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Germany’s Industrial Slump Continued In October

December 6, 2024 - by - Leave a Comment

Image Source:   There’s still no end in sight to the industrial slump in Germany as industrial production dropped once again in October.The slump continues. German industrial production fell by 1% month-on-month …

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Financial

USD/CAD Rises To Near 1.4040, Tracks US Dollar’s Action Ahead Of US NFP Data

December 6, 2024 - by - Leave a Comment

 Photo by  on    USD/CAD moves higher to near 1.4040 as the US Dollar gains ahead of the US Nonfarm Payrolls data. Investors expect the Fed to cut interest rates by …

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Financial

Elliott Wave Technical Analysis: U.S. Dollar/Swiss Franc – Friday, Dec. 6

December 6, 2024 - by - Leave a Comment

USDCHF Elliott Wave Analysis – Trading Lounge Day Chart U.S. Dollar/Swiss Franc (USDCHF) Day ChartUSDCHF Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 3 Direction Next …

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Financial

All Eyes On US Employment Report

December 6, 2024 - by - Leave a Comment

Image source:   The Barnier resignation and conciliatory remarks from Marine Le Pen suggest the worst could be over in France, though the market will be wanting to see what President …

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Financial

The Kalecki Profit Equation And The Coming Reversion

December 6, 2024 - by - Leave a Comment

Corporations are currently producing the highest level of profitability, as a percentage of GDP, in history. However, understanding corporate profitability involves more than glancing at quarterly earnings reports. At its …

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Financial

Sensex Today Trades Flat; Nifty Below 24,700

December 6, 2024 - by - Leave a Comment

Asian equities tracked a drop in US shares ahead of jobs data that may help shape the direction of the Federal Reserve’s policy path later this month.Equities in Japan, Australia …

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Financial

Friday’s Jobs Report: Likely Outcome And Why It May Not Stop Fed’s December Rate Cut

December 6, 2024 - by - Leave a Comment

 Image Source:    Economists are optimistic about a sharp recovery, with consensus estimates pointing to a net gain of 207,500. The labor market has shown resilience in the face of …

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Financial

FX Daily: Dollar Awaits Incoming US Payrolls Data

December 6, 2024 - by - Leave a Comment

Image Source:   The week culminates in today’s November NFP jobs report. Given expectations of a bounce back after last month’s weather and strike-hit figure of +12k, the market now probably …

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Financial

GBP/CHF Forecast: Stuck In Range

December 6, 2024 - by - Leave a Comment

The British pound initially did rally against the Swiss franc, but it has given back a little bit of gains. Part of this could be the fact that the unemployment …

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Financial

Elliott Wave Technical Analysis: Bovespa Index – Friday, Dec. 6

December 6, 2024 - by - Leave a Comment

Bovespa Index Elliott Wave Analysis – Trading Lounge Day ChartBovespa Index Elliott Wave Technical Analysis Function: Bullish Trend Mode: Impulsive Structure: Orange Wave 1 Position: Navy Blue Wave 3 Direction Next Higher Degrees: Orange Wave 1 …

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