Will the upcoming Australian CPI release reinforce the RBA’s monetary policy stance? Or will the inflation numbers convince central bank officials to reconsider adjustments in their next meetings? Here’s what…
Daily Broad Market Recap – September 23, 2024
The major assets were all over the place on Monday, as traders priced in the Fed’s rate cut, escalating Middle East tensions, and potential global growth slowdown. Which headlines caught traders’ attention…
Chart Art: Potential Pullback Levels on Silver (XAG/USD)
It looks like this precious metal busted out of that reversal pattern we were watching earlier and is now gaining traction on its climb. Can it go for a major correction soon?…
U.S. Flash PMIs Show Slower Hiring And Rising Inflation In September
Data from S&P Global showed the continued growth disparities between the manufacturing and services sector in September. Flash manufacturing PMI for September: 47.0 (48.6 forecast, previous reading downgraded from 48.0 to 47.9)…
Student Loan On-Ramp Ending: Will Default Rates Surge?
Source: The College Investor The student loan on-ramp is set to end on September 30, 2024. Borrowers not in repayment may face negative credit reporting, penalties, and the risk of default. Legal…
5 Ways to Tell if You’re Ready to Open a Live Trading Account
So you’ve been trading on a demo account for months now and you think you’re ready to go live. But are you REALLY ready? Here are five signs you should look for:…
How To Find Free Community College To Save Money
Source: The College Investor Free community college is currently offered to some or all students in 33 states. With college costs and student debt on the rise, students and their parents need…
Chart Art: Can USD/CHF Go for a Reversal Soon?
This dollar pair has been trading sideways recently but also appears to be forming a short-term reversal pattern. So, will USD/CHF stay stuck in consolidation or can it go for an uptrend…
Week Ahead in FX (September 23 – 27): RBA & SNB Policy Decisions Plus Global PMIs, Australia’s CPI
It’s the third week of the month, which means it’s time for a fresh batch of global PMI readings! We’ll also get word from Australia’s and Switzerland’s central banks on…
Event Guide: RBA Monetary Policy Statement (September 2024)
RBA members are feeling pressured as they continue to keep interest rates high despite cooling price pressures and slowing economic growth. What are the markets expecting from the event and how…