The Euro Area experienced two consecutive quarters of 0.1% GDP contraction, placing the bloc in a technical recession, following Germany’s lead, which slipped into a recession in the prior week.…
It’s all about market structure, psychology, and cyclical waves regarding this popular technical trading strategy. It’s none other than Elliott Wave Theory which has been as popular now as it…
Analysis by Nkosilathi Dube, Trive Financial Market Analyst Investors were likely left with mixed emotions following Dell Technologies Inc’s earnings for the first quarter of its 2024 fiscal year. The…
It all started midway through May when the Dow Jones 30 Futures (CME: YM) was knocked down by bearish sentiment, which took the index down 3.64% in a selling spree.…
The FTSE 100 Index (LSE: UKX) bears the brunt of economic indicators in the UK, which show signs of contraction. The UK S&P Global Services PMI declined from 55.9 to…
The OPEC+ recently concluded their monthly meeting with another production cut in the books, which Saudi Arabia has committed to with a 1 Million barrel per day cut. The WTI…
In the face of raging inflation, the European Central Bank (ECB) was cornered into implementing its fastest monetary tightening cycle in 15 years, with steep interest rates building pressure on…