Author Archive: Jeremy Parkinson
FX Daily: Dollar Sprints To The Finish Line
Image Source: PexelsThe Fed delivered a hawkish cut yesterday, signalling only 50bp of easing in 2025 and shifting to a more patient tone on easing. That has led to another dollar rally, which we see extending into the new year. A hesitant BoJ has added fuel to the USD/JPY bull run. Today, the macro year will be […]
Here’s Why The Russell 2000 ETF Slumped After Fed Decision
Image Source: PixabayThe iShares Russell 2000 ETF (IWM) crashed hard after the Federal Reserve delivered a highly hawkish interest rate decision. It slumped by over 3%, reaching a low of $218, its lowest level since November 5. It has dropped by almost 10% from the highest level this year, meaning that it is nearing a short-term […]
Earnings Growth Expected To Broaden Beyond Tech
Image Source: Unsplash For 2024 Q4, total S&P 500 earnings are currently expected to be up +7.4% from the same period last year on +4.8% higher revenues. Q4 earnings growth improves to +9.5% once the Energy sector’s drag is removed from the aggregate numbers, but the growth pace drops to +4.0% once the Tech sector’s substantial […]
Silver Price Forecast: XAG/USD Falls To Three-Month Lows Near $29.50
Image Source: Pixabay Silver price reached a three-month low at $29.26 on Thursday. Non-yielding Silver depreciates as the Fed’s “dot plot,” anticipates only two rate cuts in 2025. The BoJ kept the short-term rate target within the range of 0.15%-0.25%. Silver price (XAG/USD) extends its losing streak for the sixth consecutive session, trading around $29.50 per […]
Financial Markets Report For Wednesday, Dec 18
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 18.Video Length: 00:16:08More By This Author:Metal Markets Report For Wednesday, Dec 18Metal Markets Report For Tuesday, Dec 17Financial Markets Report For Tuesday, Dec 17
Elliott Wave Technical Analysis: Bitcoin Crypto Price News For Thursday, Dec 19
Image Source: PexelsElliott Wave Analysis TradingLounge Daily ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (3)Direction Next higher Degrees: wave VWave Cancel invalid level: Details: The five-wave rise of wave V is likely equivalent to wave (I). Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: Wave (3) appears to have ended and the price is now entering a […]
Bitcoin sinks below $100,000, altcoins tumble following Fed’s hawkish signals
Key Takeaways Bitcoin price fell under $100,000 due to a hawkish Federal Reserve stance. Meme tokens experienced sharp declines amid market sell-off. Share this article Bitcoin fell close to 6%, trading under $100,000 amid a market-wide sell-off after the Fed adopted a hawkish tone at Wednesday’s FOMC meeting, according to data from CoinGecko.The Fed cut […]
Current Report: Mitsubishi Shokuhin
Image Source: PixabayMitsubishi Shokuhin Co Ltd (MSHXF) is a Japan-based company engaged in the food and beverage business. The company offers processed foods, frozen and chilled foods, alcoholic beverages and confectioneries at wholesale prices.Its product portfolio includes seasoning products, noodles, dry goods, alcoholic and non-alcoholic beverages, frozen foods, and confectionery. It also operates in the real […]
Sticky UK Services Inflation To Come Lower In 2025
Image Source: PexelsServices inflation is stuck at 5% and will stay around there for the next few months. But further progress, helped by more benign annual rises in index-linked prices in April, should see ‘core services’ inflation fall materially in the spring. We think that will be the catalyst for the Bank of England to cut […]
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 […]
