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The U.S. Labor Department published a much-anticipated report on Wednesday, indicating that consumer prices rose in November, aligning with economists' predictions. According to the report, the consumer price index (CPI) increased by 0.3 percent in November, following a 0.2 percent rise each...
On December 11, 2024, the latest figures for the Consumer Price Index (CPI) in the United States were released, reflecting a modest month-on-month rise. The seasonally adjusted CPI reached 316.44 in November, up from October's 315.45. This data indicates a steady yet slight increase in consumer...
U.S. real earnings witnessed an encouraging rise in November 2024, as the latest data shows a 0.3% increase compared to the previous month. This marks a notable improvement from October 2024, when real earnings saw a modest uptick of 0.1%. The monthly comparison reveals a positive trend in the...
In a surprising turn of economic events, the United States Consumer Price Index (CPI) recorded a -0.05% change in November 2024, a noteworthy decline from October's 0.12% increase. This shift, reflective of a month-over-month comparison, was updated on December 11, 2024, and indicates that...
The Consumer Price Index (CPI) for the United States experienced a slight decline in November, offering a hint of deceleration in the inflation rate. The index, which stood at 315.66 in October 2024, edged down marginally to 315.49 in November 2024. This update, released on December 11, 2024...
The U.S. Consumer Price Index (CPI) saw a slight increase, settling at 2.7% in November 2024, up from 2.6% in October, according to the latest report updated on December 11, 2024. This year-over-year change marks a modest uptick in inflationary pressures as the holiday season approaches.
The...
The Core Consumer Price Index (CPI) in the United States experienced a measured increase for the month of November 2024. Official data released on December 11, 2024, shows that the Core CPI index climbed to 322.66, marking a modest step up from October’s figure of 321.67.
This new figure...
According to the latest economic data released on December 11, 2024, the United States Core Consumer Price Index (CPI) held steady at 3.3% in November 2024. This marks no change from the previous month's year-over-year rate, which was also recorded at 3.3% in October 2024.
The consistent...
In a slight turn, the Consumer Price Index (CPI) in the United States rose to 0.3% in November 2024, up from 0.2% in the previous month, October 2024. This marginal increase highlights a subtle rise in inflationary pressures, as reported in the latest update on December 11, 2024.
The...
In a sign of steadiness within the U.S. economy, the Core Consumer Price Index (CPI) remained unchanged in November 2024, holding steady at 0.3% month-over-month. This consistency follows the same rate recorded in October 2024 and underscores a period of stability as the nation closes out the...
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in November, after rising 0.2% m/m in each of the previous four months. On a twelve-month basis, CPI ticked up to 2.7% (from 2.6% in October). Energy prices rose 0.2% m/m, led by an uptick in prices at the pump (+0.6% m/m), while food...
The NFIB’s Small Business Optimism Index rose 8.0 points to 101.7 in November, exceeding market expectations for a smaller increase to 95.3. Nine out of ten subcomponents improved on the month, with the share of businesses reporting current inventories to be too low being the only unchanged...
The Consumer Price Index (CPI) rose 0.3% month-on-month (m/m) in November, after rising 0.2% m/m in each of the previous four months. On a twelve-month basis, CPI ticked up to 2.7% (from 2.6% in October). Energy prices rose 0.2% m/m, led by an uptick in prices at the pump (+0.6% m/m), while food...
The NFIB’s Small Business Optimism Index rose 8.0 points to 101.7 in November, exceeding market expectations for a smaller increase to 95.3. Nine out of ten subcomponents improved on the month, with the share of businesses reporting current inventories to be too low being the only unchanged...
JP Morgan on crypto last month, "monumental". highlights from the note:
Donald Trump's reelection triggered a historic rally across crypto markets
November's market cap growth of 45% was the crypto market's best monthly return.
U.S. spot crypto ETFs posted another record month in November
U.S...
Metaplex, the blockchain protocol used to create virtually every token, memecoin, and NFT on Solana, saw record-breaking protocol fees in November, fueled by a surge in digital asset creation on Solana.
Rise in Solana Token Creation Drives Record Protocol Growth
As the protocol behind...
Due at 8.30 am US Eastern time (1330 GMT):
For the full information on this post, why knowing the ranges is important etc, see this I posted earlier during the Asian session:
US November CPI data due Wednesday, ranges of estimates (& why they're crucial to know)
Distribution of forecasts for...
Later today, Wednesday, 11 December, we get the US consumer inflation data for November 2024
due at 1330 GMT,
which is 0830 US Eastern time
Preview posts are here:
Preview: What to expect from Wednesday's US CPI report
Goldman Sachs: What we expect from the November US CPI report
US...
The expiries board doesn't contain too much on the day, with it still coinciding with the Thanksgiving holiday period. US markets will be open but it is likely that liquidity conditions will remain thinner than usual. Looking at the board, perhaps there is just one to take note of - that being...
The expiries board today won't mean much, as flows will be marred by the Thanksgiving holidays. The same applies for tomorrow mostly as well, although there are some large ones for EUR/USD to be mindful of just in case. Month-end shenanigans saw the dollar sold off in trading yesterday but we'll...
