The bull case: why this could be a healthy pullback Start with the numbers, which are less alarming than the headlines might suggest: the S&P 500 sits only about 2.4% below its 52-week high of 7844.52, and it is still up 1.43% over one month and 1.67% over three. If this is a crash, it’s
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Gold remains supported as real yields fall amid growth concerns. What to watch next? !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
TL;DR: A November BoE hike is 93.2% priced, but economists are far less convinced about what follows—with this week’s UK wages and September CPI data set to decide whether December tightening gets closer to certainty, just as GBP/USD tests the key 1.3341 Fibonacci resistance. Why This Matters Financial markets are preparing for a Bank of
European stocks are seen opening lower on Monday as mass protests in France spiraled into riots, compounding an already elevated fiscal risk premium. Source link
The TAIEX, Taiwan’s benchmark stock index, fell 654 points, or 1.4%, to 46,457 around midday on Monday, reversing gains from the previous session and hitting its lowest level since September 17. The downturn mirrored losses across other Asian markets, after a weak Wall Street session driven by a tech sell-off and concerns over AI-related investment.
investingLive Asia-Pacific market news: China beats, the euro wobbles and oil dips !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
TL;DR: EUR/CAD gapped sharply lower at the weekly open, falling from 1.6269 to as low as 1.5777, as violent weekend unrest in France compounded an already elevated fiscal risk premium while Canadian Dollar held onto support from Friday’s oil surge—with Tuesday’s French budget vote and Friday’s Moody’s review now the key tests of whether the
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The Japanese stock market is sharply lower on Monday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street on Friday. The Nikkei 225 is falling below the 64,450 level, with weakness across most sectors led by index heavyweights and technology stocks. Source link
More BoJ’s Ueda names two factors for bond market action, keeps JGB taper plan unchanged !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
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China is scheduled to release a raft of data on Monday, highlighting a busy day for Asia-Pacific economic activity. On tap are Q3 figures for gross domestic product and September numbers for industrial production, retail sales, fixed asset investment, house prices and unemployment. Source link
EUR update, France riots: 2,400 arrested as cost-of-living protests turn to looting and arson !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} Source link
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Friday’s selloff in AI and chip stocks looked alarming, but the S&P 500 E-mini futures (ES) are telling a somewhat less frightening story. Following the October 16 close, my four-hour technical analysis still shows a decline within a broader trading range, rather than a confirmed major bearish trend reversal. The next important test is around
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