Japan’s PMI Manufacturing eased from 54.9 to 54.1 in September, marking a six-month low but still signalling a solid expansion in the sector. Output growth slowed to its weakest pace in three months, while new Read more…
Australia’s PMI Manufacturing fell from 52.0 to 49.6 in September, slipping back below the 50.0 no-change mark and signalling the sharpest deterioration in manufacturing conditions for 21 months. The setback was led by a renewed Read more…
In a CNBC interview, Minneapolis Fed President Neel Kashkari pushed back against reading Wednesday’s softer PCE report as a meaningful shift in the inflation outlook, saying “inflation is still too high.” Core PCE inflation came Read more…
ECB Executive Board Member Isabel Schnabel argued that the central bank should not automatically “look through” the latest energy shock simply because it originates on the supply side. Speaking at the 8th Annual EC-EIB-ESM Capital Read more…
A Lack of Headroom: The RBNZ, Oil Prices and Administered Costs New Zealand households have faced a run of large cost increases in recent years related to administered charges and parts of the economy that Read more…
Hello fellow traders/ Silver ($XAGUSD) has recently moved lower as part of the corrective cycle that started from the August high at 71.20. The current price action is giving us an interesting Elliott Wave structure, Read more…
Hello, fellow traders. In this technical article, we’ll take a quick look at the Elliott Wave charts of Gold (XAUUSD), recently published in the members’ area of our website. As our members know, GOLD has Read more…
EURAUD: ⬆️ Buy – EURAUD broke daily down channel – Likely to rise to resistance level 1.6490 EURAUD currency pair recently broke the resistance trendline of the daily down channel from July, which enclosed the Read more…
AUDJPY: ⬆️ Buy – AUDJPY reversed from key support level 109.00 – Likely to rise to resistance level 111.00 AUDJPY currency pair recently reversed up from the key support level 109.00, which previously stopped wave Read more…
Brent oil price bounced from 3 ½ week low on Wednesday on renewed worries of stall of US-Iran talks which offsets positive news of recovering supplies from the Middle East (Goldman Sachs latest report says Read more…