Stocks Rise on Fed Rate Cut Hopes Barchart
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Markets Today
Thu, May 9th, 2024
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(USDJPY) has been in a roller coaster in the last few weeks due to the Bank of Japan (BOJ) Intervention. In this article, we will look at the short term Elliott Wave path for the currency post the intervention....
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U.S. stocks are drifting higher
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Footsie Is Trading In 5th Wave, as we see it breaking out of wave 4 triangle pattern by Elliott wave theory.
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall...
Tweets @Barchart
where? 😂 https://t.co/maO8l9Qxb6
and the correct answer is: Doubleverify $DV - shout out to @SmplTrd77 for getting it right!
Today's 4 Stock Market Movers: $EPAM $EQIX $APP $CAKE https://t.co/5UwBOnvCMw
The Biden Administration has increased the price they are willing to pay to refill the Strategic Petroleum Reserve. They will now pay up to $79.99/barrel, a $1 increase! https://t.co/ApHa4YgpXK
Options Traders are wagering that the Japanese Yen will weaken back to the 160 level against the U.S. Dollar https://t.co/qEplxhmUra
BREAKING 🚨: Zambia
Zambia's currency has plummeted to an all-time low against the U.S. Dollar https://t.co/e1pbVnOLVt https://t.co/5ssPMYMOC4
The Federal Reserve last moved interest rates 280 days ago, the 2nd longest pause in modern market history. The good news is that the S&P 500 $SPX has generally generated significant returns during pauses including a gain of over 20% during the longest pause in history. https://t.co/3QeypvorvP
Bonds are Dead says Bond King Bill Gross https://t.co/T51RHlCoAR
JUST IN 🚨: Japan's real wages have declined for the 24th consecutive month https://t.co/Qd0qfTNFIp https://t.co/x4NGplpxiP