UK’s PMI Manufacturing was finalized at 49.9 for October, down from September’s 51.5, marking the first contraction since April. Rob Dobson, Director at S&P Global Market Intelligence, noted that the sector has entered Q4 on Read more…
Check back for updates throughout the trading day U.S. equity futures moved higher in early Friday trading as investors looked to rebound from a difficult October with eyes on a crucial jobs report heading into 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. As the holiday season approaches, your mind will probably start thinking Read more…
WTI crude oil runs to 71.00 critical level near downtrend line Momentum oscillators reflect positive bias WTI crude oil prices recovered the bearish gap that was created in the preceding week and is currently testing Read more…
In recent trading sessions, European currencies have shown mixed performance. The EUR/USD pair found support just below the 1.0800 level, while GBP/USD plunged below the critical 1.2900 support. Today, investors and market participants are awaiting Read more…
Switzerland’s CPI decreased by -0.1% mom in October, missing expectations of flat growth. Core CPI, which excludes fresh and seasonal products, energy, and fuel, edged up by 0.1% mom. Prices for both domestic and imported Read more…
In focus today In the US, focus will be on US October Jobs Report. We think non-farm payrolls growth slowed down to 130k (Sep: 254k) both due to weather-related distortions and less favourable seasonal adjustment. Read more…
Short Term Elliott Wave View in Silver (XAGUSD) suggests cycle from 8.8.2024 low is in progress as a 5 waves impulse. Up from 8.8.2024 low, wave 1 ended at 30.18 and dips in wave 2 Read more…
Equity selloff in Europe and US extended on Thursday. Technology stocks suffered the biggest losses after Microsoft and Meta – which represent nearly 10% of the S&P500 index – were hit by a 6% and Read more…
Daily Pivots: (S1) 194.75; (P) 196.83; (R1) 198.22; More… Intraday bias in GBP/JPY remains neutral for the moment. While pullback from 199.79 might extend lower, further rally would remain in favor as long as 55 Read more…