Logo-color Logo-white

As the chart shows, the Nasdaq 100 index (US Tech 100 mini on FXOpen) gained around 6% in October, supported by several key factors: → The meeting between US President Donald Trump and Chinese leader Xi Jinping, which helped ease tensions in trade relations between the world’s two largest economies. → A 0.25% rate cut […]

The post Nasdaq 100 Analysis: Early November Movements Raise Concerns appeared first on Action Forex.

previous

Crypto on the Verge of Bear Market

next

Euro Holds on by a Thread

Read More

14/12/2024

Weekly Economic & Financial Commentary: Sticky Inflation, Sticky Wicket for the Fed

Summary United States: Sticky Inflation, Sticky Wicket for the Fed Price data this week showed that inflation remains stubbornly above the FOMC’s target. Overall inflation has trended sideways in recent months, and while we do not expect this week’s data to prevent the Fed from cutting another 25 bps next week, it will likely contribute […]
28/08/2024

For Yields and Dollar Some Further Consolidation on the Cards

Markets Core interest rate markets yesterday tried to further build on a tentative pause/bottoming out process that started on Monday. With 100 bps Fed cuts discounted for this year and another 125 bps of reduction priced in for next year, markets for now apparently feel themselves as trading in line even with the new Fed […]
14/08/2024

RBNZ August 2024 MPS Review: Ready… Steady… Go!

The RBNZ cut the OCR to 5.25% at its August policy meeting by unanimous decision. We think the RBNZ only seriously considered the option of cutting the OCR by 25bps at this point. The Governor noted that there are further meetings this year where further adjustments can be made. The revised projections lowered the OCR […]