Global activity growth has bounced back to 2.6 per cent, compared to a low point of 2.2 per cent a few weeks back. Much of this recovery has occurred in the advanced economies, with our nowcast for the United States showing a particularly marked rebound after more than 12 months of progressive slowdown.
It...
WASHINGTON (MarketWatch) — The Federal Reserve held interest rates steady Wednesday and signaled it will lift them more slowly than previously indicated because of a weak global environment and volatile stock market.
The Fed said in a statement said its rate-setting Federal Open Market Committee...
Investing.com - The Bank of Japan on Tuesday held monetary policy steady in an 8 to 1 vote and negative rates intact in a 7 to 2 vote.
The BoJ however downgraded its estimates of inflation to a weaker outlook for price growth.
The BoJ has an annual target of ¥80 trillion in asset purchased...
THE FIBONACCI SEQUENCE AND ITS APPLICATION
Known for millennia by scientists, naturalists and mathematicians, the sequence of numbers 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, and so on to infinity...
The European Central Bank on Thursday cut its key lending rate to zero, pushed its deposit rate further into negative territory and significantly expanded the size and scope of its asset-buying program. ECB policy makers cut the bank's key lending rate, known as the refi rate, to zero from 0.05% and...
ANSWER:
Yes, if two conditions are met. Let's assume the Terminal is trending upward. If you see part of wave-5 break the 2-4 baseline, make sure these two rules are followed:1. After the break, no part of wave-5 drops below the conclusion of wave-4. 2. The highest price of wave-5 is made before...
ANSWER:
At risk of comparing market action to the "Theory of Relativity," the answer to your question is dependent on the technical expertise of the observer. There is the "visual appearance" of a market top and then the "structural, technical reality" of a market top. Visually speaking, from...