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Markets
The SP500 is almost at $6060. What’s next?
Using the Elliott Wave (EW) for the SP500 (SPX), we found three weeks ago that
“if the index can stay at least above SPX5880, and especially last week’s low…
Mexican Peso rises on weak US Dollar, ignores strong US data
Mexican Peso gains 0.25%, buoyed by strong employment figures and general USD weakness.
Despite positive US JOLTs data, Banxico's willingness for bigger…
Pound Sterling Price News and Forecast: GBP/USD stalls below 1.2700 amid dismal UK retail sales
The Pound Sterling climbed modestly against the US Dollar on Tuesday, yet it failed to decisively clear the 1.2700 figure for the third consecutive trading…
Sovereign investment dispute resolution is broken
Jay Newman was a senior portfolio manager at Elliott Management. Thomas Eymond-Laritaz is the founder and CEO of Highgate, a strategic advisory company.Gunboat diplomacy is out of…
EUR/USD Price Analysis: Pair stabilizes around 1.0500
The EUR/USD found support around 1.0500 after falling by more than 1% to open the week.
Buyers should focus on recovering the 20-day SMA.
The are still no…
Dow Jones Industrial Average cools off as record rally takes a pause
The Dow Jones eased down around 200 points on Tuesday.
Despite an upbeat JOLTS print, equities have eased off their recent rally.
A packed data docket…
Gold declines after release of higher-than-expected US JOLTS Job Openings
Gold falls after the release of higher-than-expected job openings data from the US
The precious metal had been rising after Fed speakers indicated they…
Petrobras must be ‘as big as possible’, says chief of Brazilian oil major
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Petrobras needs to be “as big as possible” to guarantee…
Breaking: US JOLTS Job Openings rise to 7.74 million in October vs. 7.48 million forecast
The number of job openings on the last business day of October stood at 7.74 million, the US Bureau of Labor Statistics (BLS) reported in the Job Openings and…
Are investment trusts still relevant?
My first City job was at Grenfell & Colegrave stockbrokers in the mid-1980s. Nobody seemed to be using the early IBM computer, so I had fun typing the green characters of C++…