Experts forecast that inflation will hit double digits while oil prices continue to fall as recession fears rise amid investor concerns about the ailing state of the global economy. The Ukraine war is affecting markets around the world and generating extreme volatility. Fears of recession grow in Europe as Ukraine war marks 6 months Worries […]
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Japan’s household spending declined for the fourth consecutive month in November, falling -0.4% yoy. While this was an improvement from October’s -1.3% drop and surpassed expectations of -0.8%, it still reflects ongoing consumer caution. The Read more…
Key Highlights USD/JPY started a consolidation phase above the 156.20 support. A short-term rising channel is forming with support at 157.10 on the 4-hour chart. GBP/USD accelerated losses below the 1.2350 support. AUD/USD and NZD/USD Read more…
Short Term Elliott Wave view in Gold (XAUUSD) suggests rally from 11.14.2024 low is unfolding as a 5 waves impulse. Up from 11.14.2024 low, wave (1) ended at 2721.41 and pullback in wave (2) ended Read more…