The major US indices are closing higher for the 4th consecutive week today, the gains were led by the NASDAQ index which rose over 2%. All 11 sectors of the S&P index rose. A look at the final...
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US import prices developed weaker than expected in July
US import prices developed weaker than expected in July. Compared to the previous month of June, a decline of 1.4 percent was recorded. A minus of 1.0 percent was expected, after a revised increase...
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Apple has instructed its partner companies to increase production plans for iPhone production again
According to media reports, Apple has instructed its partner companies to increase production plans for iPhone production again. According to a Bloomberg report, Apple plans to produce 90 million of its latest iPhone 13...
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After slight price losses on Thursday, the US stock exchanges should start trading a little firmer on Friday
US exchangesAfter slight price losses on Thursday, the US stock exchanges should start trading a little firmer on Friday, as the pre-market indications show. In the past few days, weaker-than-expected inflation data (consumer prices...
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Record profits at France’s corporations
Although France’s listed companies are not immune to crises, the most recent reporting season went much better than analysts had expected. The companies listed in the CAC 40 generated more than 70 billion euros...
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AUD/USD Forecast: Aussie Rallies After Cool CPI Figure
The AUD/USD currency pair rallied significantly on Wednesday as the CPI number came out much cooler than anticipated. Because of this, the idea is that the Federal Reserve can start to pivot a bit, but it’s...
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A bit of a rethink before the weekend?
After the US CPI data showed signs of inflation pressures easing slightly, it seemed quite straightforward that market players went with selling the dollar as yields dropped and risk trades rallied. But the bond...
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GBP/USD Forecast: British Pound Shoots Straight Up
The GBP/USD currency pair rallied rather significantly on Wednesday as the CPI number in the United States came out lower than anticipated. Because of this, some traders are banking on the idea that the Federal Reserve...
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NASDAQ 100 Forecast: Index Rallies on Slowing Inflation
The Wall Street narrative on Wednesday suggests that even though inflation numbers are higher, it’s possible that the Federal Reserve may have to pivot. I don’t subscribe to this theory, at least not yet, as...
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AUD/USD Forex Signal: New Falling Price Channel
Short Trade Ideas Short entry following a bearish price action reversal on the H1 time frame immediately upon the next touch of 0.6999 or 0.7063. Put the stop loss 1 pip above the local...
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