A UK Technical Recession Confirmed: GDP Falls 0.3% In Q4
According to the UK Office for National Statistics, real gross domestic product is estimated to have fallen by 0.3% in the three months to December 2023, compared with the three months to September 2023.
Elliott Wave Technical Analysis Day Chart: Australian Dollar/U.S. Dollar - Thursday, Feb. 15
Traders are advised to closely monitor the market, particularly the specified invalidation level at 0.62707, for potential shifts in market dynamics.
Elliott Wave Technical Analysis 4 Hour Chart: Australian Dollar/U.S. Dollar - Thursday, Feb. 15
The AUDUSD Elliott Wave analysis suggests the presence of a corrective phase (wave 2) characterized by an ending diagonal pattern (wave C of 2).
Indonesia’s Trade Surplus Slips As Exports Contract More Than Anticipated
January trade numbers showed exports falling more than expected, leading to a much smaller trade surplus
Market Briefing For Thursday, February 15
Then S&P regrouped to rally more, with a Close nailed 5000, hourly support became resistance and we'll surmount that on Thursday 'if' there's no shock before the opening related to the Russian response to what it perceives as NATO provoking it.
Don't Overlook These Top-Rated Auto Stocks After Earnings
The auto sector tends to have promising companies with strong growth narratives due to their essentiality
Unlocking Fortunes: Navigating The Bond Market Crash For Prosperity
One of the most intriguing phenomena in these financial markets is the bond market crash. But what exactly does the term “Bond Market Crash” entail?
AUD/JPY Loses Traction Below 97.50 Amid The Weaker Australian Employment Data
The AUD/JPY cross loses momentum during the early European trading hours on Thursday. The downtick of the cross is supported by surprisingly weak Australian January employment data. AUD/JPY currently trades around 97.43, down 0.33% on the day.
Japan Slips Into Recession, Loses Third-Biggest Economy Status To Germany
Japan has unexpectedly slipped into a recession, with its gross domestic product (GDP) contracting by 0.4% in the last quarter of 2023, following a 3.3% slump in the previous quarter
Metals Report For Wednesday, February 14
In this video, Ira Epstein reviews the day's trading in the gold and other relevant metal markets
Elliott Wave Technical Analysis: BTCUSD - Thursday, February 14
Wave II correction appears to be over at the 81.485 level and the price is likely to be bullish again. We are looking at a five-wave increase to support this idea.
Q4 Results Paint A Positive Earnings Picture
Total Q4 earnings for the 369 S&P 500 members that have reported results are up +5.8% from the same period last year on +3.6% higher revenues, with 79.1% beating EPS estimates and 64.8% beating revenue estimates
Boeing Plane Deliveries Fall 29% In January Amid Max Jet Crisis
Boeing's plane deliveries tumbled 29% in January - compared to the previous month, driven primarily by seasonal trends and fallout from a near-mid-air disaster of a fuselage panel that ripped off one of its 737 Max 9s
Japan: 4Q23 GDP Unexpectedly Contracted For A Second Quarter
Disappointingly, the Japanese economy has fallen back into a technical recession on the back of weak domestic demand. The Bank of Japan (BoJ) will likely now become even more cautious about any policy change
Markets Kiss & Make Up For Valentine's Day
As we saw during today’s pre-market activity, investors were in a mood to kiss and make up from their stormy session yesterday — the worst of the year among all major indices
Gold May See Larger Degree Correction
Gold (XAUUSD) cyclc from 12.28.2023 high is in progress as a double three Elliott Wave structure. Down from 12.28.2023 high, wave W ended at 2001.6 and rally in wave X ended at 2065.6
SPDR ETF Report For Wednesday, February 14
In this video, Ira Epstein reviews the day's trading in various SPDR-ETF markets for the trading day just ended, Wednesday, February 14
USD/CAD Moves Sideways After Recent Losses, Clings To 1.3540
USD/CAD makes an effort to recover its recent declines observed in the previous session, spurred by a muted US Dollar (USD) possibly due to decreased US bond yields
EURUSD Stuck In Downtrend: Will It Break Lower Or Consolidate?
EURUSD remains trapped beneath a bearish technical picture, raising concerns about further declines. Let’s analyze the key levels and potential scenarios based on current technicals
Output Gap Measures
Are we at full employment? In this article, lets take a look at some estimates