Last week's data reiterated the tension between employment and the economy, with expectations for economic activity and spending remaining strong while employment data was weak. The key will be the extent to which October's non-farm data reflects the economy rather than hurricane-related noise. That turned attention to the November data. 
 Friday's jobs data makes us think the Fed will cut rates by another 25 basis points this week, bringing rates closer to neutral. The move is expected to be accompanied by minor changes to the statement, which is likely to mention that "the Committee remains confident that inflation is moving toward 2 percent on a sustained basis to achieve roughly balanced risks to the employment and inflation objectives." 
 Fed Chairman Jerome Powell is expected to signal further rate cuts at his press conference, but will not provide clear guidance on the timing or pace of cuts. Instead, we think he will reiterate that the Fed will make a meeting-by-meeting decision and that the timing and pace of rate cuts will depend on incoming data, the evolving outlook and the balance of risks. In particular, he may signal that the Fed may pause if the labor market is stronger than expected, or if inflation picks up. 
 However, we still expect the Fed to cut rates by another 25 basis points in December. As for 2025, the Fed will cut rates three more times in March, June and September, with risks tilted toward a higher rate path. This is based on a forecast that inflation remains tame, the labor market cools slightly, and the unemployment rate peaks at 4.2 percent.

Last week's data reiterated the tension between employment and the economy, with expectations for economic activity and spending remaining strong while employment data was weak. The key will be the extent to which October's non-farm data reflects the economy rather than hurricane-related noise. That turned attention to the November data. 
 Friday's jobs data makes us think the Fed will cut rates by another 25 basis points this week, bringing rates closer to neutral. The move is expected to be accompanied by minor changes to the statement, which is likely to mention that "the Committee remains confident that inflation is moving toward 2 percent on a sustained basis to achieve roughly balanced risks to the employment and inflation objectives." 
 Fed Chairman Jerome Powell is expected to signal further rate cuts at his press conference, but will not provide clear guidance on the timing or pace of cuts. Instead, we think he will reiterate that the Fed will make a meeting-by-meeting decision and that the timing and pace of rate cuts will depend on incoming data, the evolving outlook and the balance of risks. In particular, he may signal that the Fed may pause if the labor market is stronger than expected, or if inflation picks up. 
 However, we still expect the Fed to cut rates by another 25 basis points in December. As for 2025, the Fed will cut rates three more times in March, June and September, with risks tilted toward a higher rate path. This is based on a forecast that inflation remains tame, the labor market cools slightly, and the unemployment rate peaks at 4.2 percent.

Anyone who wants to become a profitable stock trader only has to spend a few minutes online I am participating in the WikiEXPO2024 forex popular big shot selection, please support me to encounter advice like "plan your trade, trade your plan" and "keep your losses to a minimum" but strategy goes much more deeply than this. Keeping some rules in mind can increase your odds of succeeding in the markets. - Trading Plan - Take your trade like daily business - Advance your trading with Technology - Protect your trading capital - Risks only what you can afford to lose Those are simple rules which if follow them you can be a successful trader 1. TRADING PLAN A trading plan is a set of rules that specifies a trader's entry, exit, and money management criterias for every purchase. Use technology to test a trading idea before risking real money. This process is known as backtesting. 2. TAKE YOUR TRADE LIKE DAILY BUSINESS You must approach trading as a full or part-time business, not as a hobby or a job, if you're going to be successful. Trading as a business allows you to clearly identify all your expenses and losses. This helps you reduce uncertainty, risk, stress, and even taxes. 3. PROTECT YOUR TRADING CAPITAL Saving enough money to fund a trading account takes time and effort. It can be even more difficult if you have to do it twice. All traders have losing trades. Protecting capital means not taking unnecessary risks and doing everything you can to preserve your trading business. 4. ADVANCE YOUR TRADING WITH TECHNOLOGY Trading is a competitive business so it's safe to assume that the person on the other side of a trade is taking full advantage of all available technology. Getting market updates via your smartphone allows you to monitor trades anywhere. A high-speed internet connection can increase trading performance. Using technology to your advantage and keeping current with new products can be fun and rewarding. 5. RISKS MANAGEMENT Make sure the money in that trading account is expendable before you use real cash. A trader should otherwise keep saving until it is. Losing money is traumatic enough. It becomes even more so if it's capital that should have never been risked in the first place. I am participating in the WikiEXPO2024 forex popular big shot selection, please support me #WikiEXPO2024Dubai #SeeingInvestmentDiversity #WikiEXPO2024InfluencersProgram #ForexInfluencersBattle #TradingAnalysis #PortfolioInvestment

