Archives by Month:

Archives by Year:

Ethereum leads $176 million crypto fund inflows as investors buy the dip

Ethereum leads $176 million crypto fund inflows as investors buy the dip

Key Takeaways Digital asset investment products saw $176m in inflows as investors bought the recent price dip. Ethereum attracted $155m in inflows, bringing its year-to-date total to $862m, the highest since 2021. Crypto funds attracted $176 million in inflows last week, with products indexed to Ethereum (ETH) leading the pack with $155 million in inflows, […]
Factors Contributing To Recent Equity Market Volatility

Factors Contributing To Recent Equity Market Volatility

Over the course of a little more than three weeks the S&P 500 Index fell -8.48% from its high on July 16 to a recent low on August 5. Since last Monday’s low the S&P 500 Index has recovered about 3% of its decline. According to BofA Global Research, -5%+ corrections have occurred on average […]
Making Huawei Stronger

Making Huawei Stronger

The June 15 issue of The Economist had the following headline and subhead: America’s assassination attempt on Huawei is backfiring The company is growing stronger—and less vulnerable  depositphotos But if the allusion to Nietzsche was ill-timed, the story itself contains some important insights: America’s assault continues. In May, for instance, regulators revoked a special permit allowing Intel and […]
NZD/USD Gains Momentum Ahead Of RBNZ Meeting

NZD/USD Gains Momentum Ahead Of RBNZ Meeting

Image Source: Unsplash  The New Zealand dollar is steadily rising against the US dollar, with the NZD/USD pair reaching 0.6014 as of Monday in today’s currency analysis. The financial markets are gearing up for Wednesday’s Reserve Bank of New Zealand (RBNZ) meeting. Analysts widely anticipate that the RBNZ will maintain the official cash rate at 5.5% […]
Asian Stock: PTT Exploration And Production

Asian Stock: PTT Exploration And Production

Company: PTT Exploration and Production Public Company LimitedBloomberg ticker: PTTEP TBMarket cap: US$16,285mBackground: PTT Exploration and Production Public Company Limited is a Thailand-based petroleum exploration and production (E&P) company. It operates in about 30 countries, including Algeria, Australia, Canada, Indonesia, and New Zealand. Its exploration and production (E&P) operations account for more than 90% of revenue.  World Class Benchmarking […]
USDJPY Is Unfolding A Five-Wave Bearish Impulse

USDJPY Is Unfolding A Five-Wave Bearish Impulse

USD/JPY is finally topping out this year at our 162-164 resistance area, where we called the end of a big ending diagonal on the daily chart. Notice that the price is now falling sharply and impulsively through the lower trendline support and straight, all the way down to the starting point of the wedge pattern, […]
S&P 500 Recovers After Getting Rattled By Japan’s Carry Trade Noise Event

S&P 500 Recovers After Getting Rattled By Japan’s Carry Trade Noise Event

The S&P 500 (SPX) got rattled on Monday, 5 August 2024, losing a full three percent of its value in a single day. Ironman That’s not a typical day for the index. Before 5 August 2024, there have been just 140 declines greater than 2.94% from previous trading day’s closing value recorded since 3 January 1950. Now there are […]
G10 FX Talking: Fed To Ease, Dollar To Settle Lower

G10 FX Talking: Fed To Ease, Dollar To Settle Lower

At the heart of the FX story is whether the US economy is slowing sharply and what the Fed is prepared to do about it. Given our team’s longstanding view of a US soft landing and, now, the Fed’s easing cycle starting with a 50bp cut in September, we look for a near-term orderly decline in the […]
CHINAH Index Prepares For Thursday’s Market Movers

CHINAH Index Prepares For Thursday’s Market Movers

Key economic data and earnings from China may drive CHINAH CHINAH index has slumped since its year-to-date high Alibaba earnings could impact both its shares and CHINAH JD.com earnings may shift focus on margins over market share Economists predict a better showing for July’s economic data The CHINAH index could be in for a thrilling Thursday! Markets are set to receive key economic data out […]
European Gas Prices Jump To An 8-Month High

European Gas Prices Jump To An 8-Month High

Image Source: Unsplash  On Friday, the Dow Jones (US30) was up 0.13% (for the week+1.17%), while the S&P 500 (US500) was up 0.47% (for the week+3.75%). The Nasdaq Technology Index (US100) closed positive 0.51% (for the week+6.57%). That day, all sectors ended trading in positive territory except for commodities. Notable highlights included Expedia, whose shares rose by 10.2% after the company reported second-quarter results that beat expectations.Canada’s […]