The 2.270 level is still holding for the OMXI15.

Analog Devices Inc. is exhibiting a strong bullish trend according to the latest Elliott Wave analysis.

U.S. inflation stood at % in April versus 3.5% in March. CFRA strategist sees upside in S&P 500 to 5,415 level. The benchmark index is up over 10% for the year at writing.

The US released hotter-than-expected Producer Price Index (PPI) figures. Investors expect only 44 basis points of Fed rate cuts in 2024. British wages minus bonuses grew by 6.0% in the first quarter of 2024.

Markets appear to be giving an asymmetrically larger weight to the encouraging bits of US data releases, perhaps mirroring communication by the Fed which has failed to turn much more hawkish as disinflation has stalled.

On Monday, the popular meme stocks Game Stop and AMC Entertainment surged higher in yet another short squeeze episode. Fundamentally, both companies have been flirting with bankruptcy.

The dollar is trading heavily against the G10 currencies and most of the currencies from emerging markets.

As a result, a significant percentage of households that are considered middle-class are one misfortune away from insolvency.

The Japanese yen fell again, surpassing 156 yen to the dollar, hitting its lowest level in two weeks, raising concerns about the possibility of Japanese authorities intervening again to support the currency.

Building the foundation of investors portfolio with the best US foundational stocks by sector.

GME shot up by 69% before peaking at over a 100% gain. Seeing this unfold brought back memories of the 2021 short squeeze. But what’s driving this sudden spike, and how should day traders approach it? Let’s dive into the blog and talk about it!

The 0.6% month-on-month increase was strongly driven by a jump in the notoriously volatile Irish production figure. Production seems to be tentatively bottoming out at the moment, with a modest recovery expected in the second half of the year.

In 2024, the US Federal Reserve is operating in a complex economic landscape, marked by persistent inflation, stagnant economic growth, and several geopolitical conflicts that are reigniting international tensions.

Since the pandemic-related bazooka of fiscal stimulus, the outstanding Federal debt has risen appreciably

The rally in USDJPY has stalled for now into a test of the 156.18 level.

Last Saturday was the Berkshire Hathaway annual shareholder meeting and there was an interesting quote from Warren Buffett, after selling a chunk of his Apple stock.

If we can have no rational basis for making one forecast over another or accepting one historical interpretation over another, then investing – and indeed all history and social science – is hopeless.

As expected, the People's Bank of China (PBoC) kept its one-year medium-term lending rate at 2.5% during its May meeting.

Biden announced a broad series of tariffs on goods imported from China, including several categories of products central to the U.S.’ clean energy transition strategy, such as electric vehicles, batteries and battery materials, and solar cells.

A strong German labor market has helped to avert a more severe economic slump in recent years.