Fundamental Analysis

Equities Soar on Surprise Dip in US Inflation

Equities surged on Tuesday as US inflation data for October came in lower than expected. The data sparked investor confidence at the end of an era of interest rate hikes and the possibility of imminent reductions in borrowing costs.  US inflation (Source: Bureau of Labor Statistics) Data revealed that US consumer prices remained steady in Read More…

Technical Analysis

Crude Oil Futures (CL) Technical Analysis: A Short-Term View

Key Price Levels to Watch: Technical Indicators Overview: Fibonacci Retracements: Potential Market Scenarios: Conclusion As we wrap up our technical analysis of Crude Oil Futures, it’s clear that the market is at a crossroads, with key levels at $74.91, $95.03, and $68.07, offering guidance on potential future movements. Remember, the true skill in futures trading Read More…

Fundamental Analysis

Equities Slip as Investors Await Pivotal Inflation Reading

On Monday, US equities closed slightly lower as investors anxiously awaited a crucial inflation reading that could influence the duration of high interest rates by the US Federal Reserve. Following a strong rally on Friday, attention shifted on Monday to the Consumer Price Index (CPI) data scheduled for release on Tuesday morning.  US CPI (Source: Read More…

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Fundamental Analysis

Currency Futures Mixed as Investors Assess Powell’s Remarks

Currency futures closed Friday mixed as investors assessed remarks from Fed Chair Jerome Powell. The euro fell, while the yen weakened against the dollar. Powell indicated the possibility of another rate hike if inflation persists above the target. The yen held near a one-year low against the dollar, and investors remained cautious about a potential Read More…