Anyone who wants to become a profitable stock trader only has to spend a few minutes online I am participating in the WikiEXPO2024 forex popular big shot selection, please support me to encounter advice like "plan your trade, trade your plan" and "keep your losses to a minimum" but strategy goes much more deeply than this. Keeping some rules in mind can increase your odds of succeeding in the markets. - Trading Plan - Take your trade like daily business - Advance your trading with Technology - Protect your trading capital - Risks only what you can afford to lose Those are simple rules which if follow them you can be a successful trader 1. TRADING PLAN A trading plan is a set of rules that specifies a trader's entry, exit, and money management criterias for every purchase. Use technology to test a trading idea before risking real money. This process is known as backtesting. 2. TAKE YOUR TRADE LIKE DAILY BUSINESS You must approach trading as a full or part-time business, not as a hobby or a job, if you're going to be successful. Trading as a business allows you to clearly identify all your expenses and losses. This helps you reduce uncertainty, risk, stress, and even taxes. 3. PROTECT YOUR TRADING CAPITAL Saving enough money to fund a trading account takes time and effort. It can be even more difficult if you have to do it twice. All traders have losing trades. Protecting capital means not taking unnecessary risks and doing everything you can to preserve your trading business. 4. ADVANCE YOUR TRADING WITH TECHNOLOGY Trading is a competitive business so it's safe to assume that the person on the other side of a trade is taking full advantage of all available technology. Getting market updates via your smartphone allows you to monitor trades anywhere. A high-speed internet connection can increase trading performance. Using technology to your advantage and keeping current with new products can be fun and rewarding. 5. RISKS MANAGEMENT Make sure the money in that trading account is expendable before you use real cash. A trader should otherwise keep saving until it is. Losing money is traumatic enough. It becomes even more so if it's capital that should have never been risked in the first place. I am participating in the WikiEXPO2024 forex popular big shot selection, please support me #WikiEXPO2024Dubai #SeeingInvestmentDiversity #WikiEXPO2024InfluencersProgram #ForexInfluencersBattle #TradingAnalysis #PortfolioInvestment

Republican Scenarios: Red Sweep + "Bad Trump": Stagflation risk • Long: Gold, Energy, EU Defense • Short: EU Banks, China stocks Split Congress + "Good Trump": US Exceptionalism • Long: US/EU Cyclicals, Trump Financials • Short: Gold, US Defensives Democrat Scenarios: Blue/Split Congress + Harris: • Long: Homebuilders, Renewables • Short: Republican Winners, Trump stocks Key themes: Tax policy, housing focus Lower global rates expected Cross-Asset Impact: Rep Win: Higher volatility, US outperformance Dem Win: Lower USD, higher global growth Watch sectoral rotation closely Risk Alert: Position sizing crucial given multiple scenarios. #Election2024 #Trading #Markets #Stocks

Republican Scenarios: Red Sweep + "Bad Trump": Stagflation risk • Long: Gold, Energy, EU Defense • Short: EU Banks, China stocks Split Congress + "Good Trump": US Exceptionalism • Long: US/EU Cyclicals, Trump Financials • Short: Gold, US Defensives Democrat Scenarios: Blue/Split Congress + Harris: • Long: Homebuilders, Renewables • Short: Republican Winners, Trump stocks Key themes: Tax policy, housing focus Lower global rates expected Cross-Asset Impact: Rep Win: Higher volatility, US outperformance Dem Win: Lower USD, higher global growth Watch sectoral rotation closely Risk Alert: Position sizing crucial given multiple scenarios. #Election2024 #Trading #Markets #Stocks

At the start of Super Financial Week, the dollar weakened as the US presidential election approached, pushing GBP/USD higher ahead of the Fed and Bank of England interest rate decisions. GBP/USD bottomed out last week as the market largely priced in the UK government's latest budget. The Budget will impose higher taxes, borrowing and investor costs on the UK. The pound fell after the budget on concerns about UK growth. But after the US election and the Fed's November meeting this week, attention will turn to the Bank of England's November interest rate decision. The market expects that the Bank of England will cut interest rates by 25 basis points at this meeting, but because the Bank of England Governor Bailey has indicated that the Bank of England is less likely to cut interest rates again this year, leading to interest rate market expectations for this meeting have decreased compared with last week. From a technical point of view, GBP/USD has recovered from the recent low of 1.2840, and a break above 1.2900 means that GBP/USD has returned above the uptrend line formed since mid-May. Bulls need to push GBP/USD further above the 1.3000 mark to offset the impact of the recent decline, and if it can be successfully broken, it is expected to rise to 1.3100. However, if it is suppressed continuously, it means that the bears are still in the dominant position of the market, and the downside targets are 1.2840 and 1.2810.

