To The Moon

Hello everyone! Today i want to share some technical analysis with you!1. $.DJI(.DJI)$ 11th in a row?Almost unheard of--DJI closes RED for 10 consequtive days. Although I think the previous day's low will be tested and broken, today's bar has to be GREEN. That is my bet.2.Three lines to watch for $.SPX(.SPX)$ : MA50, 100 & 200. If closes lower than 5924 (MA50), high likely to visit next line around 5770 (MA100). By the same token, if 5770 lost, then the BLACK LINE around 5523. Yeah, a bit ahead of ourselves here, but this correction is at a higher level.Follow me to learn more about analysis!!

$Tesla Motors(TSLA)$ Even with today's tumble, Tesla's mkt cap is still worth more than the next 62 global car companies combined. Never have I ever seen such distortion.I am heavy into TESLA they have so much happening. Cars, Cybertruck, TESLA Semi, FSD, AI, Solar, Battery Storage, Super-charging, Lithium refinery, AI... Elon Musk and Donald Trump are close. Good times ahead![Smart][Smart][Smart]Time will tell!

Hello everyone! Today i want to share some technical analysis with you!1. $Cboe Volatility Index(VIX)$ 📈+74%What’s the market without a little volatility, right? 🎢2. $Amazon.com(AMZN)$ Bink. 🎯 3. $NVIDIA(NVDA)$ Are you getting nervous, anon? 🫣 4. $Invesco S&P 500 Equal Weight ETF(RSP)$ Just when you thought things couldn't get any worse for the equal weight S&P 500...13 RED DAYS IN A ROW. ☠️5. $SPDR S&P 500 ETF Trust(SPY)$ WHAT A MOVE. 🩸 $SPYHighest one-day volume since the August 5th bottom.Follow me to learn more about analysis!!

$.SPX(.SPX)$ thoughts: the index remains above its short term moving average (6023)— breadth as measured by net new highs across NYSE and Nasdaq markets has been negative for three consecutive sessions, and momentum is pointing downward. There is significant psychological support at 6000. In the scenario where pride trades below 6000, breadth is negative and momentum pointing down— I will take defensive position. Otherwise I remain positioned for melt-up trade via ARKK, and a handful of other small cap US equities. Outside of the US equities I remain a bull participant in Chinese equities like $Alibaba(BABA)$ and $TENCENT(00700)$ . I view the most recent decline

Hello everyone! Today i want to share some macro analysis with you! $E-Micro Gold - main 2502(MGCmain)$ $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold price managed to break below the intraday bullish trend line and stabilised below it, reinforcing the expectation of a continuation of the bearish trend on an intraday basis, mainly waiting for a visit to the $2,615.00 and subsequently the $2,600.00 level.Stochastic has clearly lost its positive momentum, supporting the downward expectation that a break above $2687 will stop the bearish wave and lead the price back to the main bullish track again.Today's trading range is expected to be bet

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2502(GCmain)$ Tuesday (December 17) Asian morning trading, spot gold narrow range shock, currently trading at 2652.01 U.S. dollars / ounce near. Gold prices bottomed out on Monday, early in the session had fallen to a one-week low of 2643.41 U.S. dollars / ounce, closed near 2652.50 U.S. dollars / ounce, by the ongoing geopolitical concerns and the dollar weakened support, however, the market is waiting for the Federal Reserve's policy meeting, the wait-and-see mood is stronger, the overall trading is more cautious; is expected to be a third rate cut by the Federal Reserve, and to provide clues about the outlook for the year 2025. The selling strategy given yest

Hello everyone! Today i want to share some technical analysis with you!1.The Limit of $Tesla Motors(TSLA)$ : (1) For the last 2.5 years, TSLA formed a large side-way triangle to store energy for the next leg up. (2) now, with a clear breakout of the resistance & ATH, TSLA opens up a new limit for the next leg up. (3) the yellow bar is a rough gauge--yeah, 1K.2.Yeah, $.DJI(.DJI)$ closes red, the EIGHTH in a row--I can't remember when was the last time that the leader group is in such a total retrace mood while SPX is hanging near ATH.Follow me to learn more about analysis!!

