The US Federal Reserve Cut Rates By 0.25% But Signaled A More Hawkish Approach Next Year
Dec 19, 2024Jeremy Parkinson0
Image Source: Pixabay At Wednesday’s close, the Dow Jones Index (US30) was down 2.58%. The S&P 500 Index (US500) fell by 2.95%. The Nasdaq Technology Index (US100) lost 3.60%. The US stocks fell on Wednesday as the Federal Reserve cut interest rates by 25 bps but signaled fewer cuts than previous estimates for next year, triggering […]
Stocks & US Dollar Forecast After The Fed Interest Rate Cut
Dec 19, 2024Jeremy Parkinson0
Image Source: Pexels Stocks SelloffStocks were hit-hard Wednesday after the Federal Reserve, despite cutting interest rates by 25 basis points, indicated it would lower fewer times next year than previously forecasted. This across the board selloff could create a short-term rally but yesterdays strong selling pressure provides more potential for an extended bearish selloff. Stock IndicesThe […]
Gold Trading Strategy Today – Thursday, Dec. 19
Dec 19, 2024Jeremy Parkinson0
Image Source: Pixabay Today you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD. What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:02:41More By This Author:Gold Trading Strategy Today – Wednesday, […]
Elliott Wave Technical Analysis: U.S. Dollar/Swiss Franc – Thursday, Dec. 19
Dec 19, 2024Jeremy Parkinson0
U.S. Dollar / Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange wave 1 Position: Navy blue wave 3 Direction Next Lower Degrees: Orange wave 2 Details: Orange wave C of 2 appears complete. Now, orange wave 1 of navy blue wave 3 is underway. Wave Cancel Invalidation Level: 0.87344 […]
The Outlook For S&P 500 Dividends Near The End Of 2024
Dec 19, 2024Jeremy Parkinson0
It has been over a month since our first look at the expected future quarterly dividends of the S&P 500 (Index: SPX) in 2025. A lot of things have happened since then, most notably the Federal Reserve acted to cut the Federal Funds Rate by a quarter point on 18 December 2024, as was widely expected.But the Fed also clearly […]
Forex Today: Fed Bursts A Bubble
Dec 19, 2024Jeremy Parkinson0
Image Source: Pixabay Risk appetite takes a strong hit as the US Federal Reserve signals a reluctance to cut rates deeply over 2025. Yesterday’s policy meeting of the US Federal Reserve saw a third consecutive rate cut of 0.25%, which was so universally expected as to be a given. The focus instead was on the Fed’s […]
EUR/USD Forex Signal: Bearish Amid Fed And BoE Divergence
Dec 19, 2024Jeremy Parkinson0
Bearish View Sell the EUR/USD pair and set a take-profit at 1.0335. Add a stop-loss at 1.0550. Timeline: 1-2 days. Bullish View Set a buy-stop at 1.0440 and a take-profit at 1.0550. Add a stop-loss at 1.0335. The EUR/USD pair made a strong bearish breakout after the Federal Reserve delivered a relatively hawkish interest rate […]
Sensex Today Tanks 900 Points; Nifty Below 24,000
Dec 19, 2024Jeremy Parkinson0
Asian markets traded lower on Thursday following sharp decline on Wall Street overnight. Japan’s Nikkei 225 fell 1.4% and Topix dropped 1.27%, while Japanese bond yields jumped ahead of the Bank of Japan’s monetary policy.US stock market ended sharply lower on Wednesday after the Fed cut rates but disappointed with projections that signalled a more […]
Market Melt-Down: What Changed?
Dec 19, 2024Jeremy Parkinson0
Image Source: Pexels — Trying to figure out, based on previous Fed statements, why the current OMC meeting statement is so shocking and bad news.— New negatives, based on media commentary, seem to be the same negatives that have been with us ever since Fed began to lower rates— A new hitch in the ridiculous government shutdown […]
Fed Dot Plot Adjustment Shakes Up Financial Markets
Dec 19, 2024Jeremy Parkinson0
Image source: Pixabay The Fed decision has come and gone and the markets have reacted. In our special report preview of the policy decision, we warned the Fed outlook could lean more hawkish in light of a stronger run of economic data coupled with ongoing inflation risk.Video Length: 00:01:18More By This Author:Fed Decision Preview – Wednesday, […]