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This week, inflation came in below expectations in the euro area and the US. In the euro area, headline inflation fell much more than expected to 2.4% y/y (consensus: 2.7% y/y) in November from 2.9% in October. The decline was broad-based as core inflation ticked down to 3.6% from 4.2%. Remarkably, the monthly change in […]

The post Weekly Focus – Disinflation Continues appeared first on Action Forex.

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23/07/2024

FTSE 100 Consolidates, S&P 500 Faces Critical Test, Earnings Ahead

The FTSE 100 is currently consolidating, trading within a range, with the possibility of a significant breakout. Glencore and Anglo American experiencing declines while Compass reports strong revenue growth. The S&P 500 faces a critical resistance level that could shift market momentum, with Alphabet and Tesla’s earnings reports expected to influence investor sentiment. FTSE 100 […]
05/01/2024

S&P 500 Index Wave Analysis

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02/07/2024

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