Monday (December 16) Asian morning trading, spot gold narrow oscillation, currently trading in the vicinity of 2650.30 U.S. dollars / ounce. Gold prices hit a new high of 2726.05 more than five weeks last Thursday after profit-taking, on Friday to continue the downtrend, the lowest touched 2646 U.S. dollars near, for nearly a week low, U.S. bond yields continue to rise, and refresh the nearly three-week highs, so that the gold price continues to be under pressure.From a technical point of view, gold prices still have the risk of retracement in the short term, but 2605-2666 is the previous oscillation range, but also a dense turnover area, need to pay attention to. $Gold - main 2502(GCmain)$ $XAU/U

My Investing Muse (16Dec24) Layoffs & Closure news Evonik aims to spin off assets and could shed 7,000 jobs - Reuters Another low-cost airline filed for Chapter 11. GOL announced on Dec. 10 that it filed a reorganization plan that promises to convert $1.7 billion of debt into equity and raise $1.85 billion of new financing through new investors. - The Street Luxury Brands Face A Retail Labor Crisis As 51% Of Employees Plan To Leave Their Jobs - Forbes Cruise, SF's embattled self-driving car company, is finally folding after $10B in losses - SF Gate Supply Chain News In 2025 the deliveries of new vessels will again raise the capacity oversupply, said Braemar, “even allowing for Red Sea avoidance, oversupply is expected to increase from 3-4% in 2024 to 7-8% in 2025,” said the broker. - S

News and my thoughts from last week (16Dec24) US BANK DEPOSITS FELL TO $17.839 TLN FROM $17.906 TLN IN PRIOR WEEK. Image The US budget deficit spiked by a massive $367 billion in November 2024. This was $14 billion above the median expectation of $353 billion. For the first 2 months of the Fiscal Year 2025, the total deficit now stands at $624 BILLION, the highest on record. This is up a staggering 64% from the $380 billion seen last year and above 2020 pandemic levels. To put this into perspective, the budget gap was 3 TIMES lower on average during the 2013-2017 period. The debt crisis is worsening. - X user The Kobeissi Letter Entitlement can bend reality The average contract interest rate for 30-year fixed-rate mortgages to 6.67% from 6.69% Applications to refinance a home loan surged 2

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (16Dec24) Notable Highlights FOMC interest rate decision will be the most watched news in the coming week. The market expects an interest rate cut. A contrary decision is likely to cause some market volatility. The core PCE Price Index will be the next most watched indicator for inflation. This is the preferred reference that the Federal Reserve uses for inflation. Surprises in this can lead to market volatility. S&P Global US Manufacturing PMI reflects the growth or contraction of the manufacturing sector. The Philadelphia Fed Manufacturing Index shows the development of the manufacturing sectors in Philadelphia. S&P Global US Se

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (16Dec24) Notable Highlights FOMC interest rate decision will be the most watched news in the coming week. The market expects an interest rate cut. A contrary decision is likely to cause some market volatility. The core PCE Price Index will be the next most watched indicator for inflation. This is the preferred reference that the Federal Reserve uses for inflation. Surprises in this can lead to market volatility. S&P Global US Manufacturing PMI reflects the growth or contraction of the manufacturing sector. The Philadelphia Fed Manufacturing Index shows the development of the manufacturing sectors in Philadelphia. S&P Global US Services PMI reflects the g

Hello everyone! Today i want to share some macro analysis with you!1.Gold closed down nearly $38 yesterday. This was partly attributed to investors taking profits after gold prices hit a 5-week high in early trading, rushing to close out positions ahead of next week's Fed meeting. In addition, higher U.S. bond yields also hit gold prices.Gold ended Thursday's session tumbling $37.85, or 1.39%, to $2,679.94.Gold prices tumbled on Thursday as traders took profits following the fiery U.S. PPI data, which beat expectations and hinted that the anti-inflationary process may be stalling. In addition, gold was also pressured by a modest 1.5 basis point jump in the yield on the US 10-year Treasury note to 4.289 % $Gold - main 2502(GCmain)$

