August 2024 - Page 145 of 238 -

US-China Trade Racing To Beat Clock On New Biden-Harris Tariffs

Aug 13, 2024 Jeremy Parkinson Finance, No picture 0

China’s exports to the U.S. increased year-over-year in June 2024. Looking forward to next month, China’s exports to the U.S. are expected to come in higher than previously projected as well.Unfortunately, the increase in Chinese goods arriving in the U.S. this summer is not because the U.S. economy is experiencing a summer growth spurt. Instead, […]

Are Financial Markets Facing A Stock Market Crash?

Aug 13, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels In just a few days, the global financial system found itself in deep trouble. Summer’s calm and carefree mood almost made us forget that the global economy has been on a razor’s edge for years. In just three weeks, over $6 trillion in stock market value has evaporated, despite the lull of recent […]

SP500 Daily Trade Plan – Tuesday, August 13, 2024 6:15 AM EDT

Aug 13, 2024 Jeremy Parkinson Finance 0

DepositPhotosIn this update we review the recent price action in the EMINI SP500 futures contract and identify a trade plan for the session ahead.Video Length: 00:03:42More By This Author:Daily Market Outlook – Tuesday, Aug. 13Daily Market Outlook – Monday, Aug. 12SP500 Weekly Wrap & Daily Trade Plan – Friday, August 9

The Week Ahead: July CPI, Long WMT Short HD & AMAT

Aug 13, 2024 Jeremy Parkinson Finance 0

Exactly one week ago the market was setting up for a scary open on Monday August 5. Buffett had sold half his Apple (AAPL) position and the BOJ had hiked interest rates to 0.25% threatening the yen carry trade. The Nikkei – the Japanese stock market – had its worst day since Black Monday 1987 falling […]

DBS Bank launches ‘treasury tokens’ pilot with Ant International

Aug 13, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways DBS Bank’s treasury tokens pilot with Ant International aims to cut transaction times significantly. The pilot is part of DBS’s involvement in Singapore’s projects exploring tokenization. DBS Bank, Singapore’s largest bank by assets, has initiated a pilot program for “DBS Treasury Tokens” in partnership with Ant International, aiming to improve treasury and liquidity […]

Australian Dollar Rises Amid Strong Economic Data

Aug 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay At Monday’s close, the Dow Jones (US30) Index was down 0.36%, while the S&P 500 (US500) Index closed at its opening level. The NASDAQ Technology Index (US100) closed positively, 0.21%. Strengthening chip stocks supported the overall market, led by Nvidia’s (NVDA) 4% gain. Additionally, energy stocks rose, with the price of WTI crude oil up more than +%.This week, markets await […]

USD/JPY Update: Market Movements And Key Levels To Watch

Aug 13, 2024 Jeremy Parkinson Finance 0

On Monday, August 12th, the USD/JPY pair briefly surged above the 148 level before experiencing a pullback. Recent data from the Commodity Futures Trading Commission and the London Stock Exchange Group revealed that leveraged funds have reduced their short positions on the yen to the lowest net short level since February 2023. Market Reactions Following […]

Sensex Today Trades Lower; Aarti Industries Down 10%

Aug 13, 2024 Jeremy Parkinson Finance 0

Asian stocks climbed, with equity benchmarks in Japan rising after a holiday as a weaker yen is seen providing support for exporters.MSCI’s Asia-Pacific stock index traded at its highest level since Aug. 5, after it recovered from last week’s rout.US stocks declined marginally on Monday after opening higher as investors brace for a deluge of […]

AUD/USD Forex Signal: Bullish Consolidation Above $0.6565

Aug 13, 2024 Jeremy Parkinson Finance 0

My previous signal on 6th August was not triggered, as the price did not make a bullish bounce when it first reached the support level at $0.6465.Today’s AUD/USD Signals Risk 0.75% Trades may only be entered prior to 5pm Tokyo time Wednesday. Short Trade Ideas Short entry following a bearish price action reversal on the H1 time […]

Elliott Wave Technical Analysis: Euro/U.S. Dollar – Tuesday, Aug. 13

Aug 13, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EURUSD Elliott Wave Analysis Trading Lounge Day Chart,Euro/U.S. Dollar (EURUSD) Day Chart EURUSD Elliott Wave Technical Analysis Function: Trend Mode: Impulsive Structure: Orange wave 3 Position: Navy blue wave 3 Direction Next Lower Degrees: Orange wave 4 Details: Orange wave 2 appears complete, and orange wave 3 is currently in progress. Wave Cancel Invalid Level: 1.07780 The EURUSD Elliott Wave Analysis on the daily […]