Weekly Market Commentary 18 November 2024

Description:
Powell's comment about the state of the US economy saw traders dialing back their expectations of more rate cuts and the timing of those cuts.In today's Technical Market Analysis, Tamar Mehr from Trade With Precision, takes a look at the charts of S&P 500, Crude Oil and US Dollar crosses for potential trading opportunities on these moving markets.

Disclaimer:
International Capital Markets Pty Ltd with registration number 123 289 109, is regulated by the Australian Securities and Investments Commission with License No. 335692. Website: icmarkets.com/au.

Risk Warning: Trading CFDs carries a high level of risk to your capital, and you should only trade with money you can afford to lose. Trading CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. This content is general in nature and does not take into account your objectives, financial situation, or needs. You should consider whether the advice is suitable for you and your personal circumstances. Please read our PDS and Target Market Determination, and other legal documents and ensure you fully understand the risks before you make any trading decisions and seek independent advice if necessary.

Any information in this video does not contain, and should not be construed as containing investment advice or an investment recommendation or, an offer of or solicitation for the transactions in financial instruments. All information is presented as educational material only. Past performance is not a guarantee of or prediction of future performance. The analysis contained herein does not constitute a personal recommendation and does not consider your personal investment objectives, investment strategies, financial situation or needs. IC Markets makes no representation and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast, or other information supplied by IC Markets.

Any opinion shared by guests and speakers does not necessarily reflect the opinions or views of IC Markets. Without the approval of IC Markets, reproduction or redistribution of this information is not permitted.This information is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Music: Purple Corals by Midnight Cycler