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Monday, August 19, 2024

European Markets Wrap-Up | Fed's Kashkari: It is appropriate to have debate on whether to cut rates in September

Fed's Kashkari: It is appropriate to have debate on whether to cut rates in September

Balance of risks have shifted more towards labour market and away from inflation Inflation is making progress But labour market is showing some concerning signs He's reiterating what we already have c... 

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S&P 500 Technical Analysis – We reached a key level

Fundamental Overview The S&P 500 finally erased the entire drop from the last ISM Manufacturing PMI as the market faded the "growth scare". The first catalyst was the good US Jobless Claims on the... 

It's a slower start to the new week so far

The thing about this week is that there won't be as much key risk events on the calendar as last week. And that means market players will not have too much to work with for the time being. Fedspeak is... 

Nasdaq Technical Analysis – We have erased the growth scare

Fundamental Overview The Nasdaq finally erased the entire drop from the last ISM Manufacturing PMI as the market faded the "growth scare". The first catalyst was the good US Jobless Claims on the 8 th... 

Quasimodo Pattern: Advanced Price Action Trading Strategy

The Quasimodo pattern is an established formation that some price action traders favour over 'traditional' support and resistance methods. Although the pattern's origin is unknown, some believe it dra... 

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FX option expiries for 19 August 10am New York cut

There is just one to take note of on the day, as highlighted in bold . That being for AUD/USD at the 0.6675 level. It isn't one that is technically significant but it could anchor gains for a bit befo... 

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