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Markets After the Fed’s most clear pivot towards imminent rate cuts yesterday, the Bank of England thought it could do even better. It cut the policy rate by 25 bps to 5% in a 5-4 split vote. For “some” in the group of 5 it was a finely balanced decision – similar to what was […]

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16/01/2024

Brent Crude Oil Experiences Upward Trend

Brent prices have been rising for three consecutive days as of this Monday. The price of a Brent barrel has climbed to 79.00 USD, and there are underlying reasons for this surge. The focal point of attention is the unfolding events in the Red Sea, where the situation is challenging. This holds significant importance for […]
13/06/2024

NASDAQ 100 Wave Analysis

NASDAQ 100 reversed from support level 19000.000 Likely to rise to resistance 20000.00 NASDAQ 100 Index recently reversed up from the support level 19000.000 (former resistance from the middle of May, acting as the support after it was broken previously). The upward reversal from the support level 19000.000 continues the active short-term impulse wave 3 […]
18/12/2023

Last Lap to Christmas

In focus today Christmas week is rather light in terms of data releases. Today, we get the latest signals from the German economy in the form of the Ifo index. Consensus is looking for a slight improvement in business climate in December but risks remain to the downside particularly as the flash PMIs confirmed on […]