At the start of Super Financial Week, the dollar weakened as the US presidential election approached, pushing GBP/USD higher ahead of the Fed and Bank of England interest rate decisions. GBP/USD bottomed out last week as the market largely priced in the UK government's latest budget. The Budget will impose higher taxes, borrowing and investor costs on the UK. The pound fell after the budget on concerns about UK growth. But after the US election and the Fed's November meeting this week, attention will turn to the Bank of England's November interest rate decision. The market expects that the Bank of England will cut interest rates by 25 basis points at this meeting, but because the Bank of England Governor Bailey has indicated that the Bank of England is less likely to cut interest rates again this year, leading to interest rate market expectations for this meeting have decreased compared with last week. From a technical point of view, GBP/USD has recovered from the recent low of 1.2840, and a break above 1.2900 means that GBP/USD has returned above the uptrend line formed since mid-May. Bulls need to push GBP/USD further above the 1.3000 mark to offset the impact of the recent decline, and if it can be successfully broken, it is expected to rise to 1.3100. However, if it is suppressed continuously, it means that the bears are still in the dominant position of the market, and the downside targets are 1.2840 and 1.2810.

The Trump trade has already shown signs of loosening in the last week, manifested in a stronger dollar, weaker bonds/higher yields, and stronger cryptocurrencies. On the final day of the campaign, the dollar index fell to a two-week low. The dollar also started the week on a bearish note. The dollar index briefly broke below its 200-day moving average in the sub-session, with the EUR/USD testing the 1.09 level, while the GBP/USD, which was hit by last week's budget, has now recovered, briefly approaching the 1.30 resistance level. If Harris wins on Wednesday, we could see a rapid reversal of the Trump trade, i.e. a sharp weakening of the dollar and increased volatility in currency and bond markets. But if Trump wins the election and is re-elected president, the direction of the dollar will be more influenced by the outcome of the congressional elections. Trump and a Republican Congress could cause the dollar to rise sharply and emerging market currencies, the euro and the pound to fall sharply. For now, markets are waiting for the outcome of the US election. Markets are expected to remain calm Monday and early Tuesday, but could follow suit once initial results emerge Tuesday night and Wednesday morning.

The Trump trade has already shown signs of loosening in the last week, manifested in a stronger dollar, weaker bonds/higher yields, and stronger cryptocurrencies. On the final day of the campaign, the dollar index fell to a two-week low. The dollar also started the week on a bearish note. The dollar index briefly broke below its 200-day moving average in the sub-session, with the EUR/USD testing the 1.09 level, while the GBP/USD, which was hit by last week's budget, has now recovered, briefly approaching the 1.30 resistance level. If Harris wins on Wednesday, we could see a rapid reversal of the Trump trade, i.e. a sharp weakening of the dollar and increased volatility in currency and bond markets. But if Trump wins the election and is re-elected president, the direction of the dollar will be more influenced by the outcome of the congressional elections. Trump and a Republican Congress could cause the dollar to rise sharply and emerging market currencies, the euro and the pound to fall sharply. For now, markets are waiting for the outcome of the US election. Markets are expected to remain calm Monday and early Tuesday, but could follow suit once initial results emerge Tuesday night and Wednesday morning.

Intra-day view: USD/JPY opened sharply lower today. Today, USD/JPY may be biased to the downside, but the momentum is not strong, and any decline is unlikely to significantly break below 151.50. Major support at 151.05 is unlikely to be threatened. Upside resistance is at 152.55 and 153.00. 1-3 week view: Downside momentum is starting to build, but USD/JPY must break below and stay below 151.05 for a more sustained decline to be possible. As long as it does not break above 153.35, the likelihood of USD/JPY falling significantly below 151.05 in the coming days increases.

