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The Fed’s Rate Cutting Cycle May Already Be Over

The Fed’s Rate Cutting Cycle May Already Be Over

Image Source: UnsplashAs expected, the Fed cut rates by 25 basis points, but the market was caught off guard by the Fed’s positioning regarding future rate cuts. Looking back, it was somewhat obvious. Earlier today, I shared a video for Market Chronicles paid members, highlighting how analysts were expecting more rate cuts than what the Fed Funds Futures […]
Bank of Japan keeps interest rates unchanged for third straight meeting

Bank of Japan keeps interest rates unchanged for third straight meeting

Key Takeaways The Bank of Japan maintained interest rates at 0.25% for the third straight meeting. Unchanged rates reflect careful monitoring of domestic wage growth and US economic policies. Share this article The Bank of Japan kept interest rates unchanged at 0.25% during its Thursday meeting, marking the third consecutive hold following similar decisions in […]
Australian Dollar Pares Losses Following Consumer Inflation Expectations

Australian Dollar Pares Losses Following Consumer Inflation Expectations

Image Source: Unsplash The Australian Dollar recovers daily losses after the release of Consumer Inflation Expectations on Thursday. Australia’s Consumer Inflation Expectations increased to 4.2% in December from the previous 3.8% rise. US Dollar surged as the Fed delivered a hawkish cut of 25 basis points at its December meeting. The Australian Dollar (AUD) pares daily […]
Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited

Japanese Yen Hangs Near One-month Low Against USD; BoJ Decision Awaited

Image Source: Pixabay The Japanese Yen consolidates its recent losses against the USD to a one-month trough.  Traders opt to move to the sidelines and await the BoJ decision before placing fresh bets. The USD preserves the post-FOMC gains and acts as a tailwind for the USD/JPY pair. The Japanese Yen (JPY) will be in the […]
Metal Markets Report For Wednesday, Dec 18

Metal Markets Report For Wednesday, Dec 18

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:11:05More By This Author:Metal Markets Report For Tuesday, Dec 17Financial Markets Report For Tuesday, Dec 17Metal Markets Report For Monday, Dec 16
Stock Market Sells Off On New Fed Rate Policy

Stock Market Sells Off On New Fed Rate Policy

Image Source: PexelsToday’s Federal Open Market Committee (FOMC) decision to cut interest rates has had a negative effect on today’s stock market. Those record highs we had been seeing in the Nasdaq and elsewhere my perhaps something we won’t be speaking about much in the near future. Fed Cuts 25 bps to Lowest Rate in 2 Years, Markets […]
Playing By The Rules: The Importance Of Import Regulation On Managing Domestic Steel Supply

Playing By The Rules: The Importance Of Import Regulation On Managing Domestic Steel Supply

Image Source: DepositPhotos  In any blockbuster action movie, we may watch as good cops, bad cops, terrorists, spies and more chase one another through mazes of shipping containers in dark, secretive port scenes. This “bad guys assemble here” vision of global commerce is accentuated for audiences, but not all port problems are fictional plots in […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Dec 18

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Dec 18

Image Source: PexelsWe started the week with a “moon shot” and today we had a “moon drop.” Actually, I’ve read that some traders have labeled the type of pattern we’ve had building since Monday a “Matterhorn.” I’ve updated the charts accordingly and go into some depth as to what in my opinion created the “Matterhorn drop” […]
Fed Rate Cut Triggers Elliott Wave Primary Wave 4: S&P 500, NDX, DAX, FTSE & ASX Outlook

Fed Rate Cut Triggers Elliott Wave Primary Wave 4: S&P 500, NDX, DAX, FTSE & ASX Outlook

Image Source: Unsplash Elliott Wave Analysis: Fed Rate Cut Sparks Potential Primary Wave 4 DowntrendThe Federal Reserve lowered interest rates by a quarter point, triggering a sharp market drop. Elliott Wave analysis now hinges on whether this initial decline forms a three-wave correction or a five-wave impulsive move. If it’s impulsive, we’d expect a corrective rally […]
Fed Confirms A Slower And Shallower Rate Cut Story For 2025

Fed Confirms A Slower And Shallower Rate Cut Story For 2025

Image Source: PexelsWe got another 25bp policy rate cut from the Fed, but updated projections and Chair Powell’s press conference confirms that the Fed is going to be much more cautious next year with sticky inflation and President Trump’s policy mix meaning a higher hurdle is required to justify rate cuts in 2025. 25bp from the Fed, but […]