Blogs
UBS targets higher for the S&P 500, sees strong earnings, strong economy
<p>Analysts at UBS target the S&P 500 at 4,900 in June 2024 and 5,000 in December 2024</p><p>Citing:</p><ul><li>“benign” macroeconomic backdrop healthy economy:<ul><li>unemployment remained low, labor market cooled, real wages rose, consumer finances intact</li></ul></li><
Six arrested in plot to shut down the London Stock Exchange
<p>Police in London have arrested 6 protesters who were trying to shut down the LSE.</p><p>Info via <a href="https://www.cnbc.com/2024/01/14/pro-palestine-protestors-arrested-for-london-stock-exchange-scheme.html" target="_blank" rel="nofollow">CNBC</a>:</p><ul><li>London
Barclays moved its forecast for the first Federal Reserve rate cut to March (from June)
<p>A note from Barclays analysts on Friday in which they now forecast the Federal Open Market Committee (FOMC) to cut the Fed Funds rate by 25bp at the March meeting. Barclays were previously forecasting the first cut to come in June. </p><p>Fed officials continue to send mixed messages, the latest was from Federal Reserve Bank [&
Weekend: ECB chief economist Philip Lane nominates June 'key data' for rate cuts
<p> European Central Bank chief economist Philip Lane spoke in an interview with Italian daily Il Corriere della Sera, the interview was published on Saturday.</p><p>Lane discussed key wages data not becoming available until June (the ECB meet on the 6th that month)</p><ul><li>"By our June meeting, we will h
Weekend: Ex-PBoC official says China’s property downturn may continue for two more years
<p>Sheng Songcheng is a former director of the People’s Bank of China’s statistics and analysis department. He was speaking at a forum in Shanghai on Saturday.</p><p>Said that the property downturn in China is likely to persist for two more years. It will begin to regain stability after that. </p><ul><li> New-hom
Economic calendar in Asia 15 January 2024 – a light one
<p>The US holiday will keep large investor flows somewhat out of markets today. </p><p>Markets are mainly closed in the US but are open in Asia here and Europe. </p><p>US market hours ahead, note there is a scheduled session for futures on Sunday evening, US time::</p><ul><li><a href="https://
Trade ideas thread – Monday, 15 January, insightful charts, technical analysis, ideas
<p>Good morning, afternoon and evening all. Any charts, technical analysis, trade ideas, thoughts, views, ForexLive traders would like to share and discuss with fellow ForexLive traders, please do so: </p> This article was written by Eamonn Sheridan at www.forexlive.com.
Monday morning open levels – indicative forex prices – 15 January 2024
<p>Good morning, afternoon or evening to all ForexLive traders and welcome to the start of the new FX week.</p><p>As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online … prices are liable to swing around, so take care out there.</p><p>Indicative rates: