The recent rebound from its 10 September low of 18,186 has faced a hurdle to clear above its 20-day moving average. Several key elements are advocating for a potential short to medium-term bearish reversal. Watch the key resistance at 18,660. After the 9.4% drop seen in the Germany 30 CFD Index (a proxy for the […]
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Canada’s inflation report for October will be in the spotlight on Tuesday after falling below the Bank of Canada’s 2% target for the first time since 2021 in September. Headline inflation likely edged back to Read more…
Almighty dollar awaits PMIs for more signs of Fed cut delays Eurozone PMIs also on tap amid speculation of bigger cut by ECB Pound could benefit from data pointing to rebound in inflation Canadian and Read more…
Asian stocks were mixed today, influenced by weak Chinese data and uncertainty around US Federal Reserve policies. Fed Chair Jerome Powell’s cautious stance on cutting interest rates and stronger-than-expected US inflation data have reduced expectations Read more…