Daily Broad Market Recap – October 31, 2024
Profit-taking was the name of the game on Thursday, as traders braced for top-tier U.S. data releases, the U.S. elections, and the end of a trading month.
Read MoreProfit-taking was the name of the game on Thursday, as traders braced for top-tier U.S. data releases, the U.S. elections, and the end of a trading month.
Read MoreEvidence of moderating inflation, strong consumer prospects, and better-than-expected weekly initial jobless claims data supported USD demand during the U.S. session.
Read MoreThe Bank of Japan kept rates unchanged at 0.25% but surprised markets with a more hawkish tone, suggesting increased confidence in the economic outlook.
Read MoreUncle Sam is about to drop its October labor market numbers! Will the results inspire repricings of interest rate cut expectations for the Fed?
Read MoreIt was another volatile day in the financial markets, as currencies and asset classes dealt with a handful of top-tier catalysts. Check out the latest headlines driving price action!
Read MoreAustralia’s inflation may have cooled in Q3, but components of the report point to an extended period of tight monetary policies. What’s up with that?!
Read MoreIs there a chance the Bank of Japan (BOJ) can sound more upbeat in this week’s policy statement? Check out these potential breakouts setups I’m watching on NZD/JPY and CHF/JPY!
Read MoreMarket correlations appeared to be out of sync in the latest trading sessions, as crude oil had its own thing going while U.S. equities reacted to earnings data.
Read MoreWill the BOJ sit on its hands for yet another meeting? Here’s what markets are expecting for the upcoming central bank announcement!
Read MoreWill the upcoming Australian CPI release reinforce the RBA’s monetary policy stance? Or will the inflation numbers convince policymakers to change their bias in their next meeting?
Read MoreThe great pleasure in life is doing what people say you cannot do.Walter Bagehot