July 2024 - Page 88 of 267 -

U.S. Trilogy: Debt-Based Dollar And Economy, Stablecoin Digital Currency, BRICS New World

Jul 22, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Debt-based dollar and economyOver a century ago the United States Congress approved a deceitfully promoted Federal Reserve Central Bank, which then established a new debt-based monetary system. Its concept of creating and introducing ever more currency into a country that had little debt, initially worked well to create economic stimulus at the time, […]

More Pain For CrowdStrike As IT Outage Damages Estimated To Top $1 Billion

Jul 22, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay In what experts are calling potentially the “largest IT outage in history,” cybersecurity firm CrowdStrike Holdings Inc. (Nasdaq: CRWD) is facing mounting pressure following a catastrophic software update that wreaked havoc across global industries.The incident, which occurred on Friday, July 19, 2024, resulted in widespread system failures affecting an estimated 8.5 million Windows devices worldwide. […]

GBP/USD Forecast: Pound Weakened On Dismal Retail Sales

Jul 22, 2024 Jeremy Parkinson Finance 0

The GBP/USD forecast leans bearish, with the pound hovering near Friday’s lows due to a disappointing UK retail sales report. Meanwhile, the dollar inched lower after US President Joe Biden announced on Sunday that he was dropping his re-election bid.The pound dropped on Friday after the UK released data showing sales fell by 1.2%, well […]

The Energy Report: Biden Is Out Of It

Jul 22, 2024 Jeremy Parkinson Finance, No picture 0

It looks like the democrats are the threat to democracy as the candidate that received the most votes in their primary is being forced to step down. Biden, the man who got the most votes in history in the last election and swept his party‘s nomination voting, is out of it. We did not hear […]

Meme coins outshine BTC and ETH in latest crypto rally

Jul 22, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Cat-themed meme coins averaged 8.8% gains in 24 hours, outperforming BTC and ETH. Meme-related tokens outpaced BTC by 5% and ETH by 9.3% over the past week. Bitcoin (BTC) briefly surpassed $68,000 on July 21st and sparked price leaps across the crypto market. In this landscape, meme coins have stolen the limelight by […]

The Commodities Feed: Middle East Tensions Build

Jul 22, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Energy – Specs trim Brent longsOil prices fell for a second consecutive week last week. ICE Brent settled about 2.8% lower last week, the biggest weekly decline since early May. Concern over weaker Chinese demand has weighed on the market. However, the market is trading higher in the Asian early morning with rising tension in […]

Unlocking ASX Trading Success: Transurban Group

Jul 22, 2024 Jeremy Parkinson Finance 0

ASX: TRANSURBAN GROUP – TCL Elliott Wave Technical Analysis1D Chart AnalysisGreetings,Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with TRANSURBAN GROUP (TCL). We observe TCL potentially bullish within the third wave of the third wave.ASX: TRANSURBAN GROUP – TCL Elliott Wave Technical Analysis1D Chart (Semilog Scale) Analysis Function: Major trend (Minor degree, grey) Mode: Motive Structure: Impulse […]

Russell 2000’s 250-Point Jump Over 6 Sessions Met With Selling At Potentially Important Technical Level

Jul 22, 2024 Jeremy Parkinson Finance 0

The Russell 2000’s 250-point surge over six sessions took many by surprise, not the least of which are those who were on the shorting side. This also comes at a time of probable economic deceleration ahead and a question mark over the likelihood in the quarters ahead of aggressive rate cuts by the Fed.The Russell […]

Verizon’s Q2 Revenue Falls Short Of Expectations, EPS In Line

Jul 22, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Verizon Communications Inc. (NYSE, Nasdaq: VZ) reported a solid second-quarter performance for 2024, marked by notable growth in wireless service revenue and broadband subscriber additions.The company’s total wireless service revenue reached $19.8 billion, reflecting a year-over-year increase of 3.5%. This growth was driven by the addition of 148,000 retail postpaid phone net additions and a […]

Expect Added Volatility

Jul 22, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay As the week gets going, the market will be contending with the latest bout of risk off flow which saw US equities reverse sharply off record highs. The flight to safety intensified in the latter portion of the previous week and Dollar demand picked up as well.Video Length: 00:00:55More By This Author:Doom And […]