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ TECHNICAL: Gold prices provided a clear buying trade yesterday, reaching the $2725 area, reinforcing the expectation of a continuation of the bullish trend in the upcoming trade, reminding you that the target we are waiting for is located at $2,745, a break of which is the key towards the recently recorded all-time high of $2,790.At the same time, considering that a break below $2,670 would stop the bullish wave and push the price to turn down, the stochastic indicator is still negative, which would hamper the task of bouncing back towards the awaited target.Today's trading

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ On Tuesday (10 December), the price of gold surged nearly $34 to a two-week high, supported by rising geopolitical tensions to strong expectations of a Fed rate cut next week.Gold prices surged towards $2,700 per ounce, supported by strong market expectations that the Federal Reserve will cut interest rates in December this year. Investors are now waiting for the key U.S. Consumer Price Index (CPI) data.Gold closed surging $33.75, or 1.27 per cent, at $2,693.78 per ounce on Tuesday.Follow me to learn more about analysis!!

1.Fast Growth-easy to grow fast once-hard to grow fast consistentlyConsistent fast growth is rare and special (and unusual --unlikely; cherish it if you find it, doubt if you're sold it!!) $.SPX(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ Image2.No one will believe this is possible. 😐 But here's a question...What if it happens?What if what worked magnificently over the past decade dumps and the rest trumps? Image3.Long-term US Corporate Earnings growth in perspective:Image

My Investing Muse (09Dec24) Layoffs & Closure news Intel's biggest revenue decline in five quarters to hit amid broad layoffs and missed AI boom - Calcalitech.com UK-based wealth manager St James’s Place is planning to cut about 500 jobs in an attempt to reduce costs under chief executive Mark FitzPatrick. - FT Cargill plans to cut around 5% of global employees, internal memo says - Yahoo Finance Layoffs could be companies trimming their fats or their efforts to stay afloat. This may not always be bad news. Image US restaurant bankruptcies are accelerating: There have now been 14 bankruptcies in restaurant chains with $20+ million in revenue this year, the highest number since 2020. This is up 133% compared to 2022 when 6 large chains with at least $20 million in annual revenue went ba

News and my thoughts from last week (09Dec24) Image Image 67 $SPX companies have issued negative EPS guidance for Q4 2024, which is above the 5-year average of 56 and above the 10-year average of 62 - X user FactSet Image FOMO (Fear of missing out) can be a crippling emotion that can drive us to buying too late & selling too early. Emotional management is key to long-term success. I have exited some of my positions as weakening fundamentals or overvaluation provide opportunities to take profits & stop losses. Let us take stock of our 2024 lessons, adding refinement and better controls to our investing strategy for 2025. Image The Conference Board Leading Economic Index® (LEI) for the US declined by 0.4% in October 2024 to 99.5 (2016=100), following a 0.3% decline in September (revi

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (09Dec24) Notable Highlights The most watched macro data will be the Core CPI and CPI data. This is one of the references for inflation. This would be closely watched data as the Federal Reserve is likely to have this as part of the consideration for the coming interest rate decision in Dec 2024. The next important economic data will be PPI. This represents the inflation that hit producers/manufacturers - an amount that is likely to translate into inflation for the consumers when their products hit the shelves. This can be seen as a prelude to CPI (inflation). If there is an increase in PPI, the impact will also be seen in CPI. The 1

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (09Dec24) Notable Highlights The most watched macro data will be the Core CPI and CPI data. This is one of the references for inflation. This would be closely watched data as the Federal Reserve is likely to have this as part of the consideration for the coming interest rate decision in Dec 2024. The next important economic data will be PPI. This represents the inflation that hit producers/manufacturers - an amount that is likely to translate into inflation for the consumers when their products hit the shelves. This can be seen as a prelude to CPI (inflation). If there is an increase in PPI, the impact will also be seen in CPI. The 10-year Note auction will be a

Hello everyone! Today i want to share some technical analysis with you!1. $.DJI(.DJI)$ 11th in a row?Almost unheard of--DJI closes RED for 10 consequtive days. Although I think the previous day's low will be tested and broken, today's bar has to be GREEN. That is my bet.2.Three lines to watch for $.SPX(.SPX)$ : MA50, 100 & 200. If closes lower than 5924 (MA50), high likely to visit next line around 5770 (MA100). By the same token, if 5770 lost, then the BLACK LINE around 5523. Yeah, a bit ahead of ourselves here, but this correction is at a higher level.Follow me to learn more about analysis!!

