CURRENCIES: Unemployment Claims: Thursday morning brings the release of unemployment claims. Revisions higher in recent reports suggest a potential economic downturn. A significant miss could trigger a market rally, similar to the reaction to the last GDP report. STOCK MARKET: …
CURRENCIES: Market Overview – Dec 3, 2023: Volatility surged across various assets last week, leading to significant breakouts and breakdowns. U.S. Treasury yields experienced a notable decline, with the 2-year yield dropping below its 200-day simple moving average to its …
Forex Market Analysis 1 December 2023 CURRENCIES: Market Developments: U.S. Treasury yields rebounded following comments by San Francisco Federal Reserve President Mary Daly, emphasizing that declaring victory against inflation is premature. Policymakers are not considering reducing borrowing costs at this …
30 November 2023 Forex Market Analysis CURRENCIES: OPEC+ Meeting and Quota Concerns Meeting Details: OPEC+ set to convene on Thursday for production policy decisions. Virtual meeting postponed, marked by internal discontent. Key Focus on OPEC Subset: Attention on OPEC subset …
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