Intra-day view: USD/JPY opened sharply lower today. Today, USD/JPY may be biased to the downside, but the momentum is not strong, and any decline is unlikely to significantly break below 151.50. Major support at 151.05 is unlikely to be threatened. Upside resistance is at 152.55 and 153.00. 1-3 week view: Downside momentum is starting to build, but USD/JPY must break below and stay below 151.05 for a more sustained decline to be possible. As long as it does not break above 153.35, the likelihood of USD/JPY falling significantly below 151.05 in the coming days increases.

Intra-day view: NZD/USD rose above 0.6000 in Asian trade. The fluctuation of the price is not good indication of its direction. NZD/USD is likely to continue to move between 0.5965-0.6015 today. 1-3 week view: NZD/USD did not significantly break the strong resistance of 0.6010 in the Asian session today, but the downward momentum seems to have abated. NZD/USD may have entered a range trading phase and is now expected to trade between 0.5940 and 0.6040.

Intra-day view: NZD/USD rose above 0.6000 in Asian trade. The fluctuation of the price is not good indication of its direction. NZD/USD is likely to continue to move between 0.5965-0.6015 today. 1-3 week view: NZD/USD did not significantly break the strong resistance of 0.6010 in the Asian session today, but the downward momentum seems to have abated. NZD/USD may have entered a range trading phase and is now expected to trade between 0.5940 and 0.6040.

Intra-day view: AUD/USD jumped to open higher after the opening today. The upward momentum has slightly strengthened, and the AUD/USD is likely to rise, facing strong resistance at 0.6620. Support is at 0.6570, followed by 0.6555. 1-3 week view: We have been negative on the AUD/USD since early last month. AUD/USD jumped to a higher open today and rose above 0.6600. Although our strong resistance levels have not been significantly breached, the downward momentum has largely abated. From here, the AUD/USD is expected to trade between 0.6535 and 0.6655.

Intra-day view: AUD/USD jumped to open higher after the opening today. The upward momentum has slightly strengthened, and the AUD/USD is likely to rise, facing strong resistance at 0.6620. Support is at 0.6570, followed by 0.6555. 1-3 week view: We have been negative on the AUD/USD since early last month. AUD/USD jumped to a higher open today and rose above 0.6600. Although our strong resistance levels have not been significantly breached, the downward momentum has largely abated. From here, the AUD/USD is expected to trade between 0.6535 and 0.6655.

Intra-day view: GPB/USD opened higher today. The price action provides no new clues, and GPB/USD is expected to trade in the range of 1.2890-1.2980. 1-3 week view: The GPB/USD has to break below and stay below 1.2845 in order to see a sustained decline. The downward momentum has slowed and the likelihood of GPB/USD breaking below 1.2845 has diminished. However, only a clear break above 1.2985 would indicate that downside risks have diminished.

Intra-day view: GPB/USD opened higher today. The price action provides no new clues, and GPB/USD is expected to trade in the range of 1.2890-1.2980. 1-3 week view: The GPB/USD has to break below and stay below 1.2845 in order to see a sustained decline. The downward momentum has slowed and the likelihood of GPB/USD breaking below 1.2845 has diminished. However, only a clear break above 1.2985 would indicate that downside risks have diminished.

Intra-day view: The EUR/USD jumped short and the outlook was mixed. The EUR/USD is expected to trade sideways today or remain within Friday's range of 1.831-1.0905. 1-3 week view: Upward momentum is starting to build, but any rise in the EUR/USD could face significant resistance at 1.0935. While the build-up of momentum has slowed after the pullback, as long as it does not break below 1.0815, we think there is still a chance for the EUR/USD to rise.

Intra-day view: The EUR/USD jumped short and the outlook was mixed. The EUR/USD is expected to trade sideways today or remain within Friday's range of 1.831-1.0905. 1-3 week view: Upward momentum is starting to build, but any rise in the EUR/USD could face significant resistance at 1.0935. While the build-up of momentum has slowed after the pullback, as long as it does not break below 1.0815, we think there is still a chance for the EUR/USD to rise.

