January 2024 - Page 58 of 87 -

Ethereum Forecast: Suffers Massive Volatility During Wednesday Session

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

If interest rates continue to decline, it will likely boost the appeal of cryptocurrencies, given their higher risk profile compared to most other assets. Ethereum encountered some turbulence earlier today, dropping below the $2,100 mark, only to swiftly rebound and exhibit renewed strength. This suggests that some investors reacted nervously, while others seized the opportunity […]

High US Healthcare Spending: Higher Prices Or Higher Quantities?

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pixabay The US spends a much higher share of its GDP on healthcare than other advanced economies. But is that higher spending due to higher prices for delivery of healthcare services or to a greater quantity of healthcare being provided? This “prices or quantities” question has been around for a while, but the OECD takes […]

USD/CAD Price Analysis: Declines Toward 1.3300 Ahead Of US/Canada Employment Data

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

The USD/CAD pair falls sharply after failing to extend upside above 1.3370. The Loonie asset has dropped to near 1.3320 as the US Dollar Index (DXY) has corrected after the release of the Federal Open Market Committee (FOMC) minutes strengthened prospects of rate cuts this 2023. The timing factor is still uncertain as Fed policymakers are […]

Gold Stabilizes Above $2,040 Amid Fed Policy Assessment

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: DepositPhotosGold exhibited stability, holding above the $2,040 per ounce mark on Thursday after a four-session slide. The precious metal’s recent performance has been influenced by ongoing investor scrutiny of the U.S. Federal Reserve’s monetary policy direction. Several key factors have contributed to the fluctuations in gold prices: Dollar and Treasury Yields Rebound: Gold encountered […]

Digesting The Latest Fed Minutes

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image source: Pixabay In our Fed Minutes preview, we warned the tone could be less dovish. Indeed, this was the case, with the Minutes highlighting concern about loose financial conditions, while also producing warnings from some members that policy could stay restrictive for longer than expected.Video Length: 00:01:21More By This Author:Fed Minutes Preview – Wednesday, Jan. […]

GBP/USD Forex Signal: Brief Comeback Ahead Of US NFP Data Likely

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

The GBP/USD pair wavered after testing the lower side of the ascending channel. Bullish view Buy the GBP/USD pair and set a take-profit at 1.2750. Add a stop-loss at 1.2600. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.2650 and a take-profit at 1.2600. Add a stop-loss at 1.2750. The GBP/USD price moved sideways after […]

Companies Are Now Refusing To Hire Employees

Jan 04, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels The level of hiring in the US has collapsed in a way we haven’t seen since 2008 and 2009 (outside the pandemic lockdowns). JOLTS survey results show the largest 6-month decline in hiring of any same-sized period over the entire 21st century (ex. ’20). The labor market is more than halfway into recession; […]

European Stocks Show Modest Gains Amid Economic Data And Fed Minutes Release

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: DepositPhotos On Thursday, European shares experienced slight gains, driven by a flurry of economic data and the release of the December Federal Reserve meeting minutes. Key highlights from the European market include: France’s CPI Report: The Consumer Price Index (CPI) report from France revealed a milder-than-anticipated increase in December’s inflation rate, which stood at 3.7%. […]

No, Stocks Are Not The Best Long-Term Investment

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

It’s time to put a stop to this belief, oversold by certain bankers (who earn commissions on stock purchases) and financial magazines (financed by banks and stock-selling platforms): No, stocks are not the best long-term investment.A new illustration shows this. The financial letter Kobeissi (financed by its readers, that changes everything) has published on X/Twitter this chart […]

Bitcoin And Ethereum: Bitcoin Pullback Below $42000

Jan 04, 2024 Jeremy Parkinson Finance, No picture 0

Bitcoin chart analysisThe pressure on the price of Bitcoin yesterday influenced us to see a drop below the $45000 level. In just two hours, the price dropped from $45,600 to $41,454. After that, we return above $42000 and manage to hold on, triggering a bullish consolidation to the $43200 level. For now, we encounter resistance here, and […]