Category Archive: Finance, No picture
Low Affordability To Weigh On Eurozone Housing Market In 2024
Image Source: Unsplash One of the main reasons for last year’s decline in demand for housing loans was the declining affordability of residential real estate. This year, due to the prospect of recovering house prices and limited downside potential for mortgage rates, the expected rise in wages is unlikely to improve purchasing affordability of residential real estate. […]
FX Daily: Global Stabilization
Image Source: Unsplash Markets are navigating much calmer waters after last week’s action. The PBoC’s efforts to stabilise the yuan are offering support for FX risk sentiment and hurting the dollar’s momentum. The declining FX volatility may keep the yen pressured by funding demand for carry trades, making USD/JPY even more reliant on a move in […]
Tuesday Talk: Big-Tech Under Attack
On Thursday the Justice Dept. filed an antitrust suit against Apple. The suit joins two others already filed against Google. How much this will affect the market in the long run is up for grabs, but it did bring the market down a bit on Monday.PexelsYesterday the S&P 500 closed at 5,218, down 16 points, the […]
Elliott Wave Technical Analysis: ASX: Fortescue
Image Source: Unsplash Unlocking ASX Trading Success: Fortescue LTD – FMG Stock Analysis & Elliott Wave Technical ForecastASX: Fortescue LTD – FMG Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with Fortescue LTD – FMG. We have identified that wave (v) may return to FMG […]
An Update On The “Investment Seesaw”
Image Source: UnsplashWe consider gold bullion and the S&P500 Index (SPX) to be effectively at opposite ends of an investment seesaw, with the SPX doing better when confidence in money, central banking and government is rising and gold doing better when confidence in money, central banking and government is falling. As discussed in a few TSI […]
Central Banks’ Gold Rush Intensifies
Image Source: UnsplashGold is attracting growing interest in an international environment marked by multiple challenges and a climate of permanent uncertainty. Progressive de-globalization and contemporary societal aspirations also accentuate the importance of an independent asset, subject to no authority. Finally, while the new world is slow to emerge, it is mainly the central banks of the “Global […]
GBP/USD Price Analysis: Holds Position Below The Major Level Of 1.2650
Image Source: Unsplash GBP/USD could meet the immediate barrier at 23.6% Fibonacci and a major level of 1.2650. Technical analysis suggests a confirmation of a bearish momentum for the pair. The key support could be met around the psychological support level of 1.2600. GBP/USD attempts to continue gaining ground, advancing to near 1.2640 during the Asian […]
How Rising Productivity Is Helping Boost Margins, Growth, And Valuations
Image Source: PexelsProductivity has been improving, and that’s a good thing. Not only does it mean employers are getting more output per worker, it also helps keep inflation tame. Better productivity is also good news for the stock market as it acts as a tailwind for profit margins, which is good for earnings growth and it may justify higher valuation […]
The Fed’s Balance Sheet Reduction: Mission Accomplished?
Image Source: PexelsAt the last FOMC press conference, Fed Chair Jerome Powell noted QT, also known as balance sheet reduction, was coming to an end. Here’s where we stand.Federal Reserve Data, chart by Mish, MBS stands for Mortgage Backed SecuritiesJune 2022, the Fed began a balance sheet runoff schedule to let up to $95 billion securities […]
Gold Looking To Do Larger Degree Correction
Image Source: UnsplashShort Term Elliott Wave view in Gold (XAUUSD) suggests that Gold ended the cycle from 12.13.2023 low. Rally from 12.13.2023 low unfolded as an impulse. Up from there, wave ((i)) ended at 2088.48 and dips in wave ((ii)) ended at 1984.37. The metal then resumed higher in wave ((iii)) towards 2195.15 as the 1 […]
