US stock market bulls are facing a reality check (3 ominous signs to watch)
US stock market faces the risk of an impending multi-week correction due to a potential resurgence of goods-based inflationary pressure.
Source: marketpulse.com
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US Stock Market Bulls Facing a Reality Check (3 Ominous Signs to Watch)
The US stock market continued to hit another milestone last week when the benchmark S&P 500 recorded 14 weekly gains in the past 15 weeks as of 9 February 2024, its longest winning streak since 1972.
Source: actionforex.com
USDZAR near key technical level ahead of SARB
If the SARB raises rates less than expected or if the statement is less hawkish than expected, the pair may break higher.
Source: cityindex.co.uk
Ahead of the Fed SP 500 Index
The result of today’s FOMC meeting has potential for volatility in the S&P 500 index.
Source: cityindex.co.uk
AUDNZD technical breakout on RBA rate hike
The RBA’s surprise hike caught AUD/NZD traders with their guard down. As a result, the pair traded to its highest level since August 2018.
Source: cityindex.co.uk