Asia FX steady before US inflation data; soft Japan CPI clouds BOJ outlook

The environment secretary has been asked if he will claw back controversial bonus payments to Thames Water senior executives after it emerged some bonuses had already been paid out. Last month, Steve Reed vowed to block bonuses that Thames Water proposed to pay to managers at the beleaguered company. The firm’s chair has been forced…

2024.10.11 2024.10.11 XAU/USD: Elliott wave analysis and forecast for 11.10.24 – 18.10.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Highlights and key points Main scenario: consider long positions from corrections above the level of 2468.30 with a target of 2800.00 – 3000.00. A buy signal: if the price holds above 2468.30. Stop Loss: below…

Yesterday, the world’s most valuable company, Nvidia, released its quarterly earnings, which exceeded expectations:→ Earnings per share: actual = $1.62 (forecast = $1.53);→ Revenue: actual = $68.13 billion (forecast = $66.13 billion). Sentiment was further supported by the chipmaker’s guidance for first-quarter revenue above market estimates, reflecting continued heavy spending by major technology companies on…

By Peter Boumgarden, Washington University in St. Louis and Dilawar Syed, The University of Texas at Austin  Imagine it’s April 2025 and you’re the owner of a small but fast-growing e-commerce business. Historically, you’ve sourced products from China, but the president just announced tariffs of 145% on these goods. Do you set up operations in…