RBA Lowers Policy Rate to 1.25%. Two of Big Four Pledge to Pass the Cut to Market in Full
For the first time in 3 years, RBA lowered the cash rate by -25 bps to 1.25%, a fresh record low, in June. The rate cut had been well anticipated as the members sought to support the labor market and...
Elliott Wave View: Impulsive Rally In $GDX
Elliott wave view in Gold Miners ETF ($GDX) suggests the pullback to $20.26 ended wave (2). Wave (3) is currently in progress and the internal subdivides as an impulse Elliott Wave structure. Up from $20.26, Wave ((i)) ended at $20.88,...
ECB to Add More Dovish Notes: Focus on Forward Guidance Extension and Pricing of TLTRO-III
We expect the ECB to deliver a more dovish message in June. We expect to see changes in the forward guidance. ECB would also announce the technical details of TLTRO-III. The economic projections would probably similar to the previous ones,...
Stocks making the biggest moves after hours: Box, Coupa and more
Traders and financial professionals work at the opening bell on the floor of the New York Stock Exchange (NYSE), June 3, 2019 in New York City. Drew Angerer | Getty Images News | Getty Images Check out the companies making...