Archives by Month:

Archives by Year:

Sharp Slowdown In Poland’s Third-Quarter Consumption

Sharp Slowdown In Poland’s Third-Quarter Consumption

Image Source: Pixabay  The September flood in southern Poland probably impacted the third-quarter GDP composition as household consumption slowed sharply, while a change in inventories became the main source of growth. The scale of the rebound in retail sales is insufficient to give confidence in consumption. We see slower consumption growth in 2H24 as Poles remain frugal. […]
Daily Market Outlook – Thursday, Nov. 28

Daily Market Outlook – Thursday, Nov. 28

Image Source: Pexels  Asian stocks were lackluster on Thursday, and the dollar was under pressure after U.S. data indicated that the progress in curbing inflation had stagnated, despite the economy showing resilience. This has created uncertainty regarding the Federal Reserve’s potential actions in the coming year. With the U.S. Thanksgiving holiday expected to result in thin […]
How Big Is That Turkey On The Table?

How Big Is That Turkey On The Table?

Today is the big event! And if you’re not already starting to cook that turkey for your 2024 Thanksgiving feast, you soon will be!But before you get started, let’s address a question that may already be in the back of your mind from when you picked up the bird you’ll be cooking. Is this year’s […]
EUR/USD Forex Signal: Extremely Bullish Above 1.0600

EUR/USD Forex Signal: Extremely Bullish Above 1.0600

Bullish view Buy the EUR/USD pair and set a take-profit at 1.0740. Set a stop-loss at 1.0400. Timeline: 1-2 days.  Bearish view Sell the EUR/USD pair and set a take-profit at 1.0400. Add a stop-loss at 1.0740. The EUR/USD exchange rate bounced back in the overnight session after a series of mixed economic data from the United […]
Current Report – United Microelectronics

Current Report – United Microelectronics

Image Source: Pixabay  United Microelectronics Corp (UMC) is the world’s third-largest dedicated chip foundry, with 7% market share in 2023 after TSMC and SMIC.UMC’s headquarters are in Hsinchu, Taiwan, and it operates 12 fabs in Taiwan, Mainland China, Japan and Singapore, with additional sales offices in Europe, the US, and South Korea.UMC features a diverse customer […]
Pound Sterling Corrects Against USD Amid Thin Trading Volume On Thanksgiving Day

Pound Sterling Corrects Against USD Amid Thin Trading Volume On Thanksgiving Day

The Pound Sterling (GBP) declines to near 1.2650 against the US Dollar (USD) in Thursday’s London session after failing to visit the round-level resistance of 1.2700 the prior day. The GBP/USD pair is expected to trade sideways amid thin trading volume as United States (US) markets are closed on Thursday and will open for a […]
XRP Price Retains Strength: Is A New Upside Push Imminent?

XRP Price Retains Strength: Is A New Upside Push Imminent?

XRP price is consolidating near the $1.450 zone. The price is showing positive signs and might soon aim for a fresh move above the $1.50 level. XRP price is eyeing a fresh increase above the $1.465 resistance zone. The price is now trading above $1.450 and the 100-hourly Simple Moving Average. There was a break […]
BTC/USD Forecast: Continues To See Buyers On Dips

BTC/USD Forecast: Continues To See Buyers On Dips

Volatility and TargetsBut I also recognize that you could see a bit of volatility. That being said, I think we are probably more likely than not going to go sideways for a while before eventually breaking to the upside. Even if we were to break down below the $90,000 level, then the $80,000 level probably […]
Japanese Yen Climbs To Five-Week High Due To USD Weakness

Japanese Yen Climbs To Five-Week High Due To USD Weakness

Image Source: Pixabay  The USD/JPY pair has dropped to 151.56, marking a five-week high for the yen. Market speculations fuel the currency’s strength that the Bank of Japan (BoJ) might consider an interest rate hike as soon as December. This speculation was further supported by comments from BoJ Governor Kazuo Ueda, who acknowledged the need for […]
French Debt Is Actually High-Risk

French Debt Is Actually High-Risk

France, Italy, Japan and the USA all have high budget deficits of comparable magnitude, accompanied by significant public debt in excess of 100% of GDP. However, taking a step back and integrating other macroeconomic financial data, risk levels differ greatly, to France’s detriment. This is what a recent article by Patrick Artus, which takes into account all […]