Summary The first half of 2024 has seen a gradual, but clearly perceptible, improvement in U.K. economic momentum. Q1 GDP rose 0.7% quarter-over-quarter, while more recent sentiment and activity data point to ongoing growth in Read more…
Australia’s NAB Business Confidence rose from -2 to 4 in June, marking its highest level since early 2023 and returning to positive territory. However, Business Conditions fell from 6 to 4, indicating some ongoing challenges. Read more…
Since perhaps February, the Federal Reserve’s rate-makers have been adamant that data — and only data — will guide when the central bank stats to cut interest rates. With inflation being sticky at something under 3% a year Read more…
Key Highlights GBP/USD climbed higher above the 1.2780 resistance zone. The pair is signaling a strong bullish momentum above 1.2800 on the 4-hour chart. Oil prices corrected lower from the $84.65 zone. Bitcoin is struggling Read more…
Australia’s Westpac Consumer Sentiment index dropped by -1.1% mom to 82.7 in July, reflecting increased concerns about persistent inflation and fears of interest rate hikes. The Mortgage Rate Expectations Index, which measures consumer expectations for Read more…
Nasdaq 100 rising inside impulse wave 3 Likely to test resistance level 20775.00 Nasdaq 100 index continues to rise inside the accelerated impulse wave 3, which previously broke the round resistance level 200000.00 (which stopped Read more…
Gold reversed from resistance level 2400.00 Likely to fall to support level 2325.00 Gold today reversed down with the Bearish Engulfing from the key resistance level 2400.00 (which reversed the price at the start of Read more…
Fierce competition in the airline industry this year has resulted in several carriers, both large and small, filing bankruptcy and sometimes permanently shutting down their businesses. To kick off the year, Brazil’s GOL airlines in Read more…
In case you haven’t noticed, going out for a shopping trip looks a little different nowadays than it has in years past. Covid largely changed the retail landscape in the United States as we know Read more…