Daily Market Outlook, July 11, 2024Munnelly’s Macro Minute…“Global Markets Buoyant Ahead Of US Inflation Data ”Ahead of the expected US consumer pricing data on Thursday, Asian stocks saw an increase,...
Gold Poised For Breakout If US CPI Undershoots
Gold Range Continues For NowIt’s been a frustrating few months for gold traders, with the market lacking volatility and price simply rotating within a narrow range. However, we could be on the brink...
Copper Softens on China Inflation Decline
Weak China DataFollowing a promising rebound off the 4.300 level over the last week, copper prices are cooling a little here with the futures market slipping back below the 4.5785 level on Wednesday. ...
Daily Market Outlook, July 10, 2024
Daily Market Outlook, July 10, 2024Munnelly’s Macro Minute…“Markets Hit Record Highs As Fed Chair Powell Strikes A Dovish Tone”US stocks hit new highs, leading to volatile swings in Asian markets as...
BCOUSD H4 | Bullish Bounce
TitleBCOUSD H4 | Bullish BounceTypeBullish BouncePreference:Price is falling toward the pivot of 83.26, a pullback support close to 38,2% Fibo retracement. A bounce from this level could lead the...
Gold Traders Brace For Powell
Powell on WatchGold prices are hovering near the foot of yesterday’s sell-off ahead of keenly anticipated comments from Fed chairman Powell later today. The Fed chief kicks off his two-day...
Crude Comes Under Heavy Selling Pressure
Hurricane Fears RecedingCrude prices remain under pressure across early European trading on Tuesday with crude futures continuing to pull away from last week’s highs. The main driver behind the move...
Daily Market Outlook, July 9, 2024
Daily Market Outlook, July 9, 2024Munnelly’s Macro Minute…“FED Chair Powell Testimony The Macro Catalyst For The Day”Japanese stocks, particularly semiconductor-related shares, led gains in Asia...
Daily Market Outlook, July 4, 2024
Daily Market Outlook, July 4, 2024Munnelly’s Macro Minute…“US Holidays Leaves UK Politics Center Stage Today”Asian equities rose as economic data reinforced the Federal Reserve's case for...
Cookie Policy: The Tickmill website uses cookies. By continuing browsing the page you automatically agree to our use of cookies. For more information on our cookie usage, on how to change cookies and their settings see our Cookies Policy.