Market movers today US durable goods orders for October will provide more clues to US investment spending. Due to Thanksgiving tomorrow, weekly initial jobless claims are also released today, a day earlier than usual. In Read more…
Daily Pivots: (S1) 147.51; (P) 148.05; (R1) 148.94; More… Intraday bias in USD/JPY is turned neutral first with current recovery. Some consolidations would be seen above 147.14 temporary low first. But risk will stay on Read more…
As Thanksgiving long weekend approaches, a noticeable tranquility has enveloped the financial markets. The aftermath of FOMC minutes, which revealed a slightly toned-down hawkish stance, has resulted in rather subdued market reactions. Major stock indices Read more…
DXY: The DXY (US Dollar Index) chart currently indicates a bullish momentum, suggesting a potential bullish continuation towards the first resistance at 103.99. The first support at 103.17 is identified as a swing low support, Read more…
Oil (CL) ended cycle from 9.28.2023 high as a 5 waves impulse. Down from 9.28.2023 peak, wave 1 ended at 81.5 and rally in wave 2 ended at 90.78. The instrument then extended lower in Read more…
Key Highlights GBP/USD rallied above the 1.2420 and 1.2500 levels. It broke a key declining channel with resistance near 1.2425 on the 4-hour chart. Gold prices started a fresh increase above the $1,990 resistance. USD/JPY Read more…
The pandemic that began early in 2020 had a devastating impact on businesses worldwide. Particularly disrupted was the airline industry as travel restrictions grounded flights to a halt. Related: Las Vegas Strip brings back superstar Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Even though Black Friday is a few days away, it’s not Read more…
Westpac Leading Index in Australia has shown a marginal decline from -0.38% to -0.40% in October, underscoring the ongoing trend of subdued economic growth. This marks the fifteenth consecutive month where the index’s growth rate Read more…
The Japanese government has revised its assessment of the nation’s economy, marking the first downgrade in ten months. This change in outlook indicates pausing in part” in Japan’s moderate recovery, primarily attributed to weakening domestic Read more…