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Sand Piles And Herd Behavior In The Stock Market

Sand Piles And Herd Behavior In The Stock Market

Image Source: DepositPhotosImagine pouring sand onto a pile, one grain at a time. As the individual particles of sand are added, the pile grows larger, but seems to be otherwise stable. But as time goes by, something changes within that seemingly stable system. Instead of settling on the surface of the pile, adding another grain […]
Primergy Raises $588 Million To Build Texas Solar Project For Microsoft

Primergy Raises $588 Million To Build Texas Solar Project For Microsoft

Solar and storage project developer and operator Primergy announced today that it has raised $588 million in debt financing commitments aimed at funding its 408 MW Texas-based Ash Creek solar project.PixabayThe company also announced the signing of a long-term power purchase agreement with Microsoft (MSFT), covering the full capacity of the new solar plant.Ty Daul, […]
Two Trades To Watch: GBP/USD, USD/JPY Forecast – Tuesday, March 12

Two Trades To Watch: GBP/USD, USD/JPY Forecast – Tuesday, March 12

Image Source: Pixabay  GBP/USD falls as the labor market softens UK unemployment rose to 3.9% from 3.8% Average wage growth eased to 6.1% GBP/USD tests 1.28 support GBP/USD is falling after UK labor market data showed that the jobs market is softening.In the three months to the end of January, the unemployment rate rose to 3.9%, […]
EUR/USD Forex Signal: Turning Bearish Below $1.0945

EUR/USD Forex Signal: Turning Bearish Below $1.0945

Trend turns bearish below $1.0945 as USD gains strength. Watch for potential short trades and US CPI data for key market directions.My previous EUR/USD signal on 7th March was not triggered as the bullish price action took place below the support level I had identified at $1.0881. Today’s EUR/USD Signals Risk 0.75%. Trades may only be taken before […]
Coinbase takes legal action against SEC in push for crypto regulation clarity

Coinbase takes legal action against SEC in push for crypto regulation clarity

Coinbase announced on Monday the filing of its opening brief with the US Court of Appeals for the Third Circuit, an appeal that challenges the US Securities Exchange and Commission (SEC) over its refusal to provide clear guidelines for the crypto industry, as revealed by Coinbase’s chief legal officer, Paul Grewal, in a post on […]
Daily Market Outlook – Tuesday, March 12

Daily Market Outlook – Tuesday, March 12

Image Source: Unsplash  This morning, most Asian equity markets are on the rise, although Japan and one key index in China are experiencing declines. Bank of Japan Governor Ueda, testifying to parliament, refrained from indicating whether the BoJ will raise interest rates next week, stating that “more data will come this week.” Meanwhile, the New York […]
Boeing Whistleblower Found Dead In A Truck From “Self-Inflicted Gunshot Wound”

Boeing Whistleblower Found Dead In A Truck From “Self-Inflicted Gunshot Wound”

The latest twist in what can only be described as an onslaught of horrific news surrounding Boeing – or perhaps the sequel to the Hudsucker Proxy where a mysterious cabal is trying to spark a stock panic so they can buy the company for pennies on the dollar – came this afternoon when we learned that a […]
CPI Is Crunch Time For The EURUSD

CPI Is Crunch Time For The EURUSD

Image Source: Pexels  On March 12 we have the hotly anticipated US CPI print. So, here’s the outlook on the US CPI report coming up.Markets expect headline CPI to rise around 0.4% in February, and core inflation to go up by about 0.3%. Traders are getting more hawkish on rate hikes after January’s CPI jump, and […]
UK Wage Growth Slows As Jobs Market Cools

UK Wage Growth Slows As Jobs Market Cools

Private sector wage growth has dipped further and will probably reach the 4-4.5% area by early summer. We expect the first Bank of England rate cut in August.PixabayAt the margin, the latest UK jobs report is slightly dovish for the Bank of England. The unemployment rate edged higher to 3.9%, with the usual caveat that […]
US CPI Stands Out On Tuesday Calendar

US CPI Stands Out On Tuesday Calendar

Image source: Pixabay  Things have been relatively quiet as the week gets going. It seems market participants are waiting for some more bite that we’re getting in today’s economic calendar. As things stand, the rates market is pricing in 90 basis points of cuts at the Federal Reserve in 2024.Video Length: 00:00:46More By This Author:Traders Position […]