Hello, fellow traders. In this technical blog, we’ll take a quick look at the Elliott Wave charts for the FTSE Index, published in the members’ area of the website. Recently, FTSE formed an Elliott Wave Read more…
Jim Cramer has flipped on NextEra Energy, and we will get to the why before dismissing it as a Lightning Round soundbite. This was a “Mad Money” call on Sept. 16, after someone asked what Read more…
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Gold is trading near 4,360 USD per ounce on Friday after gaining almost 2% in the previous session. The precious metal has found support from falling oil prices, which have helped ease inflation concerns and Read more…
Expected rate hike brought forward to September, as hawkish rhetoric outweighs the tactical risks We shift the timing of the next rate hike to September from November. When we last updated our rate forecasts, we Read more…
Markets USD/JPY surges to 157.1 this morning. The pair has now recouped about half of the impressive JPY gains earlier this month. The Bank of Japan as expected lifted the policy rate by 25 bps Read more…
In focus today In the euro area, The ECB’s Consumer Expectations Survey is released today. Inflation expectations remain higher than before the war but have trended lower over the past three months. It will be Read more…
UK retail sales volumes rose 0.5% mom in August, reversing July’s unrevised 0.5% decline and beating expectations for a 0.3% contraction. Annual growth accelerated from a downwardly revised 1.2% to 2.4%, above the 1.9% consensus. Read more…
TL;DR: USD/JPY is testing 157.11 as one widening policy differential, not two separate stories—the Fed is accelerating into a new tightening phase while the BoJ’s divided vote reduced the odds of a back-to-back hike, both 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. Why we love this deal Laptops and tablets are two of Read more…