Articles from Talk Markets

​​​​​​​On Wednesday, the FTSE 100, the leading stock index in the UK, fell, ending a consecutive five-day rally.

The ISM non-manufacturing (i.e., services) index again came in positive, at 52.1, while the more leading new orders subindex came in at 53.7.

The 10-Year had a nice pullback from 4.5% to 4.2%. It is set up for yields to move higher over the short-term which could cause stocks to get a tiny bit cranky.

December CBOT corn settled 2,986 positions leaving open interest at 6,416 contracts left before Friday the 13th.

During a bull market, Bitcoin reserves on exchanges increase as long-term holders (LTH) and short-term holders (STH) transfer their holdings to trading platforms to take profits.

Right now the street is pricing in about 11.2% EPS growth and 8.5% sales growth over the next 12 months.

DeFi Index is extending higher within an ongoing five-wave bullish impulse from technical and Elliott Wave perspective.

The Christmas shopping season is off to a poor start, with dim results coming in from various sources showing lower traffic and slower spending.

PT Japfa Comfeed Indonesia Tbk is the second-largest poultry feed producer in Indonesia, with more than 20% market share.

The stock market is increasingly being driven by Trump and his agenda for his second term.

Bitcoin, currently priced at $95,549.62, faces slight volatility amid a trading volume of $68.9 billion, regulatory shifts, and market innovations.

Strong tech earnings are lifting the market today, with the Dow Jones Industrial Average up 235 points, while the S&P 500 Index and Nasdaq Composite notch fresh record highs.

The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.

Today’s top stock picks, from AI leaders to drone innovators, using the 4-pillar strategy.

The odds still look skewed toward a softer pace of expansion for fourth-quarter GDP, but an upgraded nowcast from the Atlanta Fed hints at the possibility for something stronger.

All eyes today are on the French and South Korean markets as both countries face political instability.

As expected, the EUR/USD will remain stable in narrow ranges with a bearish bias until the US jobs figures are announced.

After surging 233k higher in October (the biggest jump since July 2023), expectations were for a slowdown in job additions in November to +150k.

After opening the day higher, the Indian benchmark remained volatile as the session progressed and ended the day on a positive note.

Gold prices see a slight increase, stabilizing at around $2,650 following subpar US ADP employment data.

Dollar Tree came out with quarterly earnings of $1.12 per share.

Futures are higher following yesterday’s geopolitical events in France and S. Korea - which ironically highlight the stable exceptionalism of the US and its markets.

The two biggest movers in the FX market on Wednesday have been the Yen and the Australian Dollar, both of which have come under a good amount of pressure.

EUR/GBP remains on tenterhooks below 0.8500 as traders brace for high volatility ahead of French no-confidence vote. Traders see ECB interest rates heading to 1.75% by the end of 2025. BoE Bailey said he sees four interest rate cuts next year.

Foot Locker, Inc. reported a slight decline in total sales in the third quarter of 2024, falling 1.4% year-over-year to $1.96 billion.