Summary
In the first part of the Monthly Webinar (free for all users), Ron William will cover the next topics: * In life and in markets TIMING is everything * The History and Importance of Cycles * Linear vs. Non-Linear cycles * W.D Gann's Law of Vibration Watch Part II of the Monthly Webinar with Ron.
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Editors’ Picks
AUD/USD hovers around 0.6650, unfazed by poor China's activity data
AUD/USD is keeping its range around 0.6650 in Monday's Asian trading. little affected by downbeat China's activity data for November. The country's Retail Sales, Fixed Asset Investment and Industrial Production data came in below forecasts and refuelled economic growth concerns.
USD/JPY extends losses below 155.50 amid Fed-BoJ monetary policy divergence
USD/JPY drops further below 155.50 in the Asian session on Monday. The pair remains offered as the Japanese Yen continues to draw support from the expectations of Fed-BoJ monetary policy divergence and a risk-off market profile. Fedspeak is next in focus.
Gold retains bullish bias ahead of this week’s key US macro releases
Gold attracts buyers for the fifth straight day and climbs to the $4,330 region during the Asian session on Monday. The commodity remains well within striking distance of its highest level since October 21, touched on Friday, and seems poised to appreciate further amid a supportive fundamental backdrop.
Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground
Altcoins, including Dash, SPX6900, and Pudgy Penguins, are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.
Big week ends with big doubts
The S&P 500 continued to push higher yesterday as the US 2-year yield wavered around the 3.50% mark following a Federal Reserve (Fed) rate cut earlier this week that was ultimately perceived as not that hawkish after all. The cut is especially boosting the non-tech pockets of the market.
Here is what you need to know on Friday, December 12:
Here is what you need to know on Friday, December 12: