November PMIs: Global Economic Health Check XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX” width=”0″ style=”display:none;visibility:hidden”> Source link
The Big Mac Index, introduced by The Economist in 1986, offers a unique way to gauge the value of currencies globally. By comparing the price of a Big Mac in different countries, it provides a glimpse into purchasing power parity (PPP). In an ideal world, identical goods should cost the same in every country when…
2024.11.29 2024.11.29 USDJPY: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 156.75 with a target of 138.08 – 131.25. A sell signal: the price holds below 156.75. Stop Loss: above 157.10, Take Profit:…
2024.11.29 2024.11.29 Peso Is Not Afraid of U.S. Tariffs. Forecast as of 29.11.2024 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Mexico has hinted that it is not afraid of a trade war with the U.S. However, its economy would suffer significantly from the 25% import tariffs imposed by the U.S. Let’s discuss it and make a trading plan for USDMXN….
The Canadian dollar has been quiet over the past two trading days but that could change today with the release of Canada’s GDP report. In the European session, USD/CAD is trading at 1.4005, down 0.27%. There are no US events today and US markets will be closing early for the Thanksgiving weekend. Canada GDP expected…
2024.11.29 2024.11.29 GBPUSD: Elliott Wave Analysis and Forecast for 29.11.24 – 06.12.24 Alex Geutahttps://www.litefinance.org/blog/authors/alex-geuta/ The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.3040 with a target of 1.2240 – 1.1900. A sell signal: the price holds below 1.3040. Stop Loss: above 1.3070, Take Profit:…
Deribit, a platform known for offering cryptocurrency options trading, will launch spot and derivatives trading in the UAE on January 1, 2025, migrating all activities to the Dubai-based entity. It plans to transfer USD 50 billion in open interest to its Dubai entity. Moving to Dubai The announcement, made today (Friday), follows Deribit FZE receiving…
Italy’s financial regulator, CONSOB, revealed Friday that it has ordered the black-out of four websites offering unauthorised financial services to Italian consumers. The action, aimed at protecting investors from fraudulent activities, is part of CONSOB’s ongoing campaign against abusive financial intermediaries. The regulator often orders the black-out of unauthorised sites The targeted websites are: GOMARKETSLTD.net…
Accuracy and PrecisionThe Trendometer Indicator provides highly accurate trend forecasts, allowing traders to make data-driven decisions. Its precision reduces guesswork, increasing the chances of profitable trades. Ease of UseEven for beginners, the Trendometer is user-friendly and easy to integrate into trading platforms. Its intuitive design ensures that anyone can use it effectively without needing extensive…
The Australian Securities and Investments Commission (ASIC) revealed Friday that it has cancelled the Australian financial services (AFS) licence of RPD Group Advice Pty Ltd (RPD Group) following a compensation payment by the Compensation Scheme of Last Resort (CSLR). The cancellation comes after the Australian Financial Complaints Authority (AFCA) issued a determination against RPD Group…