Australia is expected to add fewer jobs in October, which could fuel calls for the RBA to join the global interest rate cut gang. What are the markets expecting from this…
Month: November 2024
Chart Art: Time for a Trend Correction on the S&P 500 (SP500) Index?
U.S. stock markets have been on quite a run lately, but are we finally seeing signs of a rally correction on the S&P 500 index? Check out these nearby inflection points! S&P…
FX Watch: AUD/CHF and AUD/CAD’s Potential Support Areas In Case Of Strong Australian Jobs Report
The Australian dollar could see increased volatility in the next trading sessions as we see the latest employment numbers from the Land Down Under. Our Event Guide for Australia’s Jobs Report…
FX Watch: AUD/NZD and EUR/AUD Resistance Zones if Australia’s Jobs Report Disappoints
The Land Down Under is gearing up to print its latest employment data, and a potential miss could be enough for traders to doubt the RBA’s hawkish stance. Our Event…
Daily Broad Market Recap – November 12, 2024
Markets showed mixed sentiment today as traders likely positioned themselves ahead of FOMC members’ speeches, while bitcoin continued its post-election rally to fresh highs. Check out which headlines influenced price action in…
U.K. Labor Market Update: Wages Cool But Unemployment Rose Above Expectations
The U.K. labor market showed mixed signals in the quarter ending in September, with wage growth moderating but the unemployment rate rising more than expected. The Office for National Statistics (ONS) reported…
Daily Broad Market Recap – November 11, 2024
U.S. and Canadian banks were closed for the holiday, but that didn’t stop some asset classes like crude oil and bitcoin from chalking up volatile moves. Here’s what’s driving the markets so…
Chart Art: EUR/GBP’s Potential Pullback After A Breakout
EUR/GBP has extended its November downswing to break a range pattern from last week. Will we see a pullback in the next trading sessions? Or will the bears keep calm and carry…
Event Guide: U.S. CPI Report (October 2024)
Uncle Sam’s October CPI report could be a powder keg for U.S. dollar volatility, with manufacturing prices surging even as service sector inflation cools off. What are traders expecting from this…
4 Simple Ways to Reduce Your Trading-Related Stress
Have you ever had one of those days? Your charting software didn’t work just right, your internet connection was doggedly slow, and you forgot to read up on this week’s latest economic report…