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Markets
Cocoa Markets Shake As Grinding Data Shows Mixed Trends
What’s going on here?Cocoa futures dipped as Europe's third-quarter grinding data showed declines, while Asia’s significant growth surprised the market, sparking volatility.What does this mean?The latest cocoa grind data sent ripples through the market: a decline in Europe was offset by robust growth in Asia and North America, which saw an 11.6%…
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San Diego’s unemployment rate dips – San Diego Union-Tribune
San Diego’s jobless rate settled into more comfortable territory in September, just a month after it had spiked to a surprising 5.1 percent.State labor officials reported Friday that the local unemployment rate sank last month to 4.6 percent amid a gain of 4,700 jobs, mostly in government and education as students and teachers returned to…
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Procter & Gamble CFO Sees ‘Right Price Levels’ in US Market
Recent challenges in key markets, particularly China and the Middle East, have significantly impacted sales for major corporations like Procter & Gamble, which reported a 1% decline in first-quarter net sales, to $21.7 billion, reflecting the effects of a sluggish Chinese economy and ongoing geopolitical tensions in the Middle East.…
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EUR/USD: ECB Lowers Rates, Markets Bet on December Cut
Key Support Levels
Support 1: 1.0825, the recent 4-hour chart swing low
Support 2: 1.0780, a daily chart swing low and trendline support
Support 3: 1.0674, a daily chart swing low and trendline support
Key Resistance Levels
Resistance 1: 1.1001, a 4-hour chart key support and resistance level
Resistance 2: 1.0950, a daily chart range resistance…
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China GDP, Japan CPI, China retail sales, industrial production, unemployment
The skyline of the central business district in Beijing on August 13, 2019. (Photo by WANG Zhao / AFP)WANG ZHAO | AFP | Getty ImagesChina's CSI 300 rebounded after the country reported better-than-expected economic growth, while most Asia-Pacific markets were mixed.China's third-quarter GDP grew 4.6% compared to the same period last year,…
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The 3 points needed for “golden triangle” of market research
Editor’s note: The below is an excerpt from the authors’ book, “The Consumer Insights Revolution: Transforming market research for competitive advantage,” published by Rethink Press (September 16, 2024).
In a data-driven world, you find yourself inundated with information pouring in from a multitude of sources, akin to a bunch of fire…
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Fed’s Interest Rate Cut And Predicting Market Moves
What’s going on here?The US Federal Reserve cut interest rates by 50 basis points at its September meeting to support low unemployment amidst easing inflation – with further cuts projected through 2026.What does this mean?The Fed's decision to reduce rates aims to bolster economic activity as inflation pressures decline, with policymakers…
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Opinion The government must protect consumers from Microsoft’s market dominance
Choice and competition are fundamental to a thriving economy. At least 42 brands sell cars in the United States, but imagine if buying a new car meant signing away your right to ever purchase or drive any other make for the rest of your life. This is, in essence, the choice Microsoft imposes on many of its customers through…
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Charts suggest bull market can continue if tech sector performs
CNBC's Jim Cramer on Wednesday said charts indicate that the bull market can roar higher if the tech sector continues to perform, especially the stock of Nvidia, a leader on the indexes."The charts, as interpreted by Jessica Inskip, are looking pretty darn good for the S&P and the Nasdaq-100, and of course, yes, Nvidia," he said. "We've got…
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Stock Market Today: Dow rises roughly 240 points, Nasdaq struggles to rebound from
Wednesday's Top ReadsHere are the top stories to read during Wednesday trading: All of Kamala Harris’s and Donald Trump’s proposed tax breaks — in two charts The bond market may be at risk from inflationary forces beyond the Fed’s control. Trump says he wants to ‘put in comments’ on rate decisions, but not give orders to Fed.Cboe Volatility…
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