Market Status WTI crude oil is currently trading near $70.75 per barrel, showing a consolidation pattern. Looking at the 4-hour chart, prices have entered a consolidation phase following the previous upward movement. Key Price Levels • Upper Resistance: $71.40 • Current Price: $70.75 • Lower Support: $69.20 • Critical Support: $68.00

Market Status WTI crude oil is currently trading near $70.75 per barrel, showing a consolidation pattern. Looking at the 4-hour chart, prices have entered a consolidation phase following the previous upward movement. Key Price Levels • Upper Resistance: $71.40 • Current Price: $70.75 • Lower Support: $69.20 • Critical Support: $68.00

Here are some enjoyments of Forex trading: Financial Benefits: 1. Potential profits: Earn significant returns on investment. 2. Passive income: Automated trading strategies can generate passive income. 3. Financial freedom: Achieve financial independence through successful trading. Personal Growth: 1. Learning and development: Improve analytical and problem-solving skills. 2. Self-discipline: Develop patience, focus, and emotional control. 3. Confidence boost: Successful trades enhance self-assurance. Thrill and Excitement: 1. Market volatility: Experience the thrill of rapid price movements. 2. Strategic planning: Execute complex trading strategies. 3. Risk and reward: Balance risk management with potential profits. Flexibility and Convenience: 1. 24/5 trading: Trade anywhere, anytime (Monday to Friday). 2. Mobile trading: Access markets via mobile devices. 3. Remote work: Trade from home or while traveling. Social Benefits: 1. Community engagement: Join online forums and trading groups. 2. Networking: Connect with experienced traders and mentors. 3. Shared knowledge: Learn from others and share your expertise. Intellectual Challenge: 1. Market analysis: Apply technical and fundamental analysis. 2. Strategic thinking: Develop and refine trading strategies. 3. Problem-solving: Adapt to changing market conditions. Sense of Accomplishment: 1. Overcoming challenges: Mastering trading skills and overcoming obstacles. 2. Achieving goals: Reach trading milestones and targets. 3. Personal satisfaction: Feel accomplished through successful trades. I Keep in mind that Forex trading also involves risks, and it's essential to approach it with caution and responsible risk management.

Here are some enjoyments of Forex trading: Financial Benefits: 1. Potential profits: Earn significant returns on investment. 2. Passive income: Automated trading strategies can generate passive income. 3. Financial freedom: Achieve financial independence through successful trading. Personal Growth: 1. Learning and development: Improve analytical and problem-solving skills. 2. Self-discipline: Develop patience, focus, and emotional control. 3. Confidence boost: Successful trades enhance self-assurance. Thrill and Excitement: 1. Market volatility: Experience the thrill of rapid price movements. 2. Strategic planning: Execute complex trading strategies. 3. Risk and reward: Balance risk management with potential profits. Flexibility and Convenience: 1. 24/5 trading: Trade anywhere, anytime (Monday to Friday). 2. Mobile trading: Access markets via mobile devices. 3. Remote work: Trade from home or while traveling. Social Benefits: 1. Community engagement: Join online forums and trading groups. 2. Networking: Connect with experienced traders and mentors. 3. Shared knowledge: Learn from others and share your expertise. Intellectual Challenge: 1. Market analysis: Apply technical and fundamental analysis. 2. Strategic thinking: Develop and refine trading strategies. 3. Problem-solving: Adapt to changing market conditions. Sense of Accomplishment: 1. Overcoming challenges: Mastering trading skills and overcoming obstacles. 2. Achieving goals: Reach trading milestones and targets. 3. Personal satisfaction: Feel accomplished through successful trades. I Keep in mind that Forex trading also involves risks, and it's essential to approach it with caution and responsible risk management.

On Friday, despite a surprise in the October payrolls report, the market was not affected enough by the data distorted by hurricanes and the Boeing workers' strike to prompt the Fed to cut interest rates sharply, and the dollar index turned V-shaped and nearly recovered all of its weekly losses, ending down 0.4% at 104.31. Treasury yields rebounded from session lows, with the benchmark 10-year yield closing at 4.386 percent. The yield on the two-year Treasury note, which is more sensitive to monetary policy, closed at 4.21 percent. The non-agricultural population is close to zero, but there are too many intervention factors, and the reference value is reduced. But the data was too weak and the previous reading was revised down, which could suggest that the labor market is indeed weakening. However, the unemployment rate remained at 4.1%, defying previous Sam's Law fears. The market further priced follow-up interest rate cut expectations, and the probability of interest rate cut in December has risen. The probability of Trump's victory continues to decline, and it remains to be seen whether the trend can be maintained if Harris is elected. The foreign exchange market is now leaning towards a big Republican victory, according to ING. If so, we suspect the dollar could give up some of its recent gains. And a dovish Fed meeting could exacerbate that move. EUR/USD: First support: 1.0844 First resistance: 1.0918 Second support: 1.08 Second resistance: 1.0949 GBP/USD: First support: 1.292 First resistance: 1.3016 Second support: 1.2854 Second resistance: 1.3046

