Monthly Archives: March 2025

The technology sector thrives as Meta excels, whereas Broadcom faces a decline in performance

Written on March 20, 2025 at 9:21 pm, by

Technology and consumer cyclical sectors drive gains; Nvidia and Meta rise, while Broadcom declines, reflecting market fluctuations.

Last week, the US Department of Labor reported a rise to 223K in jobless claims

Written on March 20, 2025 at 8:53 pm, by

US unemployment claims rose to 223,000, with continuing claims increasing, while the US Dollar Index strengthened.

The central bank raised the overnight rate to 46% amid lira instability and introduced liquidity measures

Written on March 20, 2025 at 8:51 pm, by

The lira’s turmoil led to a rate hike; FX liquidity measures introduced; USD/TRY hovers near 37.80.

Netflix’s price rises from the blue box area, analysed through its 4-hour Elliott Wave Charts

Written on March 20, 2025 at 8:23 pm, by

Netflix’s Elliott Wave chart suggests an impulse rally, recommending buying dips, with confirmation above $1065.05.

US existing home sales reached 4.26 million, exceeding expectations amid strong housing market indicators

Written on March 20, 2025 at 8:21 pm, by

US existing home sales rose 4.2% in February to 4.26 million, exceeding expectations despite high mortgage rates.

In January, the change in Canada’s Employment Insurance beneficiaries month-on-month remained at -0.4%

Written on March 20, 2025 at 7:53 pm, by

Employment Insurance beneficiaries in Canada remained stable, while AUD/USD and EUR/USD declined amid Dollar strength.

The South African reserve bank maintains a 7.50% repo rate, with inflation predicted at 3.6%

Written on March 20, 2025 at 7:51 pm, by

The South African Reserve Bank kept the repo rate at 7.50%, while GDP growth projections declined to 1.7%.

In March, the Philadelphia Fed Manufacturing Survey for the United States exceeded expectations at 12.5

Written on March 20, 2025 at 7:23 pm, by

Philadelphia Fed Manufacturing hit 12.5 in March, USD strong, Gold corrected, and Trump discussed cryptocurrency.

After the SNB’s rate cut, USDCHF increased, breaching moving averages and reaching new daily highs

Written on March 20, 2025 at 7:21 pm, by

USDCHF rose after the SNB rate cut, surpassing key moving averages and targeting higher resistance levels ahead.

The four-week average of initial jobless claims in the US is 227K, slightly increasing

Written on March 20, 2025 at 6:53 pm, by

Jobless claims rise slightly; British pound pressured; EUR/USD rebounds; Gold hits record; Trump addresses crypto summit.

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