Archives by Month:

Archives by Year:

Crude Oil Commentary – Tuesday, June 25

Crude Oil Commentary – Tuesday, June 25

Weaker US Helping OilCrude prices are looking a little more muted today on the back of a fresh push higher yesterday. Crude futures were seen rising to their highest levels since May 1st on Monday as a weaker US Dollar, rising summer demand and heightened geopolitical tensions stocked support for oil. The Dollar was seen […]
Bitcoin spot ETFs could hit longest outflow streak on record

Bitcoin spot ETFs could hit longest outflow streak on record

US spot Bitcoin exchange-traded funds (ETFs) are on track to notch their longest-selling stretch after recording an outflow of $174 million on Monday, the seventh in a row, according to data from SoSoValue.On Monday, Grayscale’s GBTC recorded $90 million in withdrawals, while Fidelity’s FBTC experienced $35 million in outflows.Franklin Templeton’s EZBC saw its first net […]
USD/CAD Depreciates To Near 1.3650 Ahead Of Canada’s CPI

USD/CAD Depreciates To Near 1.3650 Ahead Of Canada’s CPI

USD/CAD continues its losing streak that began on June 14, trading around 1.3650 during the European session on Tuesday. Statistics Canada is set to release the top-tier Consumer Price Index (CPI) data for May later in the North American session.The downward correction in the crude Oil prices put pressure on the commodity-linked Canadian Dollar (CAD) […]
Elliott Wave Technical Analysis: KOSPI Composite Index – Tuesday, June 25

Elliott Wave Technical Analysis: KOSPI Composite Index – Tuesday, June 25

Image Source: Unsplash  KOSPI Composite Elliott Wave AnalysisKOSPI Composite Elliott Wave Technical Analysis – Daily ChartFunction: Trend Mode: Impulsive Structure: Gray Wave 3 Position: Orange Wave 3 Direction Next Lower Degrees: Gray Wave 4 Details: Gray wave 2 appears completed. Now gray wave 3 of 3 is in play. Wave Cancel Invalid Level: 2636.93The KOSPI Composite Elliott Wave analysis on the daily chart offers a […]
Japan Is Buying Massive Amounts Of Junk Credit

Japan Is Buying Massive Amounts Of Junk Credit

Image Source: Pexels  Japanese banks have been bulking up on US junk corporate credit for the last year, driven entirely by an increasingly difficult reach for yield. That means overlooking dangers and risks which in other less distorted times would have been taken more seriously. The end result is a large and growing distortion in a […]
Nasdaq 100 Commentary – Tuesday, June 25

Nasdaq 100 Commentary – Tuesday, June 25

Nasdaq Pushes LowerThe Nasdaq remains under heavy selling pressure across early European trading on Tuesday. The index is now down almost 3% from the all-time highs printed last week. The drop lower has been largely attributed to the correction we’re seeing in Nvidia. Nvidia VolatilityAfter a rally last week saw the stock become the most valuable […]
GDP Per Capita, By G7 Country (2019-2029F)

GDP Per Capita, By G7 Country (2019-2029F)

GDP per capita takes the total economic output of a country in a year, and divides it by the total population, providing a measure of a country’s economic performance and living standards on a per person basis.In this graphic, we’ve visualized GDP per capita for G7 nations, from 2019 to 2029 (forecasted). All figures come […]
Dogecoin Army Awaits DOGE Integration On X As A Premium Payment Solution

Dogecoin Army Awaits DOGE Integration On X As A Premium Payment Solution

The Dogecoin (DOGE) community remains optimistic about the prospect of integrating DOGE payments into X, the social media platform Elon Musk owns. A recent MyDoge cryptocurrency wallet account poll asked the community if they believed X should support Dogecoin payments, prompting positive responses. Despite DOGE’s current price being significantly lower than its all-time high, the community’s enthusiasm […]
Sensex Today Trades Higher; Nifty Above 23,550

Sensex Today Trades Higher; Nifty Above 23,550

Asian markets traded mostly higher despite an overnight selloff in US tech stocks.Japan’s Nikkei 225 rose 0.19% while the Topix gained 0.7%. South Korea’s Kospi added 0.38% and the Kosdaq was up 0.35%.The US stock market ended mixed on Monday with the Dow Jones hitting a one-month high, while the Nasdaq falling over 1%.Here’s a […]
Market Briefing For Tuesday June 25

Market Briefing For Tuesday June 25

‘The bar is high’ – for S&P to advanced substantially from these levels. So do I dismiss some of the stratospheric projections heard from a couple technical analysts or others? depositphotos The answer is not necessarily, but I’ve said for a while the logic for chasing the mega-caps was not there, so at the moment you may be seeing some […]