FTSE Sinks To Two Month Low Ahead Of BoE Rate Decision
Image Source: Pexels The FTSE 100 in the UK fell to a nearly one-month low on Tuesday following robust wage data, as investors prepared for insights regarding the future interest rate path of the Bank of England (BoE) later this week. Ahead of the Bank of England’s policy decision on Thursday, data revealed that British wages […]
Alphabet Stock Hits 52-Week High As Waymo Set To Test In Japan
Image courtesy of 123rf.com Google’s (Nasdaq: GOOG) autonomous vehicle division, Waymo, is set to embark on its first international venture by initiating tests in Tokyo, Japan, starting in early 2025.This marks a significant milestone for the company as it steps beyond the borders of the United States for the first time. Waymo has strategically partnered with Nihon Kotsu, […]
Healthcare Employment Surge: Beyond Government Spending
“Actual” data from Bureau of Labor Statistics; “Trend” from the author’s calculations Dr. Bill Conerly Healthcare employment has boomed in the past few years. But contrary to some recent opinions, it’s not all about increased government spending. The pandemic caused worker shortages in healthcare which are just now being resolved.Healthcare employment has grown faster than total […]
Kiwi Is Nearing Strong Support; Bullish Reversal In 2025?
Photo by Thomas Coker on Unsplash The Kiwi with ticker NZD/USD basically could not find the real direction for the last two years, but it looks like a corrective bullish pattern. Actually, we still believe the Kiwi can see bullish reversal in 2025, after current deeper A-B-C corrective drop is finished, which is now in late stages on […]
Dow On Track For Longest Losing Streak Since 1970’s
The Dow Jones Industrial Average (DJI) is down 210 points midday, headed for its ninth-straight daily loss. This would mark the blue-chip index’s worst daily losing streak since since 1978, according to Dow Jones Market Data. The S&P 500 Index (SPX) and Nasdaq Composite Index (IXIC) are firmly lower as well, as investors digest this morning’s retail sales […]
Unlocking ASX Trading Success – Brambles Limited
BRAMBLES LIMITED – BXB Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BRAMBLES LIMITED – BXB. We see ASX:BXB could be about to push higher with a ((3))-navy wave.BRAMBLES LIMITED – BXB 1D Chart (Semilog Scale) AnalysisFunction: Major trend (Minuette degree, orange)Mode: MotiveStructure: ImpulsePosition: Wave ((2))-navy of Wave v-greyDetails: […]
Asian Stock: MBM Resources
Company: MBM Resources BerhadBloomberg ticker: MBM MKMarket cap: US$505mBackground: MBM Resources Berhad is a Malaysian holding company engaged in the trading of five motor vehicle brands, assembly and manufacturing of commercial and passenger vehicles, and automotive parts manufacturing. The company sells cars and trucks from Perodua, Volvo, Volkswagen, Hino, and Daihatsu. World Class Benchmarking of MBM Resources Profitable Growth […]
Sensex Today Tanks 1,064 Points; Nifty Ends Below 23,350
After starting the day on a negative note, the benchmarks dragged further as the session progressed and ended the day on a weak note.Benchmark equity indices BSE Sensex and NSE Nifty 50 witnessed a sharp correction, selling down by over 1 percent each, weighed by selling across the counters.At the closing bell, the BSE Sensex stood lower […]
US Q4 GDP Nowcast
Several updated nowcasts for US economic activity in the fourth quarter have been revised sharply higher recently, but the median estimate barely changed, based on the several data points from a range of sources compiled by CapitalSpectator.com. The US economy still, as a result, still looks set to slow in the final quarter of the […]
Real Retail Sales On The Cusp Of Breaking Out Of Their Multi-Year Doldrums
Consumption leads employment, and as I reiterated yesterday real per capita retail sales has a history as a long leading indicator.Which means that retail sales for November, which rose 0.7% nominally, continues its recent strong string of positives, increasingly looking like it is finally breaking out of its 2 year plus doldrums.Since consumer prices rose […]
