Tag: Economic trends

Eco Data Update: December 25, 2024 - Action ForexOn Christmas Day, a significant development in the economic landscape has emerged with the release of the Corporate Service Price Index for Japan. The...

Eurozone Sees Increase in Goods Exports and Imports in OctoberIn a positive turn of events for the Eurozone economy, new data has revealed that goods exports and imports both experienced a year-over-year increase in...

US Inflation Outlook: Markets Weekly ForecastThe past week in the financial markets has been a whirlwind of activity, with key indicators pointing towards a December rate cut in the US. As markets eagerly await...

The USDJPY pair experienced a significant drop to a six-week low on Friday, driven by increased expectations of a Bank of Japan rate hike following a higher than expected inflation rise in Tokyo for...

The Japan Flash PMIs for October have been released, with the manufacturing sector at 49.0 and the services sector at 49.3. These numbers indicate a contraction in both sectors, as any reading below 50...

Lately, the global stock markets have been all over the place, and it’s making investors super nervous. In the U.S., people are worried about a possible recession, and that’s causing some serious panic in...

Silver prices have been showing signs of bottoming out after a slow period of decline over the last three months. Analysts have detected a three-wave A-B-C pattern on the 4-hour time frame, suggesting a...

Consumer sentiment surveys have recently revealed that despite the economy's strength, many individuals are not feeling that same level of strength in their personal financial situations. The Conference Board’s Consumer Confidence Index and the...

In my previous article, I discussed the breakout of the iShares Silver Trust ETF (SLV) and anticipated higher prices based on technical analysis. Since then, SLV prices surged to nearly $30 but then pulled...