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  • Article / 2 hours ago

    3 Numbers: Economists expect US Q4 GDP growth to be revised up to 2.1%

    editor/analyst /
    United States
    3 Numbers: Economists expect US Q4 GDP growth to be revised up to 2.1%
    Economic growth took a stumble in the final quarter of last year in the US, so it will be welcome news if today's December figure turns out better than expected. Still in the US, year-over-year house prices should tick higher for December, with the 5% plus rate far outpacing wider inflation. And economists see the Consumer Confidence Index for the US edging down in February. A closer look reveals that Democrats are gloomy and Republicans are upbeat.
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  • Squawk / 2 hours ago
    Sell GOLD BLW 29625 TGT 29540 430 320 whatapps 08106292758.........................
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  • Squawk / 2 hours ago
    sell crudeoil@3628/3632 sl 3655 tgts 3590.....whatsapp 08106292758..................
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  • Squawk / 3 hours ago
    Technical Analyst in Financial Market / commoditymarket2008 Advisory Services
    Spot Gold Trading View: now having resistance zone 1260, above holding means 1266 & 1273 easily looking other wise again come down up to 1246 & 1239...
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  • Article / Yesterday at 23:33 GMT

    Today's Trade: Volatile ASX200 creeps higher, with help from Wall St

    Trading Desk / Saxo Capital Markets
    Today's Trade: Volatile ASX200 creeps higher, with help from Wall St
    Australia's benchmark S&P/ASX200 clawed back some of Monday's losses after an early swing into the red. The positive lead from Wall St was a help. Meanwhile all eyes will be on Donald Trump's speech to Congress. Any tax and fiscal spending moves could have widespread implications for markets in the US and beyond.
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  • Squawk / Yesterday at 20:15 GMT
    Gold finally touched 1262 today which stand in a solid relation to the low in December. What now? Well, my day count was calling for a possible peak last week but since price aligned today and the fact that the low around mid-December isn't crystal clear trying to find the exact time for when it occurred the peak might have been in place today. One might as well assume that for precautionary reasons...if price can zoom past 1262 well then the bulls are all good. The main alternative is that a first cycle higher has ended, not a final. However price might now consolidate for a while before moving higher again. In large I am looking for price to take out lat year's highs before the bear strike once again.
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    fxtime fxtime
    Agree I have a minor signal short running today but I am awaiting a second confirming signal for a stronger drop but the underlying pattern is bullish...
    Morris Morris
    What is your analysis of the stochastic and RSI at this point? Could they be any hint of a continuation or ending pattern? Your comment please?