Euro Slips, Pound Outperforms
Dec 17, 2024Jeremy Parkinson0
Image source: Pixabay As we come into the North American open, the US Dollar remains in the driver’s seat and is up pretty much across the board. The Dollar demand has also found company in US equity futures pointing to a lower open.Video Length: 00:01:05More By This Author:A Tale Of Two Economies Euro And Pound Get […]
Gold Analysis: Continued Upward Trend Possible
Dec 17, 2024Jeremy Parkinson0
Gold prices started the week relatively stable, trading between $2,644 and $2,664 per ounce. Today (Tuesday), the price is expected to open around $2,651 per ounce on. According to gold trading platforms, the gold price index remains relatively firm due to expectations that the US Federal Reserve may pause further interest rate cuts in 2025 […]
European Equities Swing As Cautious Central Bank Signals, Political Uncertainty, And Mixed PMI Data Shape Market Outlook
Dec 17, 2024Jeremy Parkinson0
From our perspective, European equity markets are oscillating between cautious optimism and underlying structural concerns. The STOXX 50’s modest rebound, contrasted with the STOXX 600’s lingering weakness, reflects a market heavily influenced by shifting monetary policy expectations and mixed economic signals. Investors are attuned to the upcoming Federal Reserve and Bank of England decisions, where […]
Elliott Wave Technical Analysis: Netflix Inc. – Tuesday, Dec. 17
Dec 17, 2024Jeremy Parkinson0
NFLX Elliott Wave Analysis Trading LoungeNetflix Inc., (NFLX) Daily ChartNFLX Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave 3 of (5).DIRECTION: Upside within wave (5).DETAILS: Looking for upside into wave (5) towards Trading Level 1 at 1000$. We seem to be missing another larger pullback in wave 4 before resuming higher into ave 5 of (5).Netflix Inc., (NFLX) […]
So, What Country Wants To Be Like Germany Now?
Dec 17, 2024Jeremy Parkinson0
Image Source: Pexels The collapse of Germany shocks many. But I have been discussing why this was inevitable for over a decade.Germany Is Unraveling Just When Europe Needs It MostBloomberg reports Germany Is Unraveling Just When Europe Needs It Most Germany is reaching a point of no return. Business leaders know it, the people in the country […]
US Dollar Ticks Higher Ahead Of Retail Sales Data As Markets Foresee Shallower Fed Easing Cycle
Dec 17, 2024Jeremy Parkinson0
The US Dollar edges higher after US preliminary Services PMI data suggested the economy remained strong, boosting the Greenback. Traders gear up for US Retail Sales data as traders increasingly expect the Fed to reduce or pause its interest-rate-cutting cycle in 2025. The US Dollar Index (DXY) orbits around 107.00 and tries to move higher. […]
Broadcom Favors Bullish Sequence Towards $273
Dec 17, 2024Jeremy Parkinson0
Broadcom Inc., (AVGO) designs, develops & supplies various semiconductor devices with focus on complex digital & mixed signal complementary metal oxide semiconductor. The company operates in two segments, Semiconductor Solutions & Infrastructure Software. It is based in Palo Alto, CA, comes under Technology Sector & trades as “AVGO” ticker at Nasdaq.AVGO is trading at all […]
Tesla Stock Price And Company Overview
Dec 17, 2024Jeremy Parkinson0
Image Source: Pexels In this article, traders will learn about Tesla, Inc., focusing on key aspects that drive its stock performance and market positioning. We will explore the factors behind the company’s impressive stock growth, from its strong financials and business divisions to the role of innovation and market trends such as AI and autonomous vehicles. […]
New Record Highs For Cocoa, Bitcoin And Nasdaq 100. Who’s Next?
Dec 17, 2024Jeremy Parkinson0
Cocoa returns above $12,000 for first time since April 2024 amid worsening West African crop Bitcoin surges above $107,000 following Trump’s national reserve comments Nasdaq jumps 1.45%, Alphabet, Tesla, Amazon gain Fed expected to cut rates on Wednesday 18 Cocoa surged beyond $12,000 per tonne, reaching its highest levels since April due to mounting concerns over West Africa’s mid-crop outlook. Dry conditions, […]
Daily Market Outlook – Tuesday, Dec. 17
Dec 17, 2024Jeremy Parkinson0
Image Source: Pixabay Asian markets experienced mixed performance overnight, as investors await a series of interest rate decisions from central banks, including the Federal Reserve, scheduled for this week. Chinese equity markets showed modest gains. Reports suggest that Beijing aims to set a growth target of around 5% for the coming year, alongside increasing the budget […]