China’s Caixin Manufacturing PMI improved to 50.3 in October, up from 49.3 and surpassing expectations of 49.5. According to Wang Zhe, Senior Economist at Caixin Insight Group, October brought a mix of positive developments, including Read more…
Japan’s PMI Manufacturing was finalized at 49.2 in October, a decline from September’s 49.7, signaling continued contraction in the sector. Usamah Bhatti at S&P Global Market Intelligence noted that while output fell only slightly, it Read more…
Key insights from the week that was. In Australia, the Q3 CPI reported a 0.2% (2.8%yr) increase in headline inflation and a 0.8% (3.5%yr) lift in underlying trimmed mean inflation, both of which broadly met Read more…
Markets are preparing for next week’s US election Key US data on Friday, a week before the Fed meeting Another strong set of data could endanger the Fed rate cut The dollar could get a Read more…
Indices The major US indices began the week with an attempt to return to growth but were choked by selling. Once again, the laggard was the Dow Jones, which slipped below last week’s lows, losing Read more…
Nasdaq-100 reversed from resistance level 20600.00 Likely to fall to support level 20000.00 Nasdaq-100 index recently reversed down from the major resistance level 20600.00 (which stopped the previous sharp upward impulse wave (A) at the Read more…
EURCAD broke resistance level 1.5085 Likely to rise to resistance level 1.5175 EURCAD currency pair recently broke the resistance level 1.5085 (which reversed the price in the middle of October). The breakout of the resistance Read more…
Yesterday, West Texas Intermediate (WTI) crude oil was trading at $68.17 per barrel, up by 0.37% over the last 24 hours. So far this year, WTI prices have fallen by 7.18%. Similarly, Brent crude oil Read more…
We all wanna change the world, but it ain’t gonna be cheap. Artificial intelligence promises to rewire the human experience in ways that even the experts probably haven’t imagined yet. Related: Meta earnings blast forecasts, Read more…
America’s attraction to fast-food burgers accelerated in the 1980s with the start of the Burger Wars between McDonald’s and Burger King which featured huge ad campaigns and price reductions to bring more customers into the Read more…