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…
Event Guide: U.K. Employment Report (October 2024)
We’ve got a fresh batch of U.K. labor market figures comin’ right up! Can the numbers keep the Bank of England (BOE) on its neutral stance or will it tip the…
Day Trading: How to Navigate Short-Term Market Opportunities
Day trading is one of the most dynamic and engaging forms of trading in the financial markets. Unlike long-term investors who buy and hold assets for months or years, day traders capitalize…
Chart Art: WTI Crude Oil (USOIL) Testing Mid-Range Area of Interest
It looks like WTI crude oil prices are stuck around the middle of its range for now! Is it in for a bounce back to support soon or about to carry on…