Nvidia Lifts Global Sentiment Ahead of US Growth and PCE Data
Nvidia lifted global sentiment after a stellar earnings report and we look ahead to US GDP and PCE data after the Fed leaned towards the 'higher for longer' stance on…
CAC 40, DAX 40 and Dow Trade at Record Highs but may Short-term Consolidate
Outlook on CAC 40, DAX 40 and Dow post stellar Nvidia Q4 earnings.
Gold Weakened after Fed Officials Signalled a Preference to Delay Rate Cuts
Fed officials continued to signal a preference to remain patient on the topic of rate cuts as the US economy, consumer and labour market maintain their resilience
Euro (EUR) Price Latest – EUR/USD Testing 200-SDMA Resistance, EUR/GBP Slipping Into Support
The German economy remains weak and the single currency is starting to struggle against the US dollar and Sterling
US Dollar’s Bullish Bias Holds Steady; Setups on EUR/USD, GBP/USD, Gold Prices
This article delves into the outlook for EUR/USD, GBP/USD, and gold, shedding light on crucial price thresholds to monitor in the upcoming trading sessions.
Japanese Yen Forecast: Brighter Days Ahead; Setups on USD/JPY, EUR/JPY, GBP/JPY
This article examines the technical outlook for USD/JPY, EUR/JPY, and GBP/JPY, discussing important price thresholds worth keeping an eye on over the next few trading sessions.
US Dollar Remains Firm After Mixed S&P PMIs, Fed Speak Later in the Session
The US economy remains in good health despite the slight slowdown seen in the dominant services, data showed today. Up next, a handful of US Fed speakers give their latest…
Nvidia Poised for New All-Time High After Earnings Beat, S&P 500 Buoyed
Nvidia put aside concerns of waning demand and supply chain constraints after the chip maker followed up its Q4 earnings beat with a positive outlook for Q1 2024
Gold Prices Rise Again On Weaker Dollar, Geopolitics Dominate
The prospect of higher-for-longer rates is a headwind for gold, but the markets still think cuts will come, and that’s supportive
British Pound (GBP) Latest – GBP/USD Boosted by Positive UK PMIs, Weak US Dollar
The latest UK S&P PMIs suggest that the economy is growing by 0.2-0.3% in Q1 2024, confirming the BoE’s view that the UK’s recession is likely to be short-lived.