Weekly Market Pulse: Election Anxiety
Nov 04, 2024Jeremy Parkinson0
Image source: Pixabay The election this week appears to be a tossup, the outcome dependent on how a few swing states vote. The polls, whether national or focused on a single state, show totals for each candidate mostly within the margin of error. Betting markets have been showing a more definitive leader, with all of them […]
Total Return Forecasts: Major Asset Classes – Monday, Nov. 4
Nov 04, 2024Jeremy Parkinson0
Image Source: Pexels The long-run performance outlook for the Global Market Index (GMI) ticked higher in October. Today’s revised forecast marks the first higher estimate in the past four months for GMI, an unmanaged benchmark that holds all the major asset classes (except cash), based on market weights via a set of ETF proxies.GMI’s long-term projection is currently […]
Sensex Today Tanks 942 Points; Nifty Ends Below 24,000
Nov 04, 2024Jeremy Parkinson0
After opening the day on a negative note, Indian share markets continued the downtrend as the session progressed and ended the day weak.Benchmark equity indices BSE Sensex and NSE Nifty 50 ended the week’s first trading session in the negative territory, down over 1% each.At the closing bell, the BSE Sensex stood lower by 942 points (down […]
Bank Of England: Five Things To Watch This Week
Nov 04, 2024Jeremy Parkinson0
Last week’s budget has made life more complicated for the Bank of England. A rate cut is all but certain, but the combination of extra fiscal stimulus and a volatile US election aftermath means officials won’t want to comment on its next steps. A December rate cut has become less likely, although a lot hinges […]
S&P 500 Weekly Action Areas & Price Objectives
Nov 04, 2024Jeremy Parkinson0
Image Source: Pexels In this update, we review the recent price action in the emini SP500 futures contract and identify some high probability action areas and price objectives to target for the week ahead. To review today’s video analysis click here!Video Length: 00:09:56More By This Author:Daily Market Outlook – Monday, Nov. 4FTSE Recovers From Three Month […]
Demystifying Macroeconomic Events Is Challenging
Nov 04, 2024Jeremy Parkinson0
Image source: Pixabay When we take a deep dive into finance, it is like going down a rabbit hole. It is an Alice in Wonderland place where things go here and there and then twist back on themselves. This tends to all work like the edge of a cliff, or slipping into an abyss with risks […]
Bitcoin And Ethereum Analysis: Price Movement & Key Levels
Nov 04, 2024Jeremy Parkinson0
Bitcoin Chart Analysis BTC/USD 15-Minute Chart (Source: TradingView)In the trading session on October 3, 2024, Bitcoin showed an upside rally in a 15-minute time frame, eventually facing rejection at the $69,600 level.Currently looking at trends on higher time frames (daily time), Bitcoin is in a bull run, and the price is taking a pause on a higher level, hence creating […]
Market Polls To Help Handicap The Election
Nov 04, 2024Jeremy Parkinson0
With election eve upon us, we thought it would be helpful to share market based presidential election polls along with Greg Valliere’s final thoughts.The graph on the top left shows the price of Trump Media & Technology Group (DJT), which runs Truth Social Media. Truth will be a clear beneficiary if Trump wins and will […]
AUD/USD Holds Recovery Near 0.6600 Ahead Of RBA Policy, US Elections
Nov 04, 2024Jeremy Parkinson0
Image Source: Pixabay AUD/USD holds onto recovery near 0.6600 with RBA policy and US elections in focus. The RBA is expected to leave interest rates unchanged at 4.35%. Trump-Harris battle and Fed policy will keep market sentiment on its toes. The AUD/USD pair clings to gains made in Asian trading hours near the key resistance of 0.6600 […]
This Week: Volatility Ahead With US Elections And Fed Rate Decision In Focus
Nov 04, 2024Jeremy Parkinson0
US presidential elections on Nov 5th, potential market impact BOE rate decision on Nov 7th, 25 basis point cut expected Fed rate decision on Nov 7th, 25 basis point cut likely China’s fiscal stimulus on Nov 8th, potential boost to markets We’re headed into what’s set to be a monumental week for financial markets.There’s the long-awaited US […]