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Weekly Equities Forecast: French Banks, UK Housebuilders, Bricks And Mortar Retailers

Weekly Equities Forecast: French Banks, UK Housebuilders, Bricks And Mortar Retailers

French electionFrench stocks are outperforming after the weekend’s first round of the French election. The CAC 40is outperforming its major peers in a relief rally after the results point to a hung parliament ahead of the next round of voting on July 7th.The far-right National Rally party led by Marine Le Pen won 33.1% of […]
New Jersey Legislature Again Votes Unanimously To End Taxes On Gold And Silver

New Jersey Legislature Again Votes Unanimously To End Taxes On Gold And Silver

By Jp Cortez, Sound Money Defense League For the second time in less than a year, the New Jersey legislature has voted to end the sales tax on purchases of gold and silver coins, bars, and rounds without a single dissenting vote.A2812 and S721, carried by Sens. Steinhardt and Sarlo and Asms. Greenwald, Swain, and Egan […]
USD/CAD Outlook: GDP Growth Keeps Canadian Dollar Firm

USD/CAD Outlook: GDP Growth Keeps Canadian Dollar Firm

The USD/CAD outlook remains bearish as the Canadian dollar holds firm after Friday’s upbeat GDP report. Meanwhile, the US dollar recovered but remained fragile after data further confirmed that inflation was easing towards the Fed’s 2% target.The Canadian dollar ended the month 0.3% lower, weakened by the Bank of Canada’s first rate cut. The central […]
Tether launches USDT payments for social security contributions in the Philippines

Tether launches USDT payments for social security contributions in the Philippines

Key Takeaways The Philippines now accepts Tether USDT for social security payments. Tether’s partnership with Uquid allows SSS contributions on the TON blockchain. In partnership with Web3 shopping and infrastructure firm Uquid, Tether now enables Philippine citizens to make SSS contributions using USDT on the TON blockchain. The initiative is a development on the integration […]
The Japanese Yen Faces Further Depreciation Amid Rate Differentials

The Japanese Yen Faces Further Depreciation Amid Rate Differentials

Image Source: Pixabay  The USD/JPY pair continues to escalate, currently positioned at 160.88, nearing the 37-year peak of 161.27 achieved last Friday.Early today, the yen temporarily strengthened following Japan’s Q2 Tankan survey results, which indicated a slight improvement in industrial sentiment to 13 points from 11. However, the services sector displayed mixed results, maintaining 27 points […]
Bull Of The Day: Vistra

Bull Of The Day: Vistra

Vistra (VST) stock skyrocketed 125% in the first half of 2024, lagging only Super Micro Computer and Nvidia as the top-performing S&P 500 company.Vistra is thriving as Wall Street embraces the companies that will power the U.S. as the country attempts to transition away from fossil fuels at the same time as the artificial intelligence boom sends energy demand […]
SHIB Futures Contract By Coinbase Derivatives Scheduled For July 15, Can It Propel Shiba Inu Price To $0,00001?

SHIB Futures Contract By Coinbase Derivatives Scheduled For July 15, Can It Propel Shiba Inu Price To $0,00001?

American exchange Coinbase has given Shiba Inu its latest big win by filing an application with the CFTC to list SHIB futures contracts later this month.Through its CFTC-regulated subsidiary Coinbase Derivatives, the exchange filed its initial listing of the 1k Shib Futures contract which it expects to list on July 15. The contract will be […]
Unlocking ASX Trading Success: WiseTech Global Limited – Monday, July 1

Unlocking ASX Trading Success: WiseTech Global Limited – Monday, July 1

ASX: WISETECH GLOBAL LIMITED – WTC Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with ASX LIMITED – ASX. We see that WTC may continue to push lower as wave ((iv))-navy is still developing. Following that, we expect wave ((v))-navy may return to push higher.ASX: WISETECH GLOBAL LIMITED – […]
Large-Cap Indices Give Out Signs Of Fatigue

Large-Cap Indices Give Out Signs Of Fatigue

The June-quarter earnings season is upon us, and US equity indices increasingly are giving out signs of fatigue. Halfway through, they have already rallied mid- to high-teen percent this year. Digestion of these gains is the path of least resistance in the weeks and months ahead. Equity bears have an opening.The 2Q24 earnings season begins […]
Ethereum is the worst performing crypto in net flows this year

Ethereum is the worst performing crypto in net flows this year

Key Takeaways Ethereum recorded its largest outflows since August 2022, totaling $61 million. Positive shifts in Bitcoin and multi-asset ETPs suggest changing investor sentiment. Crypto exchange-traded products (ETF) experienced their third consecutive week of net outflows, totaling $30 million. Notably, Ethereum-indexed ETPs saw over $60 million in outflows last week, their largest outflows since August […]