April 2024 - Page 46 of 153 -

Money Supply Sees Major Jump In Recent Weeks

Apr 25, 2024 Jeremy Parkinson Finance 0

Money Supply is a very important indicator. It helps show how tight or loose current monetary conditions are regardless of what the Fed is doing with interest rates. Even if the Fed is tight, if Money Supply is increasing, it has an inflationary effect.One key metric shown below is the “Wenzel” 13-week annualized money supply figure. It was made popular by […]

Leading Indicators In The Q1 GDP Report Are Mixed

Apr 25, 2024 Jeremy Parkinson Finance 0

Most of the commentary you will read about Q1 GDP that was released this morning will be about the core coincident components. For that, I will simply oo “much of the slowdown was in non-inertial items like inventories (-0.35pp) and net exports (-0.86pp). The better signal of final sales to private domestic purchasers was 3.1%.” I […]

2024 Q1 GDP Underperforms Expectations At 1.6 Percent Vs 2.3 Percent Expected

Apr 25, 2024 Jeremy Parkinson Finance 0

First-quarter GDP was lower than any estimate in the Bloomberg Econoday consensus range of 1.7 percent to 2.8 percent. Inflation was higher than expected.GDP and GDI from the BEA, chart by Mish Chart Notes Gross Domestic Product (GDP) and Gross Domestic Income (GDI) are two measures of the same thing. Product produced should match sales […]

Centralized crypto exchanges see $2 trillion surge in trading volumes in Q1: CoinGecko

Apr 25, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Centralized exchanges registered a crypto trading volume of over $4 trillion in the first quarter, according to a report by data aggregator CoinGecko. Binance recovered its market share gradually during Q1 to reach 49.7% in March, when the exchange registered $1.1 trillion in trading volume, marking a 131% increase from the previous month.The report highlights […]

American Airlines Swings To A Loss, But Tops Estimates For Q2 Forecast

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash CNBC’s Phil LeBeau joins ‘Squawk Box’ to report on the airline’s quarterly earnings results.Video Length: 00:01:38More By This Author:Lockheed Martin (LMT) Beats On Top And Bottom Lines Morgan Stanley Jumps On Earnings Beat Nvidia Posts Q4 Beat On Revenue And Earnings

Analytical Overview Of The Main Currency Pairs – Thursday, April 25

Apr 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The EUR/USD currency pairTechnical indicators of the currency pair: Prev Open: 1.0702 Prev Close: 1.0698 % chg. over the last day: -0.04 % On Wednesday, the euro strengthened after the IFO German Business Climate Index rose more than expected to an 11-month high for April. Also bullish for the euro were hawkish comments from ECB Governing Council […]

US GDP Growth Slows Markedly, And Inflation Remains The Focus

Apr 25, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay US GDP growth slowed to 1.6% annualized in the first quarter of this year, less than half the 3.4% rate recorded in 4Q23, but core inflation was stronger, picking up from a 2% annualized rate to 3.7%. This implies upside risks to tomorrow’s key monthly core PCE deflator and makes a near-term rate […]

Airline Industry Expected To Soar With Record Summer Travel

Apr 25, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The airline industry is gearing up for what could be a record-breaking summer travel season, if forecasts turn out to be correct. Despite challenges such as the Boeing 737 MAX 9 grounding and aircraft delivery delays, airlines are reporting strong demand and growth, particularly in international markets. For investors, this could be a […]

Sensex Today Ends 487 Points Higher; Metal Stocks Shine

Apr 25, 2024 Jeremy Parkinson Finance 0

After opening the day on a high note, Indian share markets continued the momentum as the session progressed and ended higher.The Indian stock market benchmark snubbed weak cues from global peers and staged a smart recovery in Thursday’s trading sessions.At the closing bell, the BSE Sensex stood higher by 487 points (up 0.7%).Meanwhile, the NSE Nifty closed higher by […]

USD/JPY Analysis: Yen Slumps To 34-Year Low

Apr 25, 2024 Jeremy Parkinson Finance 0

The Japanese yen witnessed further weakness against its counterpart, the US dollar, falling to its lowest level in over three decades. According to forex trading platforms, the Japanese yen has faced immense pressure this year, even as the Bank of Japan raised interest rates for the first time since 2007 and the economic outlook improved. […]