US Q4 GDP Nowcast
Several updated nowcasts for US economic activity in the fourth quarter have been revised sharply higher recently, but the median estimate barely changed, based on the several data points from …
Read MoreFinancial
Real Retail Sales On The Cusp Of Breaking Out Of Their Multi-Year Doldrums
Consumption leads employment, and as I reiterated yesterday real per capita retail sales has a history as a long leading indicator.Which means that retail sales for November, which rose 0.7% …
Read More UK Salary Growth Puts BoE Rate Cut Plans In Question
A report coming from the UK’s Office for National Statistics (ONS) showed that average salaries, both including and excluding bonuses, . Analysts at ONS noted that “after slowing steadily for over …
Read More GBP/USD Price Analysis: Upbeat Jobs Data Boosts Sterling
The GBP/USD price analysis paints a bright future for the pound as UK labor market data shows resilience in the face of high interest rates. Meanwhile, market participants remained cautious …
Read More GBP/USD Rebounds On Stronger UK Data As Attention Turns To FOMC
Photo by on The pound has been among the strongest currencies in the G10 space so far this week, owing to strength in UK data and diminishing hopes that the Bank …
Read More Signs Of 2024 SPY Topping Out
S&P 500 shook off weak Empire State manufacturing, and correctly focused on instead of marginally down manufacturing PMI. But then, the bond market and the dollar made a correct move that …
Read More Bull Of The Day: Dave Inc
DAVE INC () is a rising player in the FinTech and mobile banking space, making a name for itself by catering to underserved banking customers. Seed investor and Mark Cuban praised …
Read More Euro Slips, Pound Outperforms
Image source: As we come into the North American open, the US Dollar remains in the driver’s seat and is up pretty much across the board. The Dollar demand has …
Read More Gold Analysis: Continued Upward Trend Possible
Gold prices started the week relatively stable, trading between $2,644 and $2,664 per ounce. Today (Tuesday), the price is expected to open around $2,651 per ounce on. According to gold …
Read More European Equities Swing As Cautious Central Bank Signals, Political Uncertainty, And Mixed PMI Data Shape Market Outlook
From our perspective, European equity markets are oscillating between cautious optimism and underlying structural concerns. The STOXX 50’s modest rebound, contrasted with the STOXX 600’s lingering weakness, reflects a market …
Read More