Why Hungary’s Brighter Labour Market Data Should Be Taken With A Pinch Of Salt
Jan 24, 2025Jeremy Parkinson0
From a data perspective, recent labour market indicators have generally remained strong in Hungary. However, there are some nuances that warrant caution before we get too excited about the strength of the country’s labour statistics.Recent data releases on the Hungarian labour market paint an encouraging but mixed picture. The trend in employment and unemployment over […]
Europe Has Some Serious Questions To Answer
Jan 24, 2025Jeremy Parkinson0
Image source: Pixabay Europe’s problems in 2025 aren’t like those in previous years… they go too deep and are too profound for them to be suddenly solved in a last-ditch summit, as so often has been the case. The continent really is at a crossroads and needs to grasp the initiative or remain in stagnation.Video Length: […]
GBP/USD Forecast: British Pound Continues To Stall
Jan 24, 2025Jeremy Parkinson0
The British pound has stalled a bit during the trading session on both Wednesday and Thursday, and as I look at the chart, the 1.2350 level is an area that I think a lot of people will be paying close attention to. If we can break above there, then it could open up a deeper […]
US Corporate Bankruptcies Hit 14-Year High In 2024
Jan 24, 2025Jeremy Parkinson0
Corporate bankruptcies soared to a 14-year high in 2024, underscoring the Catch-22 facing the Federal Reserve as it wrestles with interest rate policy to battle sticky price inflation.According to data gathered by S&P Global Market Intelligence, 61 corporate bankruptcy filings were made in December, bringing the total for 2024 to 694. This was a 9.2 percent increase over 2023 […]
USD/JPY Rebounds To Near 156.50 As BoJ Refrains From Committing Specific Rate Hike Path
Jan 24, 2025Jeremy Parkinson0
Image Source: Pixabay USD/JPY recovers sharply to near 156.50 as the Japanese Yen underperforms its major peers. The BoJ refrained from providing a specific policy-tightening path. US President Trump has pushed back fears of imposing tariffs on China. The USD/JPY recovers Bank of Japan’s (BoJ) interest rate hike-inspired losses and rises to near 156.60 in Friday’s North […]
Market Analysis – Friday, Jan. 24
Jan 24, 2025Jeremy Parkinson0
SPX futures pulled back to 6105.00 this morning, not far enough to cause a reversal. Cycles have Models for both price and time. After yesterday’s mistaken identity I did some further research to find that the current Cycle may extend to today’s mid-afternoon or Monday’s mid-morning. Should it end today or Monday, the intended target may be near 6173.00. These […]
Sluggish End To A Positive Week
Jan 24, 2025Jeremy Parkinson0
Here in the US this morning, US futures are biased to the downside as markets digest what is expected to be the second week in a row of gains. Earnings season has continued on a bullish note with positive earnings from the banks and financials last week and then strong reports from Netflix (NFLX), 3M […]
Futures Dip To Close Best Inauguration Week For S&P Since Reagan
Jan 24, 2025Jeremy Parkinson0
US equity futures are slightly lower to close out a blowout week for risk assets. As of 8:00am S&P futures are down 0.1% after the index reached its new ATH on Thursday, the first of the year; Nasdaq futures are unchanged with megacap tech flat this morning (TSLA +57bp) while Russell futs are also down […]
US Dollar On Track To Lose Around 2% Of Value This Week
Jan 24, 2025Jeremy Parkinson0
The US Dollar retreats on all fronts and against all major peers. US President Trump commented that tariffs on China might not finally be imposed. The US Dollar Index (DXY) sinks below 108.00 and hits a key moving average. The US Dollar Index (DXY), which tracks the performance of the US Dollar against six different […]
DOGE, Its Goals, Its Caucus, And The Hope It Will Work
Jan 24, 2025Jeremy Parkinson0
Image Source: Pexels The formation of the Department Of Government Efficiency (DOGE) has been hailed by many people as a game changer. When its formation was announced, Elon Musk, one of the two men chosen with the task of leading it suggested he could cut at least $2 trillion in federal spending. Hope immediately soared with […]