Image Source: Pexels Turkey’s December inflation numbers came out better than expected, implying an improvement in the underlying trend.Turkey’s monthly inflation figure has come out at 1.0%. That’s below the consensus call of 1.6% and our 1.4% call. Annual inflation in
January 3, 2025
Brent in slight technical pullback after breaching $76 and 100-day SMA Brent still up 1.4% so far in 2025 US crude inventories fell for 6th straight week Sustained oil gains require drastic recovery in global demand, especially China Oil’s mixed outlook: Money
Ethereum price started a fresh recovery wave above the $3,400 zone. ETH is consolidating and aims for a fresh increase above the $3,500 resistance. Ethereum started a decent recovery wave above the $3,450 zone. The price is trading above $3,420
Image Source: Pexels The Dow Jones index (US30) was down 0.36% at Thursday’s close. The S&P500 Index (US500) decreased by 0.22%. The Nasdaq Technology Index (US100) fell by 0.17%. The weakness in mega-cap stocks of Tesla and Apple has impacted the
EUR/USD finds temporary support in Friday’s European session after diving to near 1.0220 on Thursday, the lowest level seen in over two years. Market experts see the major currency pair falling further to parity on Federal Reserve (Fed) – European Central Bank’s (ECB)
Image Source: Unsplash The average of S&P 500 for Dec-2024 was 6,011, (34% up from the Jul-2023 average of 4,497 when forward returns for stocks “looked reasonably good” according to this analysis). The S&P 500 is now 2,135 points higher
Asian equities showed signs of bucking the dour mood on Wall Street that dragged US stocks lower for a fifth day.Wall Street’s main indexes rose in the first trading session of 2025 as investors pinned their hopes on a fresh
During the early hours on Thursday, we’ve seen gold climb pretty nicely to break above the 50 day EMA, and it now looks like we may continue the overall consolidation. While I’m not wildly bullish on gold, it is worth
Image source: Pixabay USD/CAD edges lower as the commodity-linked CAD receives support from improved Oil prices. WTI price extends its gains due to optimism surrounding the policy support to revive economic growth worldwide. The US Dollar Index reached a fresh
Image Source: Pixabay EUR/JPY stays in tight range below 162.00, with investors focusing on the flash German and Eurozone HICP data for December. The ECB is almost certain to cuts its Deposit Facility rate by 25 bps in the policy
