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Markets
Daily Broad Market Recap – November 5, 2024
All eyes were on the US elections on Tuesday, encouraging pre-event positioning and volatile price action among major assets.
US dollar alternatives such as Bitcoin and gold rose, while US stocks found support from a potential Trump win.…
New Zealand Dollar Rises as Robust Wage Growth Outweighs Q3 Job Decline
New Zealand's labor market slowed slightly in Q3 2024, with employment falling by 0.5% quarter-on-quarter (versus an expected 0.4% decline) and the unemployment rate rising from 4.6% to 4.8%.
The labor force participation rate also…
RBA Holds Rates Steady, Staying Hawkish on Elevated Inflation Risks
As expected, RBA The Reserve Bank of Australia (RBA) kept interest rates unchanged at 4.35%. In November.
The Reserve Bank of Australia acknowledged that headline inflation has fallen sharply due to lower fuel and energy prices, but…
Daily Broad Market Recap – November 4, 2024
Traders remained mostly on the sidelines on Monday, as traders priced in uncertainty over the US election and high-profile calendar events this week.
However, crude oil got a small boost from OPEC+ delaying the plan to increase…
4 Cases When You Should Sit on the Sidelines
With another busy trading week ahead, are you really supposed to pounce on every opportunity to make profits?
Contrary to what some may think, staying on the sidelines does not necessarily mean that you are a lazy trader.
In fact, there…
Risk Management and Security in Online Trading: How Platforms Keep Your Investments Safe
In the rapidly evolving world of online trading, security and risk management have emerged as critical factors for both individual and institutional investors.
With increased access to markets through technology, individuals can now trade…
Premium Watchlist Recap: Oct. 29 – 30, 2024
This week our currency strategists focused on the Australian CPI report and the Bank of Japan's monetary policy statement in search of potential high-quality setups.Of the eight scenario/price forecast discussions this week, Arguably,…
AI Stock Ratings Shift: Key Analyst Insights on Microsoft, Google, and ARM
Leading analysts weigh in on key AI stock ratings, adjusting expectations for Microsoft, Google, ARM, and others as the market responds to new data.
Global Market Weekly Recap: October 28 – November 1, 2024
Market correlations were chaos for most of the week, with stocks and commodities moving according to their individual catalysts. Geopolitical tensions were still at the forefront, although OPEC+ updates and US inventory data also…
Chart Art: WTI Crude Oil (USOIL) Just Bounced From a Range Support. Now What?
A rebound in crude oil prices has pushed West Texas Intermediate (USOIL) crude higher from a key technical support area.
Will this cause USOIL to reconsider areas of highest interest?
Let's check the 4-hour time frame:West Texas…
