Week Ahead in FX (Nov. 11 – 15): U.S. Inflation And Global Jobs Data To Take Center Stage

Buckle up for another action-packed trading week, forex friends! This week’s top-tier data include U.S. inflation reports, labor market from the U.K. and Australia, and China’s data dump that could shake up market sentiment. But before all that, make sure you’re updated on the global intermarket moves and major FX themes that pushed the major financial assets around…

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Australian October business confidence 5 vs. prior -2

National Australia Bank monthly survey of business, for October 2024 Business Confidence +5, highest in nearly two years Business Conditions +7 — Some of the sub indexes: sales +1 to +13 (a strong reading) profitability steady at +5 employment intentions -2 to +3 growth in input costs slowing to 0.9% q/q, from 1.3% in September growth in product prices…

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How to Trade Ripple (XRP) – A Detailed Guide

2024.11.11 2024.11.11 How to Trade Ripple (XRP) Michael Hypovhttps://www.litefinance.org/blog/authors/mikhail-hypov/ This article provides a detailed analysis of Ripple and the XRP token. The Ripple network is one of the oldest in the cryptocurrency market, and the coin of this network is the most unusual in the TOP 10 in terms of capitalization. The Ripple development team is actively improving the…

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Goldman Sachs: 3 reasons why GBP set to continue outperforming on crosses

EURGBP weekly chart Goldman Sachs sees scope for continued GBP outperformance on the crosses, supported by a strong global risk environment, the BoE’s gradual rate-cut approach, and a favorable UK growth outlook relative to Europe. These factors, combined with resilience to geopolitical risks, suggest GBP strength particularly against EUR. Key Points: Global Risk and Positive Beta: GBP’s positive beta…

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Dow Jones lurches another 300 points higher on Monday

The Dow Jones is set to close north of 44,000 for the first time ever as bulls continue to run. Equity markets have tilted fully into the buy side after Trump’s decisive election win. US CPI inflation print due in the mid-0week as markets eye more Fed rate cuts. The Dow Jones Industrial Average (DJIA) lurched another 300-plus points…

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Plug Power (PLUG) Stock Price Forecast & Predictions for 2024, 2025, 2026-2030 and Beyond

2024.11.11 2024.11.11 Plug Power Stock Forecast for 2024, 2025-2026, and beyond Jana Kanehttps://www.litefinance.org/blog/authors/jana-kane/ Plug Power Inc. is one of the leading players in the renewable energy sector that has been developing hydrogen technologies since 1997. The company specializes in hydrogen fuel cell systems that replace traditional batteries in electric vehicles, power plants, and industrial solutions. Today, the company is…

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Gold futures is playing with fire with this key support 🧐

Gold futures warning: bull flag breakdown points to further downside risk for GC traders 📉 Gold futures (GC) have recently broken out of a significant bull flag formation, and after a strong rally, prices have now pulled back, raising concerns among traders and investors. Let’s dive into the details and what it means for those holding or trading gold….

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