US, Japan, and the European Central Bank meetingsThe US dollar index continued to decline in December 2023, dropping over 2% on top of the nearly 3% fall in November. $USD Index(USDindex.FOREX)$ $Invesco DB US Dollar Index Bullish Fund(UUP)$ The unexpected shift in the December Fed meeting was a significant factor in the dollar's weakness. Fed Chair Powell, in the press conference following the meeting, abandoned the previous "higher for longer" rhetoric and hinted that rate cuts could begin before inflation returns to 2%. These changes caused the market to reevaluate the timing and extent of Fed rate cuts. In December, US bond yields further significantly declined, driving up risk assets. The do

Hi Tigers,Welcome to our Interview with Dream, a professional trader and content manager with 10 years investing experience. @程俊Dream has held positions as Content Manager at wallstreetcn news. He currently serves as a special guest strategy lecturer for multiple exchanges.Let's dive into his perspective on the gold futures and US stock market trend.1. Could you share your investment journey with us?I entered the financial market in 2007. In 2008, I was fortunate to capitalize on the first round of Quantitative Easing (QE) in the US, making a successful trade with the Euro. A more recent satisfying trade was in 2019/2020 when I went long on $Gold - main 2312(GCmain)$ after it experienced a

Central bank's monetary policy can have an impact on the U.S. stock market. By adjusting interest rates and printing money, the central bank can influence the money supply and economic activity, potentially affecting investors' decisions and thus impacting the stock market's performance.We have observed recent actions by the central bank, providing guidance to investors. The Federal ReserveThe July FOMC meeting of the Federal Reserve aligned with market expectations, raising interest rates by 25 basis points to 5.25-5.5%. The June dot plot indicated two more rate hikes within the year, one of which was implemented in July. However, even Fed Chairman Powell remained ambiguous about the timing of the final rate hike, stating that it would depend on data and circumstances.We believe that sinc

While much of the return this year is being made by U.S. tech companies, several European indices are at or near all-time highs. There are several explanations for this. For one, the banking crisis seems to be primarily an American problem after all (Credit Suisse had major problems even before the banking crisis) and this is then combined with the debt ceiling crisis, another typical American problem. Moreover, European equities are relatively cheap. The euro has also been able to gain some value against the dollar although the scope for a continuation there seems limited. Then, of course, there is a remarkable drop in gas prices, now some 90 percent below their August peak. Last year everyone still assumed that such high energy prices would inevitably push Europe into recession, but the

US percentage M2 growth — dollar liquidity declines The development of the US dollar is highly relevant to the direction of financial markets. Whether the world likes it or not, the world does depend on the US dollar. The only one that can print additional dollars is the US Federal Reserve. This effectively makes the Fed the world’s central bank. Since March 2021, the growth of dollar liquidity has been declining (i.e. the second derivative), as can also be seen from the development of the M2 money supply in the United States. The peak in M2 coincided with the peak in more speculative assets such as cryptocurrencies, SPACs, IPOs and shares of companies that do not make profits but were highly valued. Now, money supply growth is at a point where in the past there was usually a significant f

Under most circumstances, equity investors are not sensitive to currencies, but since the second half of this year, almost all currencies in the world have depreciated to US dollars, which may "unexpectedly" affect the performance of Q3.Fed's interest rate increase is one reason, major economies except Japan (the Bank of Japan has adopted extensionary monetary policy) are actually following. Why their currencies still clapse?Russia-Ukraine crisis would be another reason, then why commodity currencies like Canadian dollar and Australian dollar can't get rid of the decline neither?Degree of depreciation of major currencies against the US dollar this yearThe pivotal reason&n

DAX 40, FTSE 100, EUROSTOXX 50, Dollar, GBPUSD, EURUSD - Elliott Wave Trading Strategies$Euro FX - main 2212(EURmain)$ $British Pound - main 2212(GBPmain)$ $DAX - main 2212(FDAXmain)$ DAX Performance Index ^GDAXI INDEXDB: DAX 40 Chart and Forecasts. FTSE 100 Index, EURO STOXX 50, Forex EURUSD GBPUSD DXY Dollar Index Elliott Wave Technical AnalysisEuropean Stock Market Daily News Headlines:Sterling GBPUSD plunges to all-time low in scathing appraisal of fiscal plan close to parity.Market Indices Overview: The corrective rally competed nicely and Wave (iv) of 3 lower is on track for shor