In the world of finance and investment, rarely does one voice command the attention of investors and policymakers quite like John Paulson. Rising to fame by orchestrating a substantial bet against the housing market during the 2008 financial crisis, Paulson has cemented his reputation as a visionary investor, often prescient in his approach to market
Marumagal
As of September 12, 2024, the European Central Bank (ECB) is poised to implement a significant shift in its monetary policy by reducing interest rates by 60 basis points. This strategic adjustment is a response to a notable 2.2% inflation rate recorded in August, signaling growing unease regarding economic stability across the eurozone. As we
After the release of the University of Michigan’s Consumer Sentiment Index figures and softer-than-expected housing market data, the US Dollar Index (DXY) experienced a decline, indicating a reaction to the economic data. The Consumer Sentiment Index recorded an improved figure for early August, which exceeded market expectations. However, the Current Conditions Index illustrated a decline,
The recent performance of the Nasdaq 100 has left investors on edge, with the benchmark US stock index recording a monthly loss of -1.6% in July. This marked it as the worst-performing among its peers like the S&P 500, Dow Jones Industrial Average, and Russell 2000. The global risk-off behavior that unfolded over the past
The USD/CHF pair has been trading positively for the second consecutive day, hovering near the 0.8670 mark in Tuesday’s Asian session. Traders are closely monitoring the US July PPI report, which is expected to be released later in the day. The possibility of a rate cut by the US Federal Reserve in September has caused
The Mexican Peso has seen an increase in demand despite Banxico’s surprising decision to lower rates by 25 bps in a 3-2 split decision. This move by the central bank signals further easing ahead, despite the risks of inflation and concerns about economic growth. The board of Banxico revealed that the Consumer Price Index (CPI)
The USD experienced a bit of a rollercoaster on Monday but managed to recover on Tuesday. The market sentiment seems to have shifted, allowing the US Dollar to gain ground and hover near the 103.00 mark. This recovery can be attributed to an improvement in market sentiment, as well as the absence of any significant
The gold price has been on the rise, surpassing the $2,440 resistance level. The technical analysis shows that there is a key bullish trend line forming with support near $2,440. However, the price is currently consolidating losses after testing the $2,455 zone. The support levels are near $2,440 and $2,415, with a potential downside towards
The Short Term Elliott Wave View in E-Mini Dow Jones Futures (YM) suggests that the trend is positioned to continue its upward trajectory within the sequence initiated from the April 2024 low. Specifically, the current scenario favors an upward movement in wave 5 of (5) since April 18, 2024 low, while emphasizing the importance of