Archives by Month:

Archives by Year:

Pre-token markets can revolutionize interactions with financial instruments: Keyrock report

Pre-token markets can revolutionize interactions with financial instruments: Keyrock report

Pre-token trading platforms are still an unpredictable market for buyers and sellers, according to a recent Keyrock report. Despite offering early access to tokens before they launch, data gathered by Keyrock suggests few buyers find profits in these platforms.Nevertheless, the speculation around the token price serves as a crucial barometer for initial market reactions and […]
Producer Price Inflation Has Bottomed And Is Now Heading Back Up

Producer Price Inflation Has Bottomed And Is Now Heading Back Up

Producer Price Index data from the BLS, chart by MishThe BLS reports the month-over-month PPI for April was 0.5 percent vs the Bloomberg Econoday consensus o 0.3 percent.However, the BLS revised March from +0.2 to -0.1 so the year-over-year Econoday expectation was right on the mark at 2.2 percent.PPI Details The Producer Price Index for final demand […]
Industrial And Tech Demand For Gold Surged In Q1

Industrial And Tech Demand For Gold Surged In Q1

Industrial and tech demand for gold rebounded in the first quarter, rising 10 percent year over year.Industrial and technological applications consumed about 79 tons of gold in Q1, according to data compiled by the World Gold Council.At the aggregate level, all four major electronics fabrication hubs around the world recorded a year-on-year increase in gold […]
Mcdonald’s Is Trying To Fight Inflation

Mcdonald’s Is Trying To Fight Inflation

Image Source: Pixabay Fast food giant McDonald’s (MCD) is trying to tamp down inflation by offering the $5 meal to lure back customers. In its most recent quarterly earnings report, the company admitted to challenges in the marketplace from competitors, higher food costs, higher wages, and slowing demand. As a result, the stock took a major […]
Petrobras Slashes Dividend: Is It Time To Sell The Stock?

Petrobras Slashes Dividend: Is It Time To Sell The Stock?

Image Source: Unsplash Petróleo Brasileiro S.A. (NYSE: PBR), Brazil’s state-controlled oil giant, is once again in the spotlight as it grapples with shareholder expectations and market dynamics. After reporting a 38% year-over-year decline in Q1 profit earlier today, Petrobras announced that it is slashing its Q1 2024 dividend payout. This move will see dividends reduced to […]
Organigram Q2 Financial Metrics Mixed

Organigram Q2 Financial Metrics Mixed

Image source Organigram Holdings Inc. (Nasdaq: OGI) (TSX: OGI), a licensed producer of cannabis and a constituent in the munKNEE.com Canadian Cannabis LP Index, announced its results for Q2 of FY2024 ended March 31st, 2024, today, as follows: Q2 Financial Highlights Net Revenue: UP 3.0% to 37.6M International Sales increased to 9.6% of Net Revenue from 1.8% […]
GameStop Wif Hat meme coin skyrockets 47,000%, then plummets

GameStop Wif Hat meme coin skyrockets 47,000%, then plummets

Solana meme coin GameStop Wif Hat (GMEWIFHAT) showed stellar growth this Tuesday, with its price surpassing 40,000%. However, at the time of writing, the upside for GMEWIFHAT is just 131%.The price increase is tied to the return of RoaringKitty, the trader largely credited for spiking the GameStop stock surge in late 2020 along with the […]
The Return Of Roaring Kitty, HD Earnings, April CPI Wed Morning

The Return Of Roaring Kitty, HD Earnings, April CPI Wed Morning

The Roaring Kitty, the man behind the GameStop (GME) frenzy of 2021 returned out of the blue Sunday night tweeting the above meme at 5:00pm PST suggesting that the markets were once again engaging his attention. That has set off a huge replay of the big moves in GME, AMC, and other meme stocks reminiscent […]
April Producer Prices Reflect Some Building Pressure From A Strong Economy With Full Employment

April Producer Prices Reflect Some Building Pressure From A Strong Economy With Full Employment

Tomorrow and Thursday a plethora of data will be released, on consumer inflation and spending, production, housing, and jobless claims. In the meantime today we got a chance to look at upstream pressures on inflation.And those upstream pressures do seem to be building slightly, reflecting a strong economy with full employment.Commodity prices increased 0.9%. These […]
Currency Misalignment Measured Assuming A Balanced Financial Account

Currency Misalignment Measured Assuming A Balanced Financial Account

The Coalition for a Prosperous America and the Blue Collar Dollar Institute have developed a measure of currency misalignment, reported in their latest Currency Misalignment Monitor (April issue).Source: April issue.Note that the US estimate is for a multilateral balance, while the individual estimates are the implied dollar/local currency change for a given move to an individual […]