Elliott Wave Intraday Analysis Looking for USDCHF to Correct in Wave 2

The dollar index is trading within a narrow range for the second consecutive day, as traders await release of the US inflation report for March, which is expected to provide more hints on the Fed’s policy outlook. Widely expected start of cutting rates in June, as well as the pace and size of rate cuts, […]

The Government’s first Budget Policy Statement confirms that Budget 2024 will unveil a markedly weaker fiscal outlook and a further increase in the government’s borrowing requirement. Today the new coalition Government released its first Budget Policy Statement (BPS). As expected, the BPS set out the Government’s priorities, an update on the economic outlook and its […]

Chinese stock markets sink to lowest levels in five years Real estate crisis and other problems haunt investors Valuations are cheap, but more is needed for lasting recovery Chinese equities implode It’s been a tough few years for Chinese stock markets. Shares in mainland China have fallen to their lowest levels since 2019 as investors […]