Hello everyone! Today i want to share some technical analysis with you!1. $Cboe Volatility Index(VIX)$ 📈+74%What’s the market without a little volatility, right? 🎢2. $Amazon.com(AMZN)$ Bink. 🎯 3. $NVIDIA(NVDA)$ Are you getting nervous, anon? 🫣 4. $Invesco S&P 500 Equal Weight ETF(RSP)$ Just when you thought things couldn't get any worse for the equal weight S&P 500...13 RED DAYS IN A ROW. ☠️5. $SPDR S&P 500 ETF Trust(SPY)$ WHAT A MOVE. 🩸 $SPYHighest one-day volume since the August 5th bottom.Follow me to learn more about analysis!!

$Tesla Motors(TSLA)$ Even with today's tumble, Tesla's mkt cap is still worth more than the next 62 global car companies combined. Never have I ever seen such distortion.I am heavy into TESLA they have so much happening. Cars, Cybertruck, TESLA Semi, FSD, AI, Solar, Battery Storage, Super-charging, Lithium refinery, AI... Elon Musk and Donald Trump are close. Good times ahead![Smart][Smart][Smart]Time will tell!

Hello everyone! Today i want to share some macro analysis with you! $E-Micro Gold - main 2502(MGCmain)$ $Gold - main 2502(GCmain)$ $XAU/USD(XAUUSD.FOREX)$ Gold price managed to break below the intraday bullish trend line and stabilised below it, reinforcing the expectation of a continuation of the bearish trend on an intraday basis, mainly waiting for a visit to the $2,615.00 and subsequently the $2,600.00 level.Stochastic has clearly lost its positive momentum, supporting the downward expectation that a break above $2687 will stop the bearish wave and lead the price back to the main bullish track again.Today's trading range is expected to be bet

$.SPX(.SPX)$ thoughts: the index remains above its short term moving average (6023)— breadth as measured by net new highs across NYSE and Nasdaq markets has been negative for three consecutive sessions, and momentum is pointing downward. There is significant psychological support at 6000. In the scenario where pride trades below 6000, breadth is negative and momentum pointing down— I will take defensive position. Otherwise I remain positioned for melt-up trade via ARKK, and a handful of other small cap US equities. Outside of the US equities I remain a bull participant in Chinese equities like $Alibaba(BABA)$ and $TENCENT(00700)$ . I view the most recent decline

Hello everyone! Today i want to share some macro analysis with you!1. $Gold - main 2502(GCmain)$ Tuesday (December 17) Asian morning trading, spot gold narrow range shock, currently trading at 2652.01 U.S. dollars / ounce near. Gold prices bottomed out on Monday, early in the session had fallen to a one-week low of 2643.41 U.S. dollars / ounce, closed near 2652.50 U.S. dollars / ounce, by the ongoing geopolitical concerns and the dollar weakened support, however, the market is waiting for the Federal Reserve's policy meeting, the wait-and-see mood is stronger, the overall trading is more cautious; is expected to be a third rate cut by the Federal Reserve, and to provide clues about the outlook for the year 2025. The selling strategy given yest

My Investing Muse (16Dec24) Layoffs & Closure news Evonik aims to spin off assets and could shed 7,000 jobs - Reuters Another low-cost airline filed for Chapter 11. GOL announced on Dec. 10 that it filed a reorganization plan that promises to convert $1.7 billion of debt into equity and raise $1.85 billion of new financing through new investors. - The Street Luxury Brands Face A Retail Labor Crisis As 51% Of Employees Plan To Leave Their Jobs - Forbes Cruise, SF's embattled self-driving car company, is finally folding after $10B in losses - SF Gate Supply Chain News In 2025 the deliveries of new vessels will again raise the capacity oversupply, said Braemar, “even allowing for Red Sea avoidance, oversupply is expected to increase from 3-4% in 2024 to 7-8% in 2025,” said the broker. - S

Hello everyone! Today i want to share some technical analysis with you!1.The Limit of $Tesla Motors(TSLA)$ : (1) For the last 2.5 years, TSLA formed a large side-way triangle to store energy for the next leg up. (2) now, with a clear breakout of the resistance & ATH, TSLA opens up a new limit for the next leg up. (3) the yellow bar is a rough gauge--yeah, 1K.2.Yeah, $.DJI(.DJI)$ closes red, the EIGHTH in a row--I can't remember when was the last time that the leader group is in such a total retrace mood while SPX is hanging near ATH.Follow me to learn more about analysis!!

