Gold – 22.11.2024 – Orbex Forex Trading Blog

The soft PPI report was driven by weak domestic demand and the continuing uncertainty over US tariffs. The lack of consumer demand was reflected in the weak CPI reading of 0.1% y /y, the first gain in four months. Monthly, CPI declined by 0.1%, following a 0.2% drop in May. There was a silver lining…

A lull is expected on the financial markets today due to a shortened trading week related to the Easter holiday celebrations. It is reasonable to assume that traders will get a “breather” after a news-heavy April, which caused a volatile “shakeout” in the stock markets. US Stock Markets On Wednesday, Federal Reserve Chair Jerome Powell…

Starmer: government made ‘unnecessary mistakes’ Starmer said he would be “setting out with clarity the convictions and values that drive me” in the coming days, as he seeks to reset his leadership. Speaking from south London this afternoon, he said the government has made “unnecessary mistakes”. Keir Starmer speaking to the media after meeting Labour…

The interest rate on plan 2 and plan 3 student loans will be capped at 6% from September, ministers have announced, amid concerns that higher inflation will drive repayments up for many graduates. Ministers acted after months of criticism over the loans becoming a “debt trap” that often leave graduates in England and Wales paying…

2025.10.17 2025.10.17 WTI Crude Oil: Elliott Wave Analysis and Forecast for 17.10.25 – 24.10.25 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 62.55 with a target of 53.50 – 45.00. A sell signal: the price holds below 62.55. Stop Loss: above 65.00,…