GBPUSD APPRECIATES TO FRESH MULTI-MONTH HIGHS AT 1.1840
The pound continues to strengthen, hitting a 2.1/2 month high at 1.18 0. UK GDP fell less than expected in the third quarter. $ remains under pressure for Fed tapering.…
USDJPY PRICE ANALYSIS: PLUMMETS BELOW THE 100-DMA AND HITS A FRESH 2-MONTH LOW
USDJPY ends the week with losses of more than 5 percent. From a daily chart perspective, the downside of USDJPY is neutral if the key price is below the 100-day…
DAX Forecast: Explodes to the Upside
However, I think traders are way ahead, but it’s clear they don’t want to hear anything but a bullish story right now. The DAX rose quite significantly during Thursday’s trading…
NASDAQ 100 Forecast: Accelerates to the Outside After CPI
Whether people are ready to endure the weekend or not is also a very interesting question that we will find out very soon. If they keep it up over the…
Stocks moving higher is still a hard uphill road to travel
US stocks are trying to rise. The Dow is up nearly 600 points and the NASDAQ over 200 points today, but has given up much of its gains as the…
Evans: It’s likely Fed funds peak will be revised 'slightly higher’ in December
Note that the December meeting will be Evans’ last before he retires. There is much room for improvement even with smaller increases Inflation Inflation Inflation is defined as a quantitative…
Deutsche Telekom: The share is so cheap now
Things are looking very good again for shares of Deutsche Telekom. After last week’s strong performance again by the important subsidiary T-Mobile US, the DAX title also rose significantly and…
Citi Research: „Maintains a 50% probability of a synchronized global recession in 2023”
The boys and girls at Citi released their latest Global Outlook and Commodities report today. Citi Research: Retains a 50% Chance of a Synchronized Global Recession in 2023 At the…
Italian GDP Prelim QoQ: 0.5% (Forecast 0%, Previous 1.1%)
YoY Flash: 10.7% (forecast 10.3%, previous 9.9%) Full Report Reuters Note – Consumer price growth in the common euro19 country accelerated to 10.7% in October from 9.9% last month, beating…
How did the stocks who released earnings do this week?
The week ends for US stocks in what was a „big week” in terms of earnings. It can be said that the week was not as bad as the market…