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Archives by Year:
USD/CHF Snaps The Two-day Losing Streak Above 0.9000 Ahead Of US PCE Data
Image Source: Unsplash USD/CHF holds the positive ground around 0.9025 on the firmer US Dollar. The high-for-longer US rate narrative might boost the Greenback against the CHF. SNB’s Schlegel said the SNB will monitor the FX rate closely and intervene if necessary. The USD/CHF pair snaps the two-day losing streak near 0.9025 on Friday during the Asian session. […]
Dazzling Dogecoin: Triple-Digit Surge In 2024
Photo by Executium on UnsplashCheck out Dogecoin, which is up a triple digit percentage thus far in 2024.More By This Author:Comparing Gold: Is It Overvalued Against Stocks And Crypto Diving Into Doughnuts: The Resurgence Of Krispy Kreme More Cuckoo Than Ever
Microsoft Signs 400 MW Renewable Energy Purchase Deals From New Texas Solar Projects
Image Source: UnsplashLeeward Renewable Energy (LRE), announced two new Power Purchase Agreements (PPA) with Microsoft (MSFT), for a total of 400 MW of renewable energy to be delivered from two solar facilities currently under development in Texas.The two new solar projects, each 200 MW, include the Morrow Lake Solar in Frio County, Texas, expected to be […]
USD/CAD Could Halt Losing Streak Amid A Stronger Greenback, Clings To 1.3540
Photo by Michelle Spollen on Unsplash USD/CAD holds its position after recovering daily losses on Friday. US Dollar strengthens on hawkish sentiment surrounding the Fed maintaining higher policy rates. Canadian Dollar received upward support from the higher WTI price. USD/CAD hovers around 1.3540 during the Asian hours on Friday, showing signs of potentially ending its four-day losing streak. […]
Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth And 14-Fold Gross Profit
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: UnsplashNaaS Technology (NAAS), the first U.S. listed EV charging service company in China, today announced remarkable financial growth and operational highlights in its newly-released unaudited financial results for the fourth quarter and full […]
Korea: Industrial Production Rebounded While Construction And Retail Sales Weakened In February
Image Source: UnsplashAll industry output accelerated its growth on the back of strong chip sector performanceAll industry production rose 1.3% month-on-month sa in February (vs 0.4% in January). Manufacturing and service activity advanced, partially offset by the decline in construction. Together with the latest survey and other hard data, we expect manufacturing to lead the growth, […]
Stocks: Healthy Rotation Or Concerning Distribution?
Image Source: PixabayAre the markets shifting in a healthy and positive manner or are concerning signs of institutional distribution increasing? Heading into Friday’s PCE report (the Fed’s preferred measure of inflation), do the markets look concerned or confident?In this week’s video, we’ll review the latest charts and data to help us answer the question, stocks are […]
S&P 500 Looking To Complete 5 Waves Impulse
Image Source: UnsplashShort Term Elliott Wave view in S&P 500 (SPX) suggests cycle from 1.6.2024 low is in progress as a 5 waves impulse. Up from 1.6.2024 low, wave ((i)) ended at 4931.09 and pullback in wave ((ii)) ended at 4845.15. Wave ((iii)) higher ended at 5187.78 as the 30 minutes chart below shows and pullback […]
Comparing Gold: Is It Overvalued Against Stocks And Crypto
Image Source: UnsplashGold has been having a great run, but is it getting too expensive? How about compared to stocks? Let’s look at some ratio charts to hopefully get some insight on that.First is the All World Index divided by gold futures. The topping formation is still forming. If it completes, it certainly implies that stocks are going […]
NZD/USD Remains Under Selling Pressure Below 0.6000, US PCE Data Looms
Photo by Thomas Coker on Unsplash NZD/USD edges lower to 0.5970 amid stronger USD and dovish comments from RBNZ. The US economy grew faster than expected in the fourth quarter (Q4). RBNZ’s Orr said the central bank is on course to get inflation back into the target band, rate cuts are getting closer. The US February Core PCE […]