News and my thoughts from last week (16Dec24) US BANK DEPOSITS FELL TO $17.839 TLN FROM $17.906 TLN IN PRIOR WEEK. Image The US budget deficit spiked by a massive $367 billion in November 2024. This was $14 billion above the median expectation of $353 billion. For the first 2 months of the Fiscal Year 2025, the total deficit now stands at $624 BILLION, the highest on record. This is up a staggering 64% from the $380 billion seen last year and above 2020 pandemic levels. To put this into perspective, the budget gap was 3 TIMES lower on average during the 2013-2017 period. The debt crisis is worsening. - X user The Kobeissi Letter Entitlement can bend reality The average contract interest rate for 30-year fixed-rate mortgages to 6.67% from 6.69% Applications to refinance a home loan surged 2

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (16Dec24) Notable Highlights FOMC interest rate decision will be the most watched news in the coming week. The market expects an interest rate cut. A contrary decision is likely to cause some market volatility. The core PCE Price Index will be the next most watched indicator for inflation. This is the preferred reference that the Federal Reserve uses for inflation. Surprises in this can lead to market volatility. S&P Global US Manufacturing PMI reflects the growth or contraction of the manufacturing sector. The Philadelphia Fed Manufacturing Index shows the development of the manufacturing sectors in Philadelphia. S&P Global US Se

Monday (December 16) Asian morning trading, spot gold narrow oscillation, currently trading in the vicinity of 2650.30 U.S. dollars / ounce. Gold prices hit a new high of 2726.05 more than five weeks last Thursday after profit-taking, on Friday to continue the downtrend, the lowest touched 2646 U.S. dollars near, for nearly a week low, U.S. bond yields continue to rise, and refresh the nearly three-week highs, so that the gold price continues to be under pressure.From a technical point of view, gold prices still have the risk of retracement in the short term, but 2605-2666 is the previous oscillation range, but also a dense turnover area, need to pay attention to. $Gold - main 2502(GCmain)$ $XAU/U

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (16Dec24) Notable Highlights FOMC interest rate decision will be the most watched news in the coming week. The market expects an interest rate cut. A contrary decision is likely to cause some market volatility. The core PCE Price Index will be the next most watched indicator for inflation. This is the preferred reference that the Federal Reserve uses for inflation. Surprises in this can lead to market volatility. S&P Global US Manufacturing PMI reflects the growth or contraction of the manufacturing sector. The Philadelphia Fed Manufacturing Index shows the development of the manufacturing sectors in Philadelphia. S&P Global US Services PMI reflects the g

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (09Dec24) Notable Highlights The most watched macro data will be the Core CPI and CPI data. This is one of the references for inflation. This would be closely watched data as the Federal Reserve is likely to have this as part of the consideration for the coming interest rate decision in Dec 2024. The next important economic data will be PPI. This represents the inflation that hit producers/manufacturers - an amount that is likely to translate into inflation for the consumers when their products hit the shelves. This can be seen as a prelude to CPI (inflation). If there is an increase in PPI, the impact will also be seen in CPI. The 10-year Note auction will be a

News and my thoughts from last week (09Dec24) Image Image 67 $SPX companies have issued negative EPS guidance for Q4 2024, which is above the 5-year average of 56 and above the 10-year average of 62 - X user FactSet Image FOMO (Fear of missing out) can be a crippling emotion that can drive us to buying too late & selling too early. Emotional management is key to long-term success. I have exited some of my positions as weakening fundamentals or overvaluation provide opportunities to take profits & stop losses. Let us take stock of our 2024 lessons, adding refinement and better controls to our investing strategy for 2025. Image The Conference Board Leading Economic Index® (LEI) for the US declined by 0.4% in October 2024 to 99.5 (2016=100), following a 0.3% decline in September (revi

