The OCR looks set to end 2025 at 3.25% – lower than previously thought. We continue to see a 50bp cut in February but now think it will be followed up with 25bp cuts in Read more…
Key Highlights GBP/USD is consolidating above the 1.2620 support zone. A major bearish trend line is forming with resistance at 1.2740 on the 4-hour chart. Gold prices could decline if it settles below the $2,620 Read more…
NZDUD decline from 10.1.2024 high is in progress as an impulse Elliott Wave structure. Down from 10.1.2024 high, wave 1 ended at 0.6049 and wave 2 rally ended at 0.6119. Pair then resumed lower in Read more…
NZDUSD broke long-term support level 0.5770 Likely to fall to support level 0.5500 NZDUSD currency pair earlier broke below the long-term support level 0.5770 (which acted as the lower border of the weekly sideways price Read more…
Gold under bearish pressure Likely to fall to support level 2555.00 Gold under the bearish pressure after the earlier breakout of the key support level 2617,00 (which is the lower border of the sideways price Read more…
The shipping and logistics industry has faced the Great Freight Recession since about March 2022 with major companies filing for bankruptcies and some ceasing operations. Some recent reports claimed that the freight recession might be Read more…
Elon Musk was extremely vexed. Tesla’s (TSLA) CEO took to X, his social-media platform, to rail against a stopgap measure that congressional leaders introduced to keep the government running for the next three months. Related: Read more…
There’s good news for consumers waiting for the cost of borrowing to come down: The Federal Reserve Bank announced a third interest rate cut today following its December 2024 board meeting. Though most economists had Read more…
Nvidia (NVDA) stock is back in the green today after a week of struggling amid rising market headwinds. 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 As NVDA has trended Read more…
Donald Trump isn’t president yet, but the actions he’s taking before even being sworn in may have already thrust the United States into a new trade war. 💰💸 Don’t miss the move: SIGN UP for Read more…