US inflation data may provide insight into the trajectory of the Fed’s upcoming interest rate hikes. 69% of the S&P 500 companies that have released results thus far have surpassed profit projections. India announced that it aims to triple its annual defense exports to $5 billion by 2024/25. US equities closed substantially higher on Monday Read More…
The RBA authorized a ninth straight rate increase of 25bps. Investors rushed to buy dollars at the expense of emerging market assets after the US jobs report. Markets expect the Fed’s target rate to increase to above 5.1%. Equity markets corrected higher after suffering significant losses over the previous 24 hours. The US dollar stayed Read More…
Inverse head and shoulders give a tremendous guide for possible future price action. How traders can capitalize on the potential uptrend on shorter time frames. Inverse head & shoulders on the daily A significant head & shoulders pattern has been spotted on the daily chart. There are two possible necklines that I have drawn onto Read More…
Investors expect the Fed to increase interest rates by 25 basis points. This week will also see the release of highly anticipated US employment figures. China’s economic activity resumed expanding in January. Equities inched lower on Tuesday as investors readied themselves for a busy week featuring central bank meetings, a flurry of corporate announcements, and Read More…
Investors are nearly convinced that the Federal Reserve will deliver a modest interest rate increase next week. Money market traders believe the Fed will only raise interest rates twice this year. Analysts predict that the overall S&P 500 fourth-quarter earnings will decline by 3% yearly. Equities held onto their gains on Tuesday after rallying the Read More…
Bulls have taken control as RTY breaks through the year-long trend line. Analyzing the DMI indicator and how it can help our decision-making. Potential pullback entries that can be taken on the 4 hourly chart. Bulls Supreme RTY futures have soared out of the year-long downtrend line that has kept the bearish momentum in most Read More…