On Friday, despite a surprise in the October payrolls report, the market was not affected enough by the data distorted by hurricanes and the Boeing workers' strike to prompt the Fed to cut interest rates sharply, and the dollar index turned V-shaped and nearly recovered all of its weekly losses, ending down 0.4% at 104.31. Treasury yields rebounded from session lows, with the benchmark 10-year yield closing at 4.386 percent. The yield on the two-year Treasury note, which is more sensitive to monetary policy, closed at 4.21 percent. The non-agricultural population is close to zero, but there are too many intervention factors, and the reference value is reduced. But the data was too weak and the previous reading was revised down, which could suggest that the labor market is indeed weakening. However, the unemployment rate remained at 4.1%, defying previous Sam's Law fears. The market further priced follow-up interest rate cut expectations, and the probability of interest rate cut in December has risen. The probability of Trump's victory continues to decline, and it remains to be seen whether the trend can be maintained if Harris is elected. The foreign exchange market is now leaning towards a big Republican victory, according to ING. If so, we suspect the dollar could give up some of its recent gains. And a dovish Fed meeting could exacerbate that move. EUR/USD: First support: 1.0844 First resistance: 1.0918 Second support: 1.08 Second resistance: 1.0949 GBP/USD: First support: 1.292 First resistance: 1.3016 Second support: 1.2854 Second resistance: 1.3046

If the weekend shift in betting markets is anything to go by, Democratic presidential candidate Harry Harris has a lot of momentum. With less expansionary fiscal policy than Trump advocated, traders rushed to price in the reduced risk of a red wave in Congress, which caused the dollar to open weaker today and the euro and Australian dollar to briefly turn bullish. In other words, this is the betting market's reaction to the apparent shift from Trump to Harris in key swing state races. While the market is skeptical of the reliability of the poll results, there is no denying that the market continues to be influenced by it as Election Day approaches. Despite an important reversal pattern in EUR/USD on Friday, Monday's opening move largely negated that signal. The Harris trade is reflected in momentum indicators in Europe and the United States, with the Relative Strength Indicator (RSI) moving higher and the MACD showing a bottom gold cross confirming the bullish signal. However, given the volatile price action and lack of long-term bullish momentum, I would not be overly bullish on this signal. The short-term bias is still to buy EUR/USD on dips, especially if the market continues with the Harris trade. EUR/USD support is expected at 1.0832, 1.0778 and 1.0768 (key here). Resistance stands at 1.0906 and 1.0952.

If the weekend shift in betting markets is anything to go by, Democratic presidential candidate Harry Harris has a lot of momentum. With less expansionary fiscal policy than Trump advocated, traders rushed to price in the reduced risk of a red wave in Congress, which caused the dollar to open weaker today and the euro and Australian dollar to briefly turn bullish. In other words, this is the betting market's reaction to the apparent shift from Trump to Harris in key swing state races. While the market is skeptical of the reliability of the poll results, there is no denying that the market continues to be influenced by it as Election Day approaches. Despite an important reversal pattern in EUR/USD on Friday, Monday's opening move largely negated that signal. The Harris trade is reflected in momentum indicators in Europe and the United States, with the Relative Strength Indicator (RSI) moving higher and the MACD showing a bottom gold cross confirming the bullish signal. However, given the volatile price action and lack of long-term bullish momentum, I would not be overly bullish on this signal. The short-term bias is still to buy EUR/USD on dips, especially if the market continues with the Harris trade. EUR/USD support is expected at 1.0832, 1.0778 and 1.0768 (key here). Resistance stands at 1.0906 and 1.0952.