There are a couple to take note of on the day, as highlighted in bold.
The first ones are for EUR/USD, layered at the 1.0415, 1.0475, and 1.0500 levels. Similar to yesterday, the expiries in particular the ones at 1.0475 and 1.0500 should limit price movements in the session ahead. That...
There are a couple on the board for the day, as highlighted in bold.
They are all for EUR/USD and layered at the 1.0415, 1.0475, and 1.0500 levels. The one at 1.0500 ties together with the 100-hour moving average currently, so that is likely to keep a lid on price action during the session. But...
There are just a couple to take note of, as highlighted in bold.
They are for EUR/USD at the 1.0440 and 1.0485 levels. The pair opened with a gap higher today amid a weaker dollar and has been sticking thereabouts since. Offers layered closer to the 1.0500 mark are still in play but the...
There is arguably just one to take note of on the day, as highlighted in bold.
That being for EUR/USD at the 1.0500 level. However, just be wary that this comes after the daily break below the figure level yesterday but not for the first time in a long while though. We also got a daily break...
There are a couple to take note of on the day, as highlighted in bold.
The first ones are for EUR/USD at the 1.0500 and 1.0515 levels. And alongside key technical resistance on the weekly chart at the 1.0500 mark itself, that should provide a floor for price action in the session ahead. Keep in...
There are just a couple to take note of on the day, as highlighted in bold.
They are for EUR/USD at the 1.0540 and 1.0620 levels. The former isn't one that holds much technical significance so I wouldn't bet on it to come into play, although geopolitical headlines yesterday did briefly shook...
There is just one to take note of on the day, as highlighted in bold.
That being for EUR/USD at the 1.0600 level. It isn't one that holds much technical significance and with the dollar retracing back some of its moves from last week, the expiries may not offer too much pull on such a day. The...
There are just a couple to take note of, as highlighted in bold.
They are for EUR/USD at the 1.0500 and 1.0520 levels. Similar to last week, the former will be the more important one to watch as it sits alongside a key technical support region for the pair. That will once again be a key...
There is just one to really take note of on the day, as highlighted in bold.
That being for EUR/USD at the pivotal 1.0500 level. As mentioned here, that is a major technical mark for the pair and the expiries today highlights the added interest towards that. If anything, they add another layer...
There is just one to take note of, as highlighted in bold. But dollar domination is the name of the game now, so just be wary that the expiries aren't going to matter all too much.
The one highlighted is for EUR/USD at the 1.0550 level. However, it isn't one that holds any technical...
There are just a couple to take note of, as highlighted in bold.
They are both for EUR/USD at the 1.0600 and 1.0650 levels. The former in particular will continue to be a notable one, adding another layer to key support at the figure level for the time being. As such, the expiries are likely to...
There are just a couple to take note of on the day, as highlighted in bold.
And they are both for EUR/USD at the 1.0600 and 1.0625 levels. The pair is being pressured to the downside, touching its lowest levels since April now as the dollar continues to rampage forward. As such, that will put...
There is just one to take note of, as highlighted in bold.
That being for EUR/USD at the 1.0700 level. The daily lows last week were held by the figure level, so the expiries will add another layer to that as we get the new week underway at least. With the bond market absent to start the week...
XAUUSD Technical Analysis 29th November 2024 1h chart
Thursday Daily candle closed weak Bullish at 2641.200 as Weekly retrace from the 2630s Key Level. I'll be looking for potential Buys above 2647.500 targeting 4h Resistance around2656.500 Leaving Runners to the previous 4h Support formed...
Thursday Daily candle closed small Bullish at 192.220 forming Daily Support at 191.410 as Weekly retrace from the previous Weekly Support formed around end of September 2024. I'll be looking for potential Buys above 192.470 targeting previous recent 4h Support formed at 192.880 Leaving Runners...
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Wednesday Daily candle closed weak Bullish at 2635.700 forming a huge Rejection to the upside. I'll be looking for potential Buys above 2640.000 targeting previous 1h Support formed at 2646.500 Leaving Runners to the 4h Resistance formed at 2656.300. I'll be looking for potential Sells below...
Wednesday Daily candle closed Bearish at 191.480 approaching Weekly Support formed around the end of September 2024. I'll be looking for potential Buys above 191.920 targeting 4h Resistance at 192.440 Leaving Runners to the previous 4h Support formed at 192.880. I'll be looking for potential...
Tuesday Daily candle closed small Bullish at 2632.800 forming Daily Support at 2624.700 as price continues to range on the 4h timeframe. I'll be looking for potential Buys above 2635.000 targeting Daily Wick Fill for Tuesday at 2642.000 Leaving Runners to the previous 4h Support formed at...
Tuesday Daily candle closed Bearish at 192.410 closing below Daily Support formed on 3rd October 2024. I'll be looking for potential Buys above 192.660 targeting 30min Resistance at 193.190 Leaving Runners to the Hourly Resistance formed at 193.600. I'll be looking for potential Sells below...