March 2024 - Page 148 of 200 -

The Recent Gold And Silver Rally Was Just The Beginning

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Gold just had quite a bull run, setting a new all-time high along the way. But Money Metals’ Midweek Memo host Mike Maharrey says this is just the opening act. If you enjoyed that, you’re really going to like the feature.In this episode, Mike explains what drove this recent bull run and why […]

USD/JPY Rises To 148.00 As Uncertainty Over BoJ Quitting Negative Rates Deepen

Mar 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash USD/JPY bounces back to 148.00 in hopes that the BoJ could delay rate hike plans. BoJ Ueda is worried about subdued consumption that has pushed back rate hike expectations. Market expectations for the Fed reducing interest rates in June have eased. The USD/JPY pair rebounds to crucial resistance of 148.00 as investors hope […]

Higher-Than-Expected Romanian Inflation Does Not Change Our Outlook For The Year

Mar 13, 2024 Jeremy Parkinson Finance 0

Romanian inflation decelerated to 7.2% in February, slightly above the 7.1% consensus. The strong demand observed early in the year has likely added to firms’ pricing power. Both our 4.8% year-end inflation call and May rate cut call remain in place.PixabayInflation in Romania decelerated to 7.2% but was slightly above consensus The February release brought the […]

Beware Of Rising Swings

Mar 13, 2024 Jeremy Parkinson Finance 0

S&P 500 was predictably roiled by CPI above expectations more than by core PCE data end Feb, but even two good intraday moves weren‘t enough to break below Monday‘s lows and deliver a less shallow correction. Weren‘t it for increasing intraday volatility in Bitcoin, its stock plays (MSTR, COIN and MARA), it would be all […]

Boeing Now The Second-Worst Performer In The S&P 500 YTD, Only Behind Tesla

Mar 13, 2024 Jeremy Parkinson Finance 0

Tesla and Boeing, once high-flyers, now face significant challenges, becoming the worst and second-worst performers in the S&P 500 year-to-date. Image courtesy of 123rf.comTesla Inc. (TSLA) and The Boeing Company (BA), two major players in their respective industries, have experienced significant stock price declines this year, becoming the worst and second-worst performers in the S&P 500, respectively. Safety Issues […]

Consolidation Featured Ahead Of Tomorrow’s US Retail Sales And Friday’s Japanese Wage News

Mar 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Overview: We came into this week expecting the dollar to rise on the back of a recovery in rates. The two-year note has risen from 4.40% after the jobs report to 4.60%. The dollar’s rise has been less impressive. The Dollar Index had begun with week with a six-day fall in tow. Today is […]

Amazon Invests $5.3 Billion In Saudi Data Center

Mar 13, 2024 Jeremy Parkinson Finance 0

Amazon Web Services (AWS) has recently announced plans to establish a data center in Saudi Arabia. AWS intends to invest over $5.3 billion in the region with the aim to launch an AWS infrastructure region by 2026. This initiative will enable customers to run workloads and securely store data in Saudi Arabia, while also offering […]

Bitcoin Commentary – Wednesday, March 13

Mar 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Fresh Highs in BTCBitcoin is once again trading at fresh, record highs today after the leading cryptocurrency recovered from a 6% correction lower yesterday. Volatility around the latest US inflation report saw BTC futures briefly dipping lower to retest the broken prior highs around 69355. However, the level held as support and despite […]

Asian Stock: ComfortDelGro Corporation

Mar 13, 2024 Jeremy Parkinson Finance 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: ComfortDelGro Corporation LimitedBloomberg ticker: CD SPMarket cap: US$2,316mBackground: ComfortDelGro Corporation Limited provides land transportation services like bus, taxi, rail, car rental, and leasing in Singapore, Australia, UK, New Zealand, China, Ireland, and Malaysia. The company also engages […]

Bitcoin Price Above $73000 Level For The First Time

Mar 13, 2024 Jeremy Parkinson Finance 0

Bitcoin chart analysisToday, we are looking at the price of Bitcoin at a new all-time high at the $73291 level. Yesterday, we saw the first break above the $73000 level. After which the price began to behave unstable and we saw a sudden drop to the $68636 level. We were briefly down and quickly returned […]