Based on the new information from the past week, here's our logical adjustment: Data Perspective: U.S. GDP preliminary reading came in below expectations at 2.8% YoY, while personal consumption grew 3.7% YoY, exceeding forecasts. Core PCE price index rose 2.2% YoY, above expectations. September personal income increased 0.3% MoM, meeting expectations, while personal spending rose 0.5% MoM, surpassing forecasts. September PCE price indices matched expectations, but core PCE reached 2.7% YoY, higher than anticipated. Weekly jobless claims at 216K and continuing claims at 1.862M both beat expectations. October NFP showed just 12,000 jobs added, with downward revisions for previous months. Unemployment rate held at 4.1% as expected. Average hourly earnings exceeded MoM expectations while meeting YoY forecasts. The muted market reaction to Friday's weak NFP partly reflects pre-pricing of hurricane impacts (Bloomberg even forecasted negative numbers) and significant seasonal adjustment factors, coupled with the survey unemployment decline. Earnings Season Analysis: Results have been mixed thus far. Notably, there's significant disparity at individual stock levels, particularly regarding Trump trade implications. The market appears to have underpriced potential negative impacts on U.S. companies vulnerable to Trump's trade policies. However, some shrewd traders have recognized the overcrowded Trump trade, evidenced by Friday's CFTC data showing substantial 10Y CALL Options - traders implementing butterfly spreads for hedging in high IV environment. The FX market shows record AUD Call position increases for hedging. Trump Trade Considerations: Even assuming a Trump victory, several factors remain underdeveloped in current pricing: Underestimated "Red Wave" probability Republicans leading Senate with potential House sweep Trump 2.0 tariffs potentially exceeding 1.0 impact Geopolitical risks, particularly EU market vulnerability Election Uncertainty: Significant uncertainties persist: Polymarket showing declining Trump

Based on the new information from the past week, here's our logical adjustment: Data Perspective: U.S. GDP preliminary reading came in below expectations at 2.8% YoY, while personal consumption grew 3.7% YoY, exceeding forecasts. Core PCE price index rose 2.2% YoY, above expectations. September personal income increased 0.3% MoM, meeting expectations, while personal spending rose 0.5% MoM, surpassing forecasts. September PCE price indices matched expectations, but core PCE reached 2.7% YoY, higher than anticipated. Weekly jobless claims at 216K and continuing claims at 1.862M both beat expectations. October NFP showed just 12,000 jobs added, with downward revisions for previous months. Unemployment rate held at 4.1% as expected. Average hourly earnings exceeded MoM expectations while meeting YoY forecasts. The muted market reaction to Friday's weak NFP partly reflects pre-pricing of hurricane impacts (Bloomberg even forecasted negative numbers) and significant seasonal adjustment factors, coupled with the survey unemployment decline. Earnings Season Analysis: Results have been mixed thus far. Notably, there's significant disparity at individual stock levels, particularly regarding Trump trade implications. The market appears to have underpriced potential negative impacts on U.S. companies vulnerable to Trump's trade policies. However, some shrewd traders have recognized the overcrowded Trump trade, evidenced by Friday's CFTC data showing substantial 10Y CALL Options - traders implementing butterfly spreads for hedging in high IV environment. The FX market shows record AUD Call position increases for hedging. Trump Trade Considerations: Even assuming a Trump victory, several factors remain underdeveloped in current pricing: Underestimated "Red Wave" probability Republicans leading Senate with potential House sweep Trump 2.0 tariffs potentially exceeding 1.0 impact Geopolitical risks, particularly EU market vulnerability Election Uncertainty: Significant uncertainties persist: Polymarket showing declining Trump

Key Battleground Updates: AZ: Trump 76% vs Harris 24% GA: Trump 64% vs Harris 36% NV: Trump 59% vs Harris 41% PA: Trump 54% vs Harris 46% WI: Harris 58% vs Trump 42% MI: Harris 59% vs Trump 41% Electoral Weight: Trump leading 52 electoral votes Harris ahead in 25 electoral votes Pennsylvania (19 EV) crucial swing Total of 77 EV in play Market Watch: USD volatility expected Energy sector alert on Trump lead Tech sensitive to Harris gains Critical: Monitor PA odds for market direction. #Election2024 #Trading #Markets #Politics

Key Battleground Updates: AZ: Trump 76% vs Harris 24% GA: Trump 64% vs Harris 36% NV: Trump 59% vs Harris 41% PA: Trump 54% vs Harris 46% WI: Harris 58% vs Trump 42% MI: Harris 59% vs Trump 41% Electoral Weight: Trump leading 52 electoral votes Harris ahead in 25 electoral votes Pennsylvania (19 EV) crucial swing Total of 77 EV in play Market Watch: USD volatility expected Energy sector alert on Trump lead Tech sensitive to Harris gains Critical: Monitor PA odds for market direction. #Election2024 #Trading #Markets #Politics

Market Overview: After a significant rise in October, the current price of USD/JPY has reached a weekly resistance level, and a technical pullback may be on the horizon. Trading Recommendations: 1. Short-Term Strategy: o Consider taking profits by exiting some long positions near the current price. o You may also look to establish short positions, anticipating a price pullback. 2. Support Levels to Watch: o Focus on support levels around 149.0 and 147.3. If the price drops to these areas, consider buying on dips. Risk Warning: • Be mindful of market volatility and set appropriate stop-loss levels to manage risk. •

