Beware Egypt’s smokestack onshoring as cement exports surge: Maguire
By Gavin Maguire LITTLETON, Colorado (Reuters) -North Africa’s largest economy and second-largest natural gas producer has stepped up the production and export of several highly energy-intensive commodities as part of…
WTI Crude Oil: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider long positions from corrections above the level of 72.72 with a target of 85.00 – 94.97. A buy signal:…
USD/JPY: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 159.00 with a target of 148.50 – 138.65. A sell signal:…
Morning Bid: Waller and Bessent help peg back Treasury yields
A look at the day ahead in U.S. and global markets from Mike Dolan Salvos from a Federal Reserve governor and the incoming Treasury Secretary helped nail down this week’s…
GBP/USD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.2571 with a target of 1.1900 – 1.1521. A sell signal:…
Codelco, Saudi in talks on copper investment, 2025 output seen up
By Pesha Magid RIYADH (Reuters) – Chile’s Codelco, the world’s largest copper producer, is in talks with Saudi Arabia over potential joint investments in the metal, the company’s chairman told…
S&P 500 Found a Fly in the Ointment. Forecast as of 17.01.2025
Donald Trump’s policies seem entirely favorable to the S&P 500, but that is not so. Although deregulation and fiscal stimuli will accelerate GDP and boost corporate profits, there is also a…
EUR/USD: Elliott Wave Analysis and Forecast for 17.01.25 – 24.01.25
The article covers the following subjects: Major Takeaways Main scenario: Consider short positions from corrections below the level of 1.0425 with a target of 0.9950 – 0.9526. A sell signal:…
Bank of America flags dollar longs as crowded, eyes global inflation concerns
Bank of America (BofA) analysts highlighted a shift in market sentiment, identifying long U.S. dollar positions as the most crowded trade, and now a significant headwind for the currency. This…
European natural gas prices see slight increase in early trade
Investing.com — The benchmark Dutch TTF contract for European natural-gas saw a minor rise of 0.2% in early trade, with prices settling at 46.36 euros per megawatt-hour. This rise comes…
