Spanish Headline Inflation Spike Is No Cause For Concern
Image Source: Pexels Spanish headline inflation jumped to 2.4% in November, largely due to base effects. Core inflation, excluding food and energy, edged down to 2.4% from 2.5%, supporting the notion that underlying inflationary pressures in the economy are continuing to ease. Consequently, we expect inflation to trend downwards in the coming months. Base effects drive […]
Is Canada A Canary In The Economic Coalmine?
On Wednesday, the Bank of Canada cut its key benchmark rate by 50bps. They have now cut by 150 bps in 2024, compared to what will likely be 100 bps for the Fed after next week’s meeting. Unlike the Fed, Canada’s central bank is fighting off a recession. Canadian real GDP for the last four […]
Sensex Today Trades Lower; Nifty Below 24,500; SAIL & NMDC Down 3%
Asian markets traded lower on Friday tracking overnight losses on Wall Street after hotter than expected inflation data.Japan’s Nikkei 225 dropped 0.7%, while the Topix declined 0.8%.US stock market ended lower on Thursday as investors evaluated key economic data ahead of the Federal Reserve’s meeting next week.Here’s a table showing how US stocks performed on […]
French Banks Dangerously Exposed To Public Debt
A very interesting review by Éric Dor, Chief Economist at IESEG, summarizing the exposure of French and European banks to French debt. French banks are naturally in first place, with very high levels of exposure. In the event of a debt crisis, i.e., if the French government were unable to finance itself, the value of these […]
ECB Rate Cuts: Will This Be Enough To Revive Growth In The Eurozone?
Image source: Pixabay The ECB cut rates to 3%, with inflation nearing the 2% target but 2025 growth forecasts down to 1.1%. Christine Lagarde criticized France and Germany for political instability undermining recovery efforts. U.S. tariffs and weaknesses in major economies add pressure, though nations like Spain provide some hope. The European Central Bank (ECB) […]
Microsoft Corporation (MSFT) Dividend Stock Analysis
Image Source: Unsplash Linked here is a detailed quantitative analysis of Microsoft Corporation (MSFT). Below are some highlights from the above linked analysis:Company Description: Microsoft, the world’s largest software company, develops PC software, including the Windows operating system and the Office application suite.Fair Value: In calculating fair value, I consider the NPV MMA Differential Fair Value along with these four […]
Elliott Wave Technical Analysis – FTSE 100 Index
FTSE 100 Elliott Wave Analysis Trading Lounge Day ChartIndex: FTSE 100 (UK)Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Gray Wave 1 Position: Orange Wave 5 Direction for Next Lower Degrees: Gray Wave 2 Details Current Status: Orange wave 4 appears completed. Gray wave 1 of orange wave 5 is actively in progress. Invalidation Level: 7,990.76 (A […]
Monetary Policy Divergence Front And Center – Friday, Dec. 13
Image Source: Pixabay The US Dollar remains in the driver’s seat into Friday, getting another boost from Thursday developments. On Thursday, it was the combination of rate cuts at the ECB and SNB in contrast to a hotter US producer prices print that sealed the deal.Video Length: 00:01:16More By This Author:ECB Decision Preview – Thursday, Dec. […]
FX Daily: EUR/USD Bears Survive The ECB Test
Image Source: PixabayThe dollar is largely holding onto gains as this week’s US inflation data has come in on the firm side and kept USD rates supported. EUR/USD bears have also survived the ECB test, where Christine Lagarde has not proved as dovish as some might have expected. The calendar is quiet today and again we see […]
ETH/USD Forecast: Can ETH Break $4,000?
Image Source: Pixabay Ethereum’s had a good day on Thursday rallying about 3%, but more importantly, threatening that crucial $4,000 level. $4,000 is a large round psychologically significant figure. In this case, more importantly, near the all-time highs back earlier this year. Video Length: 00:02:18So, the question is, now can we break out? I think the […]