Market Overview: After a significant rise in October, the current price of USD/JPY has reached a weekly resistance level, and a technical pullback may be on the horizon. Trading Recommendations: 1. Short-Term Strategy: o Consider taking profits by exiting some long positions near the current price. o You may also look to establish short positions, anticipating a price pullback. 2. Support Levels to Watch: o Focus on support levels around 149.0 and 147.3. If the price drops to these areas, consider buying on dips. Risk Warning: • Be mindful of market volatility and set appropriate stop-loss levels to manage risk. •

Forex trading involves exchanging currencies on the global market. Here's an overview of the experience: Pros: 1. Liquidity: Forex markets are highly liquid, with vast trading volumes. 2. Flexibility: Trade 24/5, Monday to Friday. 3. Leverage: Use margin to control large positions with minimal capital. 4. Diversification: Access to major, minor, and exotic currency pairs. Cons: 1. Volatility: Currency values fluctuate rapidly. 2. Risk: Potential losses can exceed deposits. 3. Complexity: Requires market analysis and strategy. 4. Emotional challenge: Managing emotions, discipline, and patience. Key skills: 1. Technical analysis: Chart patterns, indicators. 2. Fundamental analysis: Economic news, events. 3. Risk management: Stop-loss, position sizing. 4. Strategy development: Adapt to market conditions. Tips for beginners: 1. Educate yourself: Online resources, courses. 2. Start with demos: Practice risk-free. 3. Begin small: Manageable positions. 4. Stay updated: Market news, analysis. Popular Forex platforms: 1. MetaTrader (MT4/MT5) 2. cTrader 3. NinjaTrader 4. TradingView Regulatory bodies: 1. National Futures Association (NFA) 2. Commodity Futures Trading Commission (CFTC) 3. Financial Conduct Authority (FCA) 4. Australian Securities and Investments Commission (ASIC) Remember, Forex trading involves risks. Ensure you understand the markets, manage risk effectively,and stay disciplined.

Forex trading involves exchanging currencies on the global market. Here's an overview of the experience: Pros: 1. Liquidity: Forex markets are highly liquid, with vast trading volumes. 2. Flexibility: Trade 24/5, Monday to Friday. 3. Leverage: Use margin to control large positions with minimal capital. 4. Diversification: Access to major, minor, and exotic currency pairs. Cons: 1. Volatility: Currency values fluctuate rapidly. 2. Risk: Potential losses can exceed deposits. 3. Complexity: Requires market analysis and strategy. 4. Emotional challenge: Managing emotions, discipline, and patience. Key skills: 1. Technical analysis: Chart patterns, indicators. 2. Fundamental analysis: Economic news, events. 3. Risk management: Stop-loss, position sizing. 4. Strategy development: Adapt to market conditions. Tips for beginners: 1. Educate yourself: Online resources, courses. 2. Start with demos: Practice risk-free. 3. Begin small: Manageable positions. 4. Stay updated: Market news, analysis. Popular Forex platforms: 1. MetaTrader (MT4/MT5) 2. cTrader 3. NinjaTrader 4. TradingView Regulatory bodies: 1. National Futures Association (NFA) 2. Commodity Futures Trading Commission (CFTC) 3. Financial Conduct Authority (FCA) 4. Australian Securities and Investments Commission (ASIC) Remember, Forex trading involves risks. Ensure you understand the markets, manage risk effectively,and stay disciplined.

Top forex brokers like IG, OANDA, and TD Ameritrade provide various educational resources, including webinars, tutorials, and demo accounts, to help traders improve their skills. Exploring their websites can help you find the best training options for your needs.

Top forex brokers like IG, OANDA, and TD Ameritrade provide various educational resources, including webinars, tutorials, and demo accounts, to help traders improve their skills. Exploring their websites can help you find the best training options for your needs.

When selecting a broker, "added value" refers to factors that enhance your trading experience beyond basic services. This includes competitive spreads, low commissions, improved fee structures, quality customer support, educational resources, and advanced trading tools that align with your strategy.

When selecting a broker, "added value" refers to factors that enhance your trading experience beyond basic services. This includes competitive spreads, low commissions, improved fee structures, quality customer support, educational resources, and advanced trading tools that align with your strategy.