Daily Market Outlook, January 29, 2024Munnelly’s Market Minute…“China Winds Up Evergrande, Middle East Tensions Rise”Over the weekend, news emerged that China's securities regulator would halt...
Daily Market Outlook, January 26, 2024
Daily Market Outlook, January 26, 2024Munnelly’s Market Minute…“China Stimulus Bid Fades”Asian markets have experienced broad declines following a recent period of gains. The negative sentiment...
Daily Market Outlook, January 25, 2024
Daily Market Outlook, January 25, 2024Munnelly’s Market Minute…“Tesla Earnings Disappoint, ECB On Deck”Asian markets saw modest gains, although the overall positive momentum was limited due to the...
Bitcoin Analysis: Potential Price Drop Ahead
The price of Bitcoin is trying to remain under the broken support level of 40234. Should the asset stay there at the end of the trading week, its price might drop to the level of 35000. Of course, the...
EURUSD Stays Support Despite a Moderately Dovish ECB Message, Traders Eye US GDP Data
The EUR/USD faced a short-term sell-off, which was later recouped following the European Central Bank's decision to maintain the Main Refinancing Operations Rate at 4.50% during its initial...
Daily Market Outlook, January 23, 2024Munnelly’s Market Minute…“China Mulling $278Bln Equities Bailout”Asian stocks mostly rose after Wall St's fresh record levels, but gains were limited ahead...
Daily Market Outlook, January 22, 2024
Daily Market Outlook, January 22, 2024Munnelly’s Market Minute…“Hang Seng Sinks To GFC Levels”Asian stocks were mixed as Chinese stocks weakened, despite last week's record levels on Wall Street....
US Stocks Breaking Out on Soft-Landing View
S&P Rally ContinuesUS stocks continue to push higher this week with the S&P future seen breaking out to fresh all-time highs across early trading on Monday. The move comes despite a shift in...
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