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US market flows were hobbled on Thursday, tripping up trade volumes as the calendar rounds the corner into another US Nonfarm Payrolls (NFP) Friday. Here’s what you need to know heading into Friday, December 10: The US Dollar Index (DXY) stepped tentatively higher on Thursday, driven by an overall t

Markets Markets took aim at UK assets. Both gilts and sterling suffered steep losses. Yields soared another 4.5-11.3 bps. The 10-yr yield (+11.3 bps to 4.79%) surpassed the previous post-pandemic highs to hit the highest levels since ’08. The 30-yr yield already smashed Tuesday’s 27-yr high by addin

The Czech manufacturing PMI dived deeper into contractionary territory in December, setting a downward trend in the conditions of automotive havoc in Europe. The outcome is worse than market participants expected, and brings bad news for output, new orders and workforces. Manufacturing in hot water

AUD/USD falls to near 0.6230 as the RBA opens doors for interest rate cuts. Fed’s fewer interest rate cut guidance has kept the US Dollar on the frontfoot. The declining 20-week EMA suggests that the broader outlook of the Aussie pair is bearish. The AUD/USD pair drops to near 0.6230 in Tuesday’s Eu

RGTI has risen rapidly in value in recent days attracting the attention of investors. Here we have the 15-minute chart. Applying the Elliott Waves principle, the stock should find support in 5.89 - 7.07 area to complete a wave 4. This would generate a new rally on wave 5 that could reach around 8.94

Gold prices have dropped due to increased US Treasury yields, profit-taking, and the anticipation of a less dovish Fed outlook for 2025. The upcoming Fed meeting and its economic projections, especially regarding rate cuts, will significantly impact gold prices. India’s gold imports are expected to