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Poland’s External Current Account Was In Surplus In March

Poland’s External Current Account Was In Surplus In March

Image Source: Pexels  Poland continues to show current account surpluses while external trade turnover has dropped significantly. A record-high deficit in secondary income was driven mainly by the EU budget adjustment in March.In March, Poland recorded a €0.3bn current account surplus, following a €0.5bn surplus in February 2024 and a €1.6bn surplus in March a year ago. […]
Sensex Today Ends 329 Points Higher; Nifty Tops 22,200

Sensex Today Ends 329 Points Higher; Nifty Tops 22,200

After opening the day marginally higher, Indian share markets continued the momentum as the session progressed and ended the day higher.Indian benchmark indices rose for a third day on Tuesday, driven by auto, metal, and banking shares.At the closing bell, the BSE Sensex stood higher by 329 points (up 0.5%).Meanwhile, the NSE Nifty closed higher by 119 points (up […]
The Hot PPI Report Is Creates Volatility Ahead Of CPI Report

The Hot PPI Report Is Creates Volatility Ahead Of CPI Report

Image source: Pixabay  Today’s PPI report came in much hotter than expected but is creating more confusion than anything else.Video Length: 00:08:11More By This Author:The Stocks Market’s Advance Stopped Ahead Of Massive Week Of Data Expect Market Volatility To Expand Meaningfully The Week Of May 13, 2024The CPI Report May Shock The Market And The Fed
Home Depot Revenue Misses, Shares Slip

Home Depot Revenue Misses, Shares Slip

Image Source: Pexels  Home Depot posted quarterly revenue below Wall Street’s expectations on Tuesday.Video Length: 00:01:14More By This Author:Reddit Shares Climb On Revenue Beat In First Quarterly Report Since IPOAmerican Airlines Swings To A Loss, But Tops Estimates For Q2 Forecast Lockheed Martin (LMT) Beats On Top And Bottom Lines
US Producer Prices Accelerating At Fastest Rate In 12 Months

US Producer Prices Accelerating At Fastest Rate In 12 Months

Ahead of tomorrow’s CPI, traders are eyeing this morning’s Producer Prices for any hints that the disinflation trend will return…or not.The answer is “not!”April Producer Prices rose 0.5% MoM (vs +0.3% exp), with March’s +0.2% MoM revised down to -0.1% MoM. The downward revision did not stop the YoY read rising to 2.2% (from +2.1% in […]
Disinflation Expected To Resume In April CPI Report

Disinflation Expected To Resume In April CPI Report

US consumer inflation data was surprisingly firm in March, raising the stakes for tomorrow’s April report (Wed., May 15). Another round of disappointing numbers would arguably confirm that the recent disinflation trend is in serious trouble. No one can rule out that possibility, but I’m expecting we’ll see disinflation will return in some degree.In particular, […]
Americans Aren’t Convinced The Fed Is Winning The Inflation Fight

Americans Aren’t Convinced The Fed Is Winning The Inflation Fight

By Mike Maharrey, Money Metals ExchangeFed officials and people in the Biden administration insist “we” are making progress in tamping down price inflation. Many market analysts are optimistic enough to believe that the central bank will be able to cut interest rates this fall.But the average American isn’t so sure the Fed is going to […]
Zeta Markets secures $5 million for Solana DeFi expansion

Zeta Markets secures $5 million for Solana DeFi expansion

Decentralized exchange (DEX) for perpetual trading Zeta Markets has completed a strategic $5 million funding round, led by Electric Capital and with contributions from DACM, Selini Capital, Airtree Ventures, and several notable angel investors, including Anatoly Yakovenko of Solana.The fresh capital will facilitate the development of Solana’s first layer-2 solution by Zeta Markets, focused on […]
Alibaba Group Misses EPS Expectations By $0.02 In Q1 2024

Alibaba Group Misses EPS Expectations By $0.02 In Q1 2024

Image Source: Unsplash  Alibaba Group Holding Limited (NYSE: BABA), a leading e-commerce and technology conglomerate, reported its financial results for the quarter ended March 31, 2024.The company demonstrated moderate growth with revenue reaching RMB 221,874 million ($30,729 million), marking a 7% increase year-over-year. This growth was driven by the company’s China and international commerce businesses, which saw double-digit […]
Elliott Wave Technical Analysis: Eaton Corporation Plc

Elliott Wave Technical Analysis: Eaton Corporation Plc

ETN Elliott Wave Analysis Trading Lounge Daily Chart,Eaton Corp. PLC, (ETN) Daily ChartETN Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minute wave {iii}.DIRECTION: Upside in Minuette (v).  DETAILS: Looking for upside in wave {iii}, equality of {iii} vs. {i} stands at 375$, which could be an ideal target. ETN Elliott Wave Analysis Trading Lounge 4Hr Chart,Eaton Corp. PLC, (ETN) […]