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Financial

Best Buy Reports Q3 FY’2025: Decline In Sales And Earnings

November 26, 2024 - by - Leave a Comment

Image Source:   Best Buy Co., Inc. (NYSE: ) reported its , showcasing a mixed performance. The company recorded a total revenue of $9.445 billion, a decline from the $9.756 billion reported …

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Financial

Polish Retail Sales Partially Bounced Back In October

November 26, 2024 - by - Leave a Comment

Image Source:   The high fuel sales base from 2023 promotions reduced annual retail sales in October, but other categories improved. Those involved in flood recovery efforts likely returned to normal …

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Financial

US Dollar Chokeholds Markets After Trump Hits Neighboring Countries With Surprise Tariffs

November 26, 2024 - by - Leave a Comment

The US Dollar rolls through markets after President-elect Trump announced more tariff measures.  Markets are choking on the announcement, with equities recovering earlier losses.  The US Dollar Index whipsaws around …

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Financial

Elliott Wave Technical Analysis Hang Seng Index

November 26, 2024 - by - Leave a Comment

Hang Seng Index Elliott Wave Analysis – Trading Lounge Day ChartHang Seng Index Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Gray Wave 2 Position: Orange Wave 3 Direction of Next Higher Degrees: Gray Wave 3 …

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Financial

EUR/JPY Price Prediction: Down-trend In Play, Lower Lows Expected

November 26, 2024 - by - Leave a Comment

EUR/JPY establishes a descending sequence of peaks and troughs from the October 31 peak. It is now probably in a short-term downtrend and given it is a principle of technical  that …

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Financial

USD/CAD Outlook: Dollar Soars While Loonie Slides On Tariff Vows

November 26, 2024 - by - Leave a Comment

The USD/CAD outlook indicates a sharp bullish turn as the dollar gains and the loonie collapses after Trump’s tariff vows. At the same time, market participants were awaiting more clues …

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Financial

Gold Vs. CPI And PPI Suggest A Big Rise In Purchasing Power

November 26, 2024 - by - Leave a Comment

This week we’ll look at long term charts of gold vs both the Consumer Price Index (CPI) and Producer Price Index (PPI). Both indexes are measures of ever rising prices (inflation), …

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Financial

Canadian Dollar Crushed On Trump Tariff Vow

November 26, 2024 - by - Leave a Comment

We don’t normally talk about the Canadian Dollar in our opening call but that’s exactly where we are as we get going on this Tuesday. The Loonie has collapsed to …

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Financial

Daily Market Outlook – Tuesday, Nov. 26

November 26, 2024 - by - Leave a Comment

Image Source:   The dollar saw a late-day bid in US trade after the announcement by President-elect Trump that tariffs would be implemented on imports from Canada, Mexico, and China. The …

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Financial

XRP Price Eyes Fresh Upside: Can Bulls Deliver?

November 26, 2024 - by - Leave a Comment

XRP price is consolidating gains near the $1.450 zone. The price must clear the $1.50 resistance zone to start a fresh increase in the near term. XRP price is attempting …

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