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Archives by Year:
Bear Of The Day: Robert Half Inc.
Robert Half Inc. (RHI) is a global staffing and consulting firm specializing in professional services. Founded in 1948 and headquartered in Menlo Park, California, Robert Half operates through various divisions, including Accountemps, OfficeTeam, Robert Half Technology, Robert Half Finance & Accounting, and Protiviti, its consulting arm. The company provides temporary, full-time, and project-based staffing solutions in […]
3 Crypto Stocks To Watch As Bitcoin Stages A Comeback
The broader market bloodbath last week also saw cryptocurrencies suffering. Bitcoin, which is trying to stage a rebound after slowing down over the past couple of months, saw prices falling below $55,000.However, fresh economic data released last week eased some of the fears from the minds of investors, and Bitcoin is once again trying to […]
Europe’s Inflation May Rise Due To Olympics And Taylor Swift Events, But UBS Claims Local Wallets Will Remain Unscathed
As the Paris 2024 Olympics unfold, they have significantly impacted the local economy, particularly in the hospitality sector. According to CoStar data, the first week of the Games saw a staggering 206% year-over-year increase in revenue per available room (RevPAR) across Paris. This surge was driven by a remarkable 17.4 percentage point rise in occupancy rates, reaching […]
Ethereum Teases Push To $3,000? TOP Altcoins For ETH Rally
As Ethereum (ETH) edges closer to the $3,000 mark, its ripple effect is likely to boost coins within its ecosystem, including Shiba Inu (SHIB), Toncoin (TON), and Pepe (PEPE). As the pendulum swings in Ethereum (ETH)’s favour, the related projects are smartly positioned to reap the benefits – and possibly even outperform the cryptocurrency itself. Ethereum […]
Australian Dollar Maintains Strength Amid RBA’s Firm Stance
The AUD/USD pair experienced an increase of 0.40% during Monday’s session, settling near 0.6600. Undoubtedly, the Reserve Bank of Australia’s (RBA) unwavering hawkish stance and stronger Chinese inflation figures reported last week provide a supportive platform for the Aussie, although escalating geopolitical tensions in the Middle East might limit its upside.Considering the mixed Australian economic […]
NASDAQ Nice Reaction Higher From Blue Box Area
In this technical blog, we will look at the past performance of the 4-hour Elliott Wave Charts of NASDAQ. We presented to members at the elliottwave-forecast. In which, the rally from the 13 October 2022 low unfolded as an impulse structure and showed a green right side tag. Suggested that the index should see more upside extension to […]
Softs Report – Monday, August 12
Photo by Trisha Downing on Unsplash COTTONGeneral Comments: Cotton was little changed last week before the release of the USDA reports on Monday, and trends are still mostly down despite ideas of improving demand due to the cheaper prices. Getter crop condition ratings from USDA kept ideas of big production around. It looks like futures are cheap enough for […]
Bull Of The Day: Taiwan Semiconductor Taiwan Semiconductor Shares Trade at a Fair Valuation
Taiwan Semiconductor (TSM) is the world’s largest and most advanced contract semiconductor manufacturer, or “foundry.” Founded in 1987 and headquartered in Hsinchu, Taiwan, TSM produces chips for a wide range of industries, including consumer electronics, automotive, and now the Artificial Intelligence industries.The company is known for its cutting-edge technology and innovation, especially in advanced process nodes […]
Global Markets Reacts To The Japanese Yen Carry Trade Unwind
Last Monday, global equities and digital assets underwent a dramatic selloff as the unwinding of the Japanese yen carry trade rattled markets. The S&P Global Broad Market Index (BMI), which measures the performance of more than 14,000 stocks around the world, retreated 3.3%, its worst trading day in over two years. The Tokyo Stock Price […]
All Important USDA August WASDE. The Corn & Ethanol Report
Image Source: UnsplashWe kickoff the day with Consumer Inflation Expectations and Export Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M., Crop Production, USDA Supply/Demand, and WASDE at 11:00 A.M., Monthly Budget Statement at 1:00 P.M., and Crop Progress at 3:00 P.M. Manage funds on Tuesday were net short 42000, contracts of corn, soybean, […]
