Weaker than expected consumer confidence and JOLTS numbers helped diminish Fed rate hike risks which in turn underpinned strong gains in Treasuries, Wall Street & the Asian stock market today as the markets clawed back some of the hefty losses in August also on speculation that the Fed is nearing the end of the tightening
The stock market, while an integral part of global finance, isn’t immune to manipulation. Many times, retail investors, or everyday individuals investing personal capital, find themselves at a disadvantage when matched against bigger institutional players. This article sheds light on how market manipulation occurs and why private individuals often bear the brunt of these tactics.
© Reuters. A man walks in front the Central Bank headquarters building in Brasilia, Brazil March 22, 2022. REUTERS/Adriano Machado By Lisa Pauline Mattackal (Reuters) – Maintaining privacy and increasing understanding of blockchain technology are primary issues to solve before Brazil’s central bank digital currency (CBDC) is ready for widespread use, the central bank’s coordinator
Share: USD/CHF declined for a third consecutive day to 0.87800, below the 20-day SMA of 0.8800. US JOLTs from July came in lower than expected, which fueled a decrease in US bond yields. Hawkish bets on the Fed for November remain high—markets pricing in rate cuts In June 2024. On Tuesday, the USD faced
Treasuries and Wall Street rallied to kick off the last week of the month for what’s been a pretty bearish August. The same stands so far today. Rate hike fears amid a “higher for longer” policy stance, supply concerns, worries over spillover from slowing growth from China, mixed earnings, and fading AI enthusiasm helped knock
China bourses rallied after China announced support for equities markets; Beijing lowered stamp duty on stock traders for the first time the 2008 financial crisis and at the same time pledged to slow the pace of initial public offerings in an effort to boost investor confidence. Fed Chair Powell signalled caution on additional rate hikes.
How I use rectangle pattern trading This post is to show how I use technical analysis tools for rectangle pattern trading. Rectangle pattern breakout indicator is part of this tools. A lot of rectangle trading pattern can be marked with this tools. I also like to mark out rectangle pattern forex on chart. Some of rectangle pattern in trading can
UPCOMING EVENTS: Monday: UK Bank Holiday, Australian Retail Sales. Tuesday: Japan Unemployment Rate, US Consumer Confidence, US Job Openings. Wednesday: Australia CPI, US ADP. Thursday: Japan Retail Sales, Chinese PMIs, ECB Minutes, Eurozone CPI, Eurozone Unemployment Rate, US Jobless Claims, US Core PCE. Friday: Swiss CPI, US NFP, US ISM Manufacturing PMI. Tuesday The US
Monday: The PBoC cut the 1-year LPR rate by less than expected and held the 5-year rate steady: LPR 1-year 3.45% vs. 3.40% expected and 3.55% prior. LPR 5-year 4.20% vs. 4.05% expected and 4.20% prior. PBoC The German July PPI missed expectations: PPI M/M -1.1% vs. -0.2% expected and -0.3% prior. PPI Y/Y -6.0%
US equity markets pulled back strongly yesterday with US30 having its worst day since March, US100 its second worst in August and US500 swinging down $105 from the daily high to the daily low and drawing a big bearish engulfing pattern. The mighty NVDA started trading up 6.50% and ended the day +0.10%; JPN225 leads
