With President Elect Trump expected to run inflationary policies that draw heavily on tariffs imposed on China and other countries the base expectation is for more USD strength. However, this narrative is a consensus view and if Donald Trump surprises everyone with a more conciliatory view to world trade that could result in a swift rise in the EURUSD pair.
German Chancellor Olaf Scholz's coalition fractured after firing Finance Minister Christian Lindner, sparking an agreement for early German elections now set for February 23. Scholz will face a confidence vote on December 16, leading to the election if he loses.
Using Seasonax’s event feature shows us the impact of the EURUSD over the 5 German elections. Every one of them has resulted in further EUR downside.
Bitcoin surged past $82,000 for the first time last week making new highs, driven by President-elect Donald Trump's pro-crypto stance and the potential for a Congress with crypto-friendly lawmakers.
The shift in political landscape is expected to lead to more supportive regulation, boosting the crypto market. So, does this mean Bitcoin can enjoy a further rally into year end?
If CPI data on Wednesday comes in below market’s expectations markets may reprice rate cuts sooner, though a more definitive policy adjustment may be delayed if inflation proves resilient.
Monster Beverage Corporation, based in Corona, California, is a holding company that operates primarily through its subsidiaries. Seasonal data for the company’s share price show a very strong trend into the end of the year. From November 12 through to December 25 Monster has a 90% winning trade percentage and an average return of over 9%.
The UK’s Competition and Markets Authority (CMA) has provisionally approved the £15 billion ($19.5 billion) merger between Vodafone Group Plc and Three, contingent on their commitment to major mobile network investments across the UK.
On Wednesday we have the US CPI print which is coming at a pivotal time. Since the Fed’s meeting last week and the result of the US election the USD has been moving higher but will likely need to search for a clear catalyst for conviction on further moves.
The company hopes to differentiate itself as it faces strong competition from Eli Lilly’s Zepbound, which has already demonstrated greater weight loss, and other upcoming therapies that may offer simpler dosing options.
As Novo prepares for critical clinical trial results due in December, the pressure is mounting, particularly after a 25% drop in stock value linked to lower-than-expected prescriptions for Wegovy and investor concerns
It is a repeated seasonal pattern that canny investors are well aware of. The pattern also shows an ability to withstand some volatility, as shown by a maximum drawdown of 10.9% in some years. However, the maximum gains during this period have reached as high as 22.19%, which compensates for the downside risks.
Looking at the USD moves. With markets anticipating a Trump victory as a protectionist move for the US further USD strength could well be the result of a Trump victory. Seasonally, the USD has gained 4 out of the last 6 elections in the US going back 25 years.