Content
Rates Spark: Key Data Tests To Bullish Sentiment Coming Up
Article By:
ING Economics
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Monday, May 13, 2024 5:53 PM EDT
The U.S. PPI is the first key test for the bullish sentiment that had built-in rates following the dovish Fed and weaker U.S. jobs report.
How Javier Milei’s “Shock Therapy” Is Transforming Argentina’s Economy
Article By:
Frank Holmes
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Monday, May 13, 2024 1:15 PM EDT
Milei’s strategy hinges on two critical pillars: fiscal reform and monetary stabilization.
FTSE A Muted Monday Ahead Of Pivotal Jobs Data Tuesday
Article By:
Patrick Munnelly
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Monday, May 13, 2024 11:49 AM EDT
On Monday, the FTSE 100 in London showed little change as increases in travel and leisure sectors were balanced out by declines in defence stocks.
In this article: EWU
Improvement In Turkey’s Deficit Loses Momentum
Article By:
ING Economics
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Monday, May 13, 2024 11:00 AM EDT
The improvement in the current account deficit in March was attributable to the continuing recovery in the foreign trade deficit.
In this article: TUR
Elliott Wave Technical Analysis: Alibaba Group Holdings Ltd.
Article By:
Peter Mathers
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Monday, May 13, 2024 9:40 AM EDT
In the realm of Elliott Wave analysis, Alibaba Group Holdings Ltd. presents an intriguing setup, with both the daily and 4-hour charts indicating potential corrections amidst an overall impulsive trend.
In this article: BABA
The Commodities Feed: Iraqi Oil Supply Cut Uncertainty
Article By:
ING Economics
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Monday, May 13, 2024 9:00 AM EDT
Oil prices have continued to come under pressure after comments from Iraq raised doubts over a rollover of OPEC+ supply cuts. Meanwhile, LME warehouses saw a record increase in aluminum inventories on Friday.
The Problem With Electric Vehicles
Article By:
Dean Baker
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Monday, May 13, 2024 8:57 AM EDT
For the last quarter century, those of us hoping we could slow global warming were anxious to see a quick conversion to electric vehicles (EVs). If we could get most people using electric vehicles, we could radically reduce greenhouse gas emissions.
British Pound Rebounds Strongly Against US Dollar
Article By:
ForexCycle
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Monday, May 13, 2024 8:36 AM EDT
After testing the key 1.2448 support level, the GBPUSD currency pair staged an impressive rebound, to the 1.2553 area in recent trading sessions. This bounce higher is likely the resumption of the broader uptrend that originated from the 1.2299 low.
Forex Today: US Stock Markets Advance On Earnings Optimism
Article By:
Adam Lemon
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Monday, May 13, 2024 8:19 AM EDT
US stock market indices are advancing bullishly towards their all-time highs, despite the lack of rate cuts. The bullishness is believed to be because S&P 500 companies are reporting higher than expected corporate earnings.
USD/JPY Forecast: One Way Trade
Article By:
Christopher Lewis
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Monday, May 13, 2024 8:11 AM EDT
The shooting star from the Thursday candlestick of course is a very negative turn of events and if we were to break above the top of that shooting star, then it allows the US dollar to go much higher.
Oil Trades Near Last Line Of Support Before Substantial Correction
Article By:
Filip Lagaart
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Monday, May 13, 2024 8:07 AM EDT
Oil prices edge up slightly on Monday, but levels are flashing red lights after closing nearly flat last week. The black gold has been unable to rally on the back of further rising tensions on the situation in the Middle East.
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: WiseTech Global Limited
Article By:
Peter Mathers
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Monday, May 13, 2024 8:02 AM EDT
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.