AUD/USD Hits Six-Month High Amid RBA Rate Hike Speculations

Markets Some segments of the US yield curve disinverted in the wake of the Trump shooting. The presidential candidate’s odds to win the November election have increased as a result. His pro-business (for the US at least) agenda is seen as a boost to the economy as well as increasing already large fiscal deficits. Ex-POTUS […]

Nasdaq-100 broke resistance level 16000.00 Likely to rise to resistance level 16500.00 Nasdaq-100 index recently under the bullish pressure after the price broke above the round resistance level 16000.00, which stopped the weekly uptrend earlier this year, as can be seen below. The breakout of the resistance level 16000.00 accelerated the active intermediate impulse wave […]

Pound gains as BoE seen cutting rates late Economy improves but inflation may further slow A Labor victory could make the BoE’s job easier As rate cuts come forward, pound may weaken Sticky core inflation weighs on rate cut bets We are nearly halfway through 2024 and the pound is holding the first place among […]