What are the leading concerns in the robust, record-breaking economy? Debt is probably the leading macro concern despite the record runs for the S&P500 index, crypto and some stocks like Palantir hitting an all-time high. Debt is one man’s liability and another man’s asset. The below chart is provided by Visual Capital in 2023. A chart showing the breakdown of S&P 500 revenues What is the debt situation in America for the government, state, businesses and consumers? US debts come from a few sources including Government debt, state debt, corporate debt and consumer debts. Government Debt: The U.S. federal government's national debt has reached a record high of approximately $36 trillion. This figure is a combination of debt held by the public and intragovernmental holdings. The debt

Public Holidays There will be no public holidays in Singapore, Hong Kong, The USA or China in the coming week. Economic Calendar (02Dec24) Notable Highlights S&P Global US Manufacturing PMI and ISM Manufacturing PMI will be shared in the coming week. A figure above 50 implies growth in this sector. Of late, there has been a contraction in the manufacturing sector. ISM Manufacturing prices reflect the price pressures faced by the manufacturing. S&P Global US Services PMI and ISM non-manufacturing PMI have been showing a growing services sector. The ISM on-manufacturing prices reflect any inflationary pressures faced by the service sector. There are a few important job data including JOLTs Job openings, ADP Nonfarm employment changes, Unemployment Rate, and Average Hourly Earnings. T

My Investing Muse (09Dec24) Layoffs & Closure news Intel's biggest revenue decline in five quarters to hit amid broad layoffs and missed AI boom - Calcalitech.com UK-based wealth manager St James’s Place is planning to cut about 500 jobs in an attempt to reduce costs under chief executive Mark FitzPatrick. - FT Cargill plans to cut around 5% of global employees, internal memo says - Yahoo Finance Layoffs could be companies trimming their fats or their efforts to stay afloat. This may not always be bad news. Image US restaurant bankruptcies are accelerating: There have now been 14 bankruptcies in restaurant chains with $20+ million in revenue this year, the highest number since 2020. This is up 133% compared to 2022 when 6 large chains with at least $20 million in annual revenue went ba

Australia's ASX200 has reached record highs, signaling strong performance in traditional sectors like banking and retail. Yet beneath this market optimism lies a critical challenge: Australia's preparedness for the AI revolution. While countries like the U.S., China, and Taiwan pour resources into transformative technologies, Australia faces unique hurdles from high interest rates, unaffordable housing, and stagnant consumer spending. Without decisive action, these structural issues could leave Australia lagging in the global race for innovation and economic growth. --- 1. ASX200 Highs: Risk or Opportunity? The ASX200's strong performance reflects resilience in established industries, but its lack of tech sector representation reveals an economic blind spot. While U.S. and Asian markets in

News and my thoughts from last week (02Dec24) Image Tender rejections hit 29-month high at 6.67%. While the trucking industry always reacts to the Thanksgiving holidays, in 2022 and 2023 rejections were muted. This Thanksgiving is the first since 2019 that the industry is reacting to "normal" events. - X user Craig Fuller. TRUMP: BRICS TO FACE 100% TARIFFS IF NOT COMMITTED TO US DOLLAR. How far can one go in a tariff war when you are having a trade deficit? Big Tech spent a decade doing everything possible to be the best conceivable progressive ally. They got treated with utter contempt, pounded daily, crucified in return. A full rethinking is required. X user Marc Andreessen UKRAINE TO NATO: SEND US AN INVITE, NOW! Ukrainian Foreign Minister Andrii Sybiha urges NATO for a formal membershi

Public Holidays There will be no public holidays in Singapore, Hong Kong, or China in the coming week. America celebrates Thanksgiving from 28 Nov 2024 and here is wishing all a blessed Thanksgiving. Economic Calendar (25Nov24) Notable Highlights The most watched news in the coming week is the Core PCE Price Index - the main reference used by the Federal Reserve to reference inflation in the US economy. A lower figure can rally a bullish market that is hoping for more rate cuts. There will be an update on America’s GDP (Q3) estimated at 2.8%. China’s Manufacturing PMI will be announced in the coming week. The last reading was 50.1, which represents growth in the sector. China is one of the global factories and if the manufacture continues to expand, this implies the growing demand of the r