% consensus). Here are snapshots of instantaneous inflation rates for September headline, core, supercore, and services supercore CPI, headline and core PPI and HICP and headline and core PCE deflator for August. Figure 1: Instantaneous inflation for CPI (bold blue), PCE deflator (green), PCE deflator – […]

Why Basic Materials Are The Smart Move Right Now

Oct 10, 2024 Jeremy Parkinson Finance, No picture 0

↵Image Source: Unsplash Today’s CPI report came in a little higher than expected, which was enough to spook the bulls – and remind everyone that inflation is still a force for traders to reckon with. We’ll be reckoning with it again tomorrow morning when PPI is released ahead of the cash open.So long as inflation is […]