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Google Cloud rolls out Ethereum-compatible blockchain RPC service

Google Cloud rolls out Ethereum-compatible blockchain RPC service

Key Takeaways Google Cloud’s new Blockchain RPC service simplifies web3 development. The service offers scalability and supports Ethereum with plans for more chains. Share this article Google Cloud has unveiled its new Blockchain Remote Procedure Call service to simplify blockchain development for web3 developers, making it easier for them to interact with blockchain data, as […]
The Question Is: Are We Overextended On Rate-Cut Bets, Setting Up For A Head-Over-Heels Tumble?

The Question Is: Are We Overextended On Rate-Cut Bets, Setting Up For A Head-Over-Heels Tumble?

Image Source: PixabayMARKETSU.S. stocks closed mostly flat on Tuesday despite a stronger-than-expected retail sales report that helped soothe fears of an economic nosedive ahead of the much-anticipated Fed policy meeting. Sure, the retail sales numbers were a bit stronger, but they didn’t shake the prevailing 50 bp cut narrative—the Fed’s guidance is still shrouded in uncertainty, […]
Financial Markets Report For Tuesday, Sept 17

Financial Markets Report For Tuesday, Sept 17

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, September 17.Video Length: 00:12:10More By This Author:Financial Markets Report For Monday, Sept 16Financial Markets Report For Thursday, Sept 12Metal Markets Report For Wednesday, Sept 11
Winning Streaks In The Stock Market

Winning Streaks In The Stock Market

Image Source: PexelsAnd this stock market winning streak comes after a 4 day sell-off, and just just a couple of weeks later, the market have finished off an 8 day winning streak.It kind of feels like this market is beholden to nothing but streaks these days and why is that?I think some of it is coming […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Sept 17

Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Sept 17

Image Source: UnsplashThere is not much to be adding to current analysis on this FED eve. Thanks to Daniel (a long-time subscriber) for bringing to my attention that in the past I have mentioned the potential for an irregular “b” wave within the Minor 4th wave corrections. With that in mind I take the time to […]
USD/CAD Holds Positive Ground Near 1.3600 On Firmer US Dollar

USD/CAD Holds Positive Ground Near 1.3600 On Firmer US Dollar

Photo by Michelle Spollen on Unsplash USD/CAD strengthens around 1.3600 in Wednesday’s early Asian session.  Traders are pricing in nearly 60% odds of a 50 bps Fed rate cut.  Canadian CPI rose 2.0% YoY in August vs. 2.5% prior, softer than expected.  The USD/CAD pair trades in positive territory for a fourth consecutive day near 1.3600 during the […]
Silver Price Forecast: XAG/USD Is Subdued Around $30.60

Silver Price Forecast: XAG/USD Is Subdued Around $30.60

Image Source: Pixabay Silver is range-bound, amid bullish momentum, but flattening RSI signals indecision. A break above $31.09 could see Silver testing $31.75 and the YTD high at $32.51. On the downside, $30.52 is first support, followed by $29.86, with additional levels at the 100-DMA ($29.36) and 50-DMA ($28.98). Silver price consolidates for the second straight day, […]
EUR/USD Stalls Out As Fed Rate Call Rounds The Corner

EUR/USD Stalls Out As Fed Rate Call Rounds The Corner

Image Source: Pixabay EUR/USD flattened just below 1.1150 on Tuesday. Markets are pulling into the midrange ahead of the Fed’s Wednesday rate call. Markets are still split on the depth of an initial Fed rate cut. EUR/USD halted a near-term bullish recovery on Tuesday, easing off of bullish pressure and chalking in an indecision pattern just above […]
Gundlach’s September Macro Outlook

Gundlach’s September Macro Outlook

In his webcast titled “1984” in remembrance of George Orwell’s dystopian novel, DoubleLine Founder and CEO Jeffrey Gundlach on Sept. 10, 2024, dives “into the subject of the Fed and some of the variables that will likely underpin their logic and their thinking” at the Sept. 18 meeting of the rate-setting Federal Open Market Committee […]
Why Interest Rates Are Not The Price Of Money

Why Interest Rates Are Not The Price Of Money

Image Source: Pixabay According to mainstream economics, interest rates are the price of money, but the Austrian school says differently. To understand these conflicting ideas, we must understand what prices, money, and interest are. First of all, prices are exchange-ratios between goods and/or services. An apple might be exchanged for a pear or two bananas. In […]