Australian inflation fell to 4.1% y/y in Q4 2023 from 5.4% in Q3, indicating the lowest level since Q4 2021, compared to market expectations of 4.3%.

Escaping from the Falling Wedge pattern signaled a EUR/USD price reversal. The FOMC and the US economic figures should bring high volatility. Only a new higher high activates a larger rebound.

Asian markets were mostly quiet as a result of numerous earnings and important data releases at the end of the month.

Binance has confirmed support for Ethereum Classic’s upcoming upgrade. The exchange will temporarily halt ETC deposits & withdrawals on Feb 4. ETC traders can continue trading during the network upgrade.

You won't believe how much debt our broke government issued last year. Multiple trillions.

With his moratorium on new LNG export terminals, aging President Joe Biden and his advisers have stumbled on a way to upset both ends of the political spectrum. Domestic energy businesses want to export more, cheap US natural gas to foreign buyers.

The price of Solana is retreating after yesterday’s jump to $106.45. The price of Cardano has been in a bearish consolidation since yesterday.

Did the Federal Reserve jump the gun on the pivot?

WTI Crude Finds Buyers Amid Volatility - January shows potential yearly range. Support at $75 and $68. Key factors: supply, policy changes, and geopolitics. Upside targets at $85-$90.

The Australian Dollar is looking a little softer across the European morning on Wednesday following the latest domestic data overnight.

The last time we reported on the size of the new home market in the United States two months ago, annualized sales fell off sharply in November 2023 before going on to recover in December, though to a level lower than they were in October 2023.

We suspect activity in financial markets will pick up today, with a good deal of economic data on the calendar ahead of the feature event in the form of the Fed policy decision late in the day.

Nasdaq 100 remains strong but cautious. Investors eye dips for opportunities ahead of FOMC. Key support at 16,950; aim for 18,000. Market driven by Nasdaq 7.

Dogecoin price is in retreat for the second day in a row from 0.08306 to 0.07972 level. The price of Shiba Inu yesterday continued its retreat from the previous high the day before.

Find out the one key you need to know to compare the relative strength (or outperformance) and the real difference in the market structure between the S&P 500 and Russell 2000.

Industrial production rose but missed the market consensus while retail sales unexpectedly declined. Weaker-than-expected monthly data suggests any rebound in 4Q GDP should be modest.

AUD/USD consolidates, eyeing FOMC outcome. Market hovers near 0.65, with key resistance at 50-day EMA and 0.67 level.

Indian share markets are trading on a positive note with the Sensex up 131 points and Nifty trading 51 points higher.

Later today, we get the always highly anticipated event risk in the form of the latest Fed policy decision.

Traders are advised to closely monitor the market, particularly the invalidation level at 97.938.