June 2024 - Page 36 of 240 -

BTC/USD Forex Signal: Is This Bitcoin Rebound A Dead Cat Bounce?

Jun 26, 2024 Jeremy Parkinson Finance 0

Bullish view Buy the BTC/USD pair and set a take-profit at 64,000. Add a take-profit at 60,155. Timeline: 1-2 days. Bearish view Set a sell-stop at 61,500 and a take-profit at 60,200. Add a stop-loss at 63,000. Bitcoin price bounced back after crashing below the crucial support at $60,000 on Monday. The BTC/USD pair soared above […]

Primary Dealer Banks Showing Signs Of Global Collateral Tightening

Jun 26, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay There have been a whole bunch of ripples through the monetary system coming in from all angles pointing toward a sizable collateral disruption. The primary culprit(s) appears to be from Europe, starting in bond spreads surging off election uncertainty though we can’t discount the ECB’s rate cut as a factor. The eurodollar aftershocks […]

USD/CHF Moves Above 0.8950 Due To Expectations Of Delaying Fed Rate Cuts

Jun 26, 2024 Jeremy Parkinson Finance, No picture 0

USD/CHF continues to gain ground for the second consecutive day, trading around 0.8960 during the early European session on Wednesday. This upside could be attributed to the higher US Dollar (USD) due to heightened expectations of delaying interest rate cuts by the Federal Reserve (Fed). According to the CME FedWatch Tool, investors are pricing in 67.7% odds […]

Gold Market Commentary – Wednesday, June 26

Jun 26, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Gold Under OfferGold prices are looking a little softer through the middle of the week with gold futures turning lower from last week’s highs. The safe-haven metal has been range-bound over recent months with futures prices tracking a 2,275.43 – 2,427.54 range. The main driver behind the shift in gold prices has been […]

George Latimer defeats anti-crypto Jamaal Bowman in NY primary with crypto PAC support

Jun 26, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

US Representative Jamaal Bowman, one of the anti-crypto Congressmen who voted against the FIT 21 bill, lost to Democratic George Latimer in the New York primary, according to Fox Business journalist Eleanor Terrett. The victory was partially influenced by the pro-crypto lobby group FairShake, which launched a $2 million publicity campaign against Bowman last week. […]

The Most Popular Stocks In Hedge Fund Portfolios

Jun 26, 2024 Jeremy Parkinson Finance 0

In 2023, hedge funds managed over $4 trillion in assets, hitting a record high.While the industry saw tepid returns over much of the last decade, it has seen a resurgence in interest amid a rising rate environment. Often, hedge funds cater to an investor base of pension funds, high-net worth investors, and university endowments.The above graphic shows […]

Daily Market Outlook – Wednesday, June 26

Jun 26, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Choppy Asian stock markets as they awaited new catalysts, with the Australian dollar appreciating in response to faster-than-expected inflation statistics. Mainland China and Australia’s equity indices fell, while Japan, South Korea, and Taiwan’s indices increased. US stock futures remained unchanged in Asian trade following a rally in Nvidia shares on Tuesday. The inflation […]

Rates Spark: Excessive Deficits Proceeding

Jun 26, 2024 Jeremy Parkinson Finance 0

Markets are waiting for clearer signals from the data to move their cut discounts. Until then, curves can still flatten, with officials reluctant to provide guidance. French spreads are still elevated but don’t look excessive, with political uncertainty more likely to remain even after the elections. depositphotos Still waiting for clearer signals from the data10-year US Treasury yields […]

Market Vs. The Fed

Jun 26, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay There has been a clear battle going on in financial markets. On the one side, the Fed continues to push out more hawkish leaning messages, and on the other side, investors keep trying to look for any excuse to defy the Fed rate outlook, insisting on more rate cuts than less.Video Length: 00:01:14More […]

You Can’t Handle The Truth

Jun 26, 2024 Jeremy Parkinson Finance 0

1. In a previous post I showed that the recent NYT article on the lab leak hypothesis was based on an ignorance of Chinese geography. Philipp Markolin has a very long piece that is well worth reading. It does an excellent job of debunking the view that the Covid-2 virus looks “suspiciously engineered”. At one point […]