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The People’s Bank of China (PBOC) has reaffirmed its commitment to prudently internationalize the yuan and liberalize the financial market, as stated on Thursday. The central bank is set to increase the use of the yuan in global transactions, a move that supports global investors’ asset allocation and encourages more overseas central banks to issue

Share: One of the things famed investor Warren Buffett looks for in a company is an “economic moat,” a term he popularized long ago that essentially refers to a nearly impenetrable competitive advantage. In other words, with a moat around your business, you are protected from competition; thus, you are able to maintain

In the ever-evolving world of financial markets, traders are constantly on the lookout for tools and indicators that can provide them with a competitive edge. One such tool that has gained popularity among traders is the Market Profile MT5 Indicator. In this article, we will delve deep into the world of Market Profile, understanding what

Share: Stock market analysis and trading strategies: NASDAQ, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Meta Platforms, Netflix (NFLX), Alphabet GOOGL Stock Market Summary: The current move up in Indices and stocks is now in its later stages Wave iii) of A that can top late Monday, but more likely Tuesday. Look

Equities and crypto were big winners this week as traders navigated between fresh business sentiment surveys,  geopolitics and central bank statements, and found plenty of reasons to lean bullish on risk.  Ready to do a quick review to stay in flow with the market environment? If so, let’s check out the major headlines first!

UPCOMING EVENTS: Monday: BoJ Meeting Minutes. Tuesday: Japan Wage data, Chinese Trade data, RBA Policy Decision, Switzerland Unemployment Rate, Eurozone PPI. Wednesday: Eurozone Retail Sales, BoC Summary of Deliberations. Thursday: BoJ Summary of Opinions, Chinese Inflation data, US Jobless Claims, New Zealand Manufacturing PMI. Friday: UK GPD Q3 Preliminary, University of Michigan Consumer Sentiment. Tuesday

ECB’s Vujcic (neutral – voter) confirmed that the tightening cycle has ended, and the ECB will now hold rates steady for as long as necessary to get back to their 2% inflation target: We have finished with the process of raising interest rates for now. At this moment we see that inflation is falling, we

Share: The DXY sank towards 105.05, its lowest level since mid-September. US government bond yields are retreating, also standing at lows since September. Job creation decelerated in October in the US as well as Hourly Earnings, while the Unemployment Rate increased. The US Dollar (USD) witnessed a significant drop on Friday, with the US

Share: The Canadian Dollar is bounding higher, extending weekly gains. Canada Unemployment Rate missed forecasts, hampering CAD upside. CAD gains 17.5K jobs, entirely part-time employment; wage growth also lower. The Canadian Dollar (CAD) is seeing further upside against the US Dollar (USD) after a US Nonfarm Payrolls (NFP) report that came in below

This week there have been some big shifts on the market’s thinking around the path of Fed policy. Given the market moves, it’s no surprise that’s in a dovish direction. At the start of the week, the Fed funds futures market was pricing in 74 bps of rate cuts by the end of 2024. That’s