Grains Report – Monday, Dec. 2
WHEAT General Comments: The markets were lower last week on lower quotes for export Wheat from Russia and on much lower offer prices from Argentina. Tensions remined high between Ukraine, the US, and Russia. There was no news about the conflict seen in recent days to move markets. The threat of war expanded with the […]
Red Cat – High Flying Drone Technology
Summary Red Cat Holdings (RCAT) has shown exceptional price appreciation, gaining 244.15% since the Trend Seeker buy signal on 11/5. The company offers advanced drone technology, providing critical intelligence and situational awareness to military and public safety officials. Barchart’s technical indicators are highly favorable, with 100% buy signals, a 1,260.69% gain in the last year, […]
Unlocking ASX Trading Success – Woolworths Group Limited
ASX: WOOLWORTHS GROUP LIMITED – WOW Elliott Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with WOOLWORTHS GROUP LIMITED – WOW. We see ASX:WOW not really rising, but still has a push lower.ASX: WOOLWORTHS GROUP LIMITED – WOW 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Primary degree, navy)Mode: MotiveStructure: […]
Italian GDP Growth Confirmed As Flat In The Third Quarter
Image Source: Pexels There were no big surprises from the disclosure of the demand breakdown in Italy’s GDP. Consumption was confirmed as the main driver and net exports the main drag, with investments broadly a hindrance for the infrastructure component. Italian GDP growth confirmed as flat in the third quarterThe revision of preliminary national accounts data for the third quarter […]
Major Asset Classes November 2024 Performance Review
Image Source: Pexels Global markets delivered mixed results in November. US stocks and real estate estate investment trusts led last month’s winners, rebounding with solid gains following October’s decline, based on a set of ETFs. Commodities and shares in emerging markets suffered the biggest losses in November.The crowing performer last month: a 6.7% surge in US equites (VTI), […]
Sensex Today Ends 445 Points Higher; Nifty Above 24,250
After opening the day lower, the Indian benchmark turned positive as the session progressed and ended the day higher.Benchmark equity indices ended December’s first session in positive territory.At the closing bell, the BSE Sensex stood higher by 445 points (up 0.6%).Meanwhile, the NSE Nifty closed higher by 142 points (up 0.6%).Apollo Hospital, Grasim Industries, and Shriram Finance are among […]
AUD/USD Price Forecast: Gaps Open And Falls Towards Floor Of Range
AUD/USD gaps open on Monday and declines. The pair is in a sideways range and will probably continue oscillating. Gaps have a habit of getting filled, suggesting an up leg will eventually develop within the range. AUD/USD is falling within a range encompassed by the green (ceiling) and red (floor) dashed lines on the chart […]
US Dollar Stretches Higher After Trump Tariff Threatens BRICS, French Political Turmoil Ahead
The US Dollar has kicked off this week on the front foot after Donald Trump slapped BRICS with tariff. Focus shifts to Paris where this Monday, during European trading hours, French parliament is set to convene ahead of a vote for no-cofidence. The US Dollar Index spikes back above 106.00, though it faces a key […]
The Beginning Of The End
Global equities kicked off December positively as most Asian equity benchmarks finished the first trading day of the month with gains of between 0.5% and 1.0%. In China, the 10-year yield fell to a record low just below 2% after the country’s services PMI came in weaker than expected at 50.0 even as the Manufacturing […]
EUR/USD Analysis: Faces Downward Pressure
At the beginning of this week, the US dollar regained its recent losses following Trump’s recent harsh threats and ahead of the start of trading for those who abandon the US dollar. As a result, the EUR/USD currency pair is stabilizing on a downward trend around the support level of 1.0515 after closing last week’s […]
