July 2024 - Page 265 of 267 -

This Week: UK100 May Offer Relative Stability Amid UK Elections

Jul 01, 2024 Jeremy Parkinson Finance 0

UK100 index includes global companies, less domestic exposure UK100 index also has inverse relationship with GBP Other key events this week: Eurozone CPI, US NFP data Fed policy and US job data also influence UK100 movements UK100 forecasted to climb past 9,300 in 12 months With markets still digesting the weekend’s French election results, global investors and traders are also mindful of […]

Silver Quarterly And 6-Month Closes Confirm Upward Trend

Jul 01, 2024 Jeremy Parkinson Finance 0

There continues to be a heavy amount of pessimism toward silver on social media these days, but if you’ve noticed, most of these analysts are speculators trading on very short term charts. I prefer the long-term investment view, and in my opinion, the outlook for silver has never been brighter from a technical perspective. We’re […]

Global Unemployment Is Rising

Jul 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Soft landings and resilient economy supported by strength in labor markets. At least that’s the narrative, the truth is completely different. Much of the developed world is being swept up in a wave of rising unemployment. Yes, including the US.Video Length: 00:19:13More By This Author:You Won’t Believe What China’s Central Bank Is Doing […]

Inflationary Pressures Ease In Vietnam

Jul 01, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay On Friday, the Dow Jones Index (US30) was down 0.12% (for the week -0.17%), while the S&P 500 Index (US500) was down 0.41% (for the week +0.02%). The Nasdaq Technology Index (US100) closed negative 0.71% (for the week +0.52%). Stocks initially went up as easing price pressures in the US briefly lowered T-bond yields and raised the odds of a Fed interest rate […]

Bitfinex unveils two new tokenized bonds on its securities platform

Jul 01, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitfinex and Mikro Kapital’s tokenized bonds feature competitive rates and monthly issuances. The bonds are issued on the Liquid Network, enhancing security and compliance. Bitfinex Securities Ltd and Mikro Kapital today announced the launch of two new tokenized bond issues, offering durations of 11 and 36 months with coupon rates of 10% and […]

S&P 500 Gains Amid Fed Rate Cut Speculation

Jul 01, 2024 Jeremy Parkinson Finance 0

The S&P 500 posted a small gain as investors anticipated key inflation data, hoping for indications of a potential Federal Reserve interest rate cut. The Dow Jones Industrial Average rose by 36 points and the Nasdaq Composite increased by 0.3%. The 10-year Treasury yield decreased slightly, and US oil prices rose by 1% due to […]

Disney And Pixar’s Inside Out 2 Breaks $1-Billion Milestone

Jul 01, 2024 Jeremy Parkinson Finance, No picture 0

Disney and Pixar’s latest animated feature, “Inside Out 2,” has joined the prestigious billion-dollar club, tallying $1.014 billion worldwide as of Sunday.This achievement marks it as the highest-grossing film of 2024 and the first since Warner Bros.’ “Barbie” to surpass the billion-dollar mark at the global box office. Breaking records and revitalising cinemas“Inside Out 2” has […]

USD/CHF Rises To Near 0.9000 Despite US Dollar Declines After Soft US Inflation Report

Jul 01, 2024 Jeremy Parkinson Finance, No picture 0

The USD/CHF pair moves higher to near the psychological resistance of 0.9000 in Monday’s European session. The Swiss Franc asset rises even though the US Dollar (USD) has faced a sharp sell-off after the United States (US) core Personal Consumption Expenditure Price Index (PCE) data for May fuelled expectations of early rate cuts by the Federal Reserve (Fed).The US […]

FX Is Getting REAL In Brazil

Jul 01, 2024 Jeremy Parkinson Finance 0

In this week’s Dirty Dozen [CHART PACK] we walk through monthly charts, update the internals picture, look at retail positioning in stocks, talk about the big breakout in USDBRL, and more.1. Friday was the last trading day of the month, giving us new monthly charts to scroll through over the weekend. Pulling back and looking at these longer […]

Summer Doldrums Arrive For S&P 500 Investors

Jul 01, 2024 Jeremy Parkinson Finance, No picture 0

Time for a pop quiz. What was the biggest market-moving headline from the past week?BZZZ, time’s up! It’s a trick question because no news story moved the needle for the stock market during the past week. The S&P 500 (SPX) closed out the week of trading at 5,460.48, down 0.08% from where it closed the previous […]