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Friday, November 29, 2024

European Markets Wrap-Up: Nasdaq Technical Analysis - The bullish bias remains intact

Nasdaq Technical Analysis - The bullish bias remains intact

Fundamental Overview The Nasdaq is slowly crawling back to the all-time high. The market continues to look forward to the next year with Trump's policies being a positive driver for gr... 

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BOE governor Bailey: We are very supportive of growth

There is no trade off between financial stability and growth Stress testing will help with competitiveness of financial sector Not seeing signs of higher corporate distress in relation to the budget H... 

S&P 500 Technical Analysis - Record highs back in sight

Fundamental Overview The S&P 500 is slowly crawling back to the all-time high. The market continues to look forward to the next year with Trump's policies being a positive driver f... 

Italy November preliminary CPI +1.4% vs +1.4% y/y expected

Prior +0.9% HICP +1.6% vs +1.5% y/y expected Prior +1.0% The nudge higher owes to base effects, similar to the rest of the euro area. However, core annual inflation is also seen marginally higher on t... 

Eurozone November preliminary CPI +2.3% vs +2.3% y/y expected

Prior +2.0% Core CPI +2.7% vs +2.8% y/y expected Prior +2.7% The headline estimate may have nudged higher in November, largely due to base effects, but the core estimate remains steady at 2.7%. If any... 

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Latest Forex Orders

FX option expiries for 29 November 10am New York cut

The expiries board doesn't contain too much on the day, with it still coinciding with the Thanksgiving holiday period. US markets will be open but it is likely that liquidity conditions will remain th... 

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