• Episode 24 | Market Movers: Jobs Data, CPI, and Key Trading Opportunities

  • Sep 10 2024
  • Length: 14 mins
  • Podcast

Episode 24 | Market Movers: Jobs Data, CPI, and Key Trading Opportunities

  • Summary

  • In this week's episode of the Trading Success Podcast, Cam Buchanan from the International Day Trading Academy takes us through the latest market developments. Cam kicks off by analyzing last week’s market impacts, particularly focusing on the lower-than-expected jobs numbers and how the market reacted.


    Looking ahead, Cam highlights key events traders should watch this week, such as contract rollovers in the NASDAQ, S&P 500, and Dow Jones, which could bring potential trading opportunities. He also touches on upcoming US presidential debates, noting the possibility of market volatility, even outside US cash market times.


    Additionally, the podcast dives into significant economic data releases like the CPI and PPI reports, alongside the European Central Bank’s potential rate cut. For Euro/USD traders, Cam points out the appreciation of the Euro against the dollar as an important movement to watch.


    The podcast closes with technical market analysis. Cam breaks down charts for major markets like the S&P 500, NASDAQ, Bitcoin, oil, and gold, discussing recent trends and forecasting potential breakout opportunities.


    Listeners are reminded to stay cautious of upcoming news events and remain prepared for market volatility. Happy trading!

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