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S&P 500 And Nasdaq 100: Stocks Pulls Back As Traders Focus On Inflation And Job Market Data

Major indices moved lower as Core Inflation Rate and Initial Jobless Claims exceeded analyst expectations.

FX Empire
10 Oct 2024

Natural Gas Price Forecast – Natural Gas Continues to Drift Lower

The natural gas market fell in the early hours of Thursday, as the market continues to look to gravity as a potential factor after all of this massive inflow into the commodity. At this point, the mar

FX Empire
10 Oct 2024

Core Inflation Rises To 3.3%

Initial Jobless Claims increased to 258,000, raising worries about the situation in the job market.

FX Empire
10 Oct 2024

Bitcoin Price Forecast – Bitcoin Continues to See Supporters

The Bitcoin market bounced a bit in the early part of the Thursday session. After all, the $60,000 level has offered buying pressures again, as the large, round, psychologically important figures tend

FX Empire
10 Oct 2024

Dow Jones 30 Price Forecast – Dow Jones 30 Continues to Look Supported

The Dow Jones 30 continues to see a lot of noisy behavior at this point in time, as the market will be watching the interest rate situation, as well as the CPI numbers on Thursday.

FX Empire
10 Oct 2024

NASDAQ 100 Price Forecast – NASDAQ 100 Continues to Look Bullish During Sideways Consolidation

The NASDAQ 100 continues to see a lot of noise, as we are currently digesting the overall consolidation after a massive shot higher. After all, this is a market that continues to move on interest rate

FX Empire
10 Oct 2024

USD/JPY Forecast – US Dollar Continues to See Buyers

The US Dollar continues to see a lot of upward pressure, as the interest rate differential continues to be a main driver of this pair. After all, this is a market that has recently seen the Bank of Ja

FX Empire
10 Oct 2024

Gold Price Forecast – Gold Continues to Look Strong on Thursday

The gold market has rallied a bit over the past few hours, as the market continues to see the $2600 level as important. There are a handful of reasons out there that the gold buyers continue to focus on, and this is the continuation of that interest.

FX Empire
10 Oct 2024

Gold News: Prices Move Higher Ahead Of CPI Report

Gold prices rebound as bulls hope that CPI data will put pressure on U.S. dollar.

FX Empire
10 Oct 2024

Oil News: Prices Rebound After The Strong Pullback

Oil traders wait for Israel’s response to Iran’s attack.

FX Empire
10 Oct 2024

XRP Versus Bitcoin: XRP/BTC Will Likely Crash 25% by 2024

XRP faces a bearish outlook in both the BTC and USD pairs, with technical breakdowns suggesting a 25% drop against Bitcoin and a 15% decline versus the dollar by the end of 2024.

FX Empire
10 Oct 2024

New Zealand Dollar Rebounds: Analysis For USD/JPY, EUR/USD, AUD/USD, NZD/USD

Forex traders are waiting for the release of U.S. CPI data.

FX Empire
10 Oct 2024

The Rising Dollar Spooked Crypto

Bitcoin lost around $2000 (over 3%) on Wednesday, falling to a 6-day low of $60.5K.

FX Empire
10 Oct 2024
FX Empire
10 Oct 2024

German Retail Sales Jumps 1.6% in August, But ECB Rate Cut Bets Remain in Question

German retail sales surged 1.6% in August, easing recession fears and challenging ECB rate cut expectations.

FX Empire
10 Oct 2024

US Dollar Price Forecast: US CPI in Focus; Gold, GBP/USD, and EUR/USD Outlook

US Dollar Price Forecast: US CPI data in focus as traders brace for inflation impact on Gold, GBP/USD, and EUR/USD. Will rate expectations shift?

FX Empire
10 Oct 2024

Silver (XAG) Daily Forecast: Stable Above $30.35—Can Inflation Concerns Propel Prices Higher?

Silver prices steady at $30.50 as inflation worries persist. Can XAG/USD gain momentum above key $30.79 resistance?

FX Empire
10 Oct 2024

Natural Gas and Oil Forecast: Hurricane Milton Pushes Prices Higher as Geopolitical Risks Mount

Rising geopolitical tensions and Hurricane Milton’s impact push oil prices up. Learn what’s next for the energy market.

FX Empire
10 Oct 2024

Dax Index News: DAX Eyes 19,500 Amid Rate Cut Speculation and US Inflation Data

Rate cut optimism fuels DAX rally; retail sales data and US CPI Report to set the tone for Thursday’s market direction.

FX Empire
10 Oct 2024

BTC Outlook: Key CPI Data and ETF Flows Could Trigger Volatility Below $60K

Bitcoin slides to $60,628 as ETF outflows rise and government BTC sale rumors intensify. CPI data could shape BTC’s near-term price direction.

FX Empire
10 Oct 2024

Gold (XAU) Daily Forecast: Will $2,630 Resistance Break with CPI Data in Focus?

Gold prices steady at $2,612 despite strong dollar; CPI report could spark breakout or reversal.

FX Empire
10 Oct 2024

Hang Seng Index and Nikkei 225 Rise on Fed Rate Cut Bets and PBoC Liquidity Moves

Hang Seng Surges on PBoC Support, US Gains: Hang Seng Index rallied 3.02% as PBoC boosted market liquidity. Tech and real estate stocks rebounded on strong US equity market performance.

FX Empire
10 Oct 2024

XRP News Today: Spot ETF Filings Fail to Boost XRP Amid SEC Appeal Uncertainty

XRP faces price pressure amid SEC appeal speculation, hovering below $0.55 despite optimism around US XRP-spot ETF applications.

FX Empire
10 Oct 2024

Crude Oil, Natural Gas, and US Dollar Technical Analysis: Price Patterns and Key Levels

WTI crude oil has rebounded from support but remains volatile, while natural gas is declining from the resistance level.

FX Empire
10 Oct 2024
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