October 2024 - Page 12 of 132 -

Pace Of Carbon Dioxide Accumulation Quickens Despite China’s Slowing Economy

Oct 17, 2024 Jeremy Parkinson Finance 0

The pace at which carbon dioxide accumulates in the Earth’s air continues to rise. Through September 2024, that pace is nearing the record for the modern era recorded in January 2017.That increase has taken place as China, the world’s largest source of CO₂ emissions, has seen its factory output slow as the nation’s industrial output has weakened. Even […]

Put Market Risk Reward In Your Favor

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels Understanding the Risk-to-Reward Ratio To Minimize Risk and Maximize ReturnsIn the world of trading, every decision involves a balance between potential gains and possible losses. Traders must continuously assess this balance to maximize profits while minimizing setbacks.This is where the risk-to-reward ratio comes into play, serving as a valuable tool to quantify this […]

AUD/USD Rises Following Strong Australian Employment Data

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay AUD/USD rebounded on Thursday after three consecutive days of declines, supported by robust employment data from Australia that bolstered the hawkish outlook on the Reserve Bank of Australia’s (RBA) monetary policy.Key Employment Data Highlights: Job Creation: The Australian economy added 64.1k jobs in September, significantly surpassing the expected 25.0k. This marked improvement suggests […]

Gold & Silver Miners Price Targets & Sell Signal Indicator

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The upside targets in GDX, GDXJ and SLV if Gold goes to $3000 and Silver to $35. Also, new highs indicator can help identify sell signals.Video Length: 00:10:35More By This Author:When Will The Stock Market Hit Its Secular Peak? Gold & Silver Targets: What To Expect Medium Term One More Leg Higher In […]

US30 Index Reaches A Record High

Oct 17, 2024 Jeremy Parkinson Finance 0

Dow Jones hits record high Morgan Stanley surges 6.5% after strong earnings Utilities gain from Dominion Energy and Amazon deal Key earnings reports due next week for major firms Yesterday (October 16) the Dow Jones Industrial Average achieved a record high, closing at 43,135.70 points, marking its third peak in four sessions.Meanwhile, the S&P 500 rose by 0.47% to 5,842.47, while the Nasdaq […]

Sensex Today Trades Flat; Nifty Below 25,000

Oct 17, 2024 Jeremy Parkinson Finance 0

Asian markets traded mixed following overnight gains on Wall Street.Japan’s Nikkei 225 was flat, while the Topix rose 0.34%.The US stock market ended higher on Wednesday led by financial stocks, with the Dow Jones Industrial Average closing at a record high.The Dow Jones rallied 337.3 points, or 0.8%, to 43,077.7, while the S&P 500 gained […]

EUR/USD Extends Decline Ahead Of ECB Policy Meeting

Oct 17, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay EUR/USD extends its downside to near 1.0850 as traders brace for the ECB policy meeting. The ECB is expected to cut its key borrowing rates by 25 bps for the second straight meeting. Growing speculation for Trump’s victory has strengthened the US Dollar. EUR/USD exhibits weakness near 1.0850 on Thursday. The major currency […]

A Strong Australian Labor Market Report Reinforced The RBA’s Hawkish Stance

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Pexels At the end of Wednesday, the Dow Jones Index (US30) was up 0.79%, the S&P 500 Index (US500) was up 0.47%, and the Nasdaq Technology Index (US100) closed positive 0.07%. Stronger-than-expected corporate earnings results supported stocks. In addition, a weaker-than-expected UK consumer price report for September lowered global bond yields, which was favorable […]

Elliott Wave Technical Analysis: Euro/British Pound – Thursday, Oct. 17

Oct 17, 2024 Jeremy Parkinson Finance 0

EURGBP Elliott Wave Analysis Trading Lounge Euro/British Pound (EURGBP) Day ChartEURGBP Elliott Wave Technical Analysis Function: Counter Trend Mode: Corrective Structure: Navy Blue Wave 2 Position: Gray Wave 1 Direction Next Lower Degrees: Navy Blue Wave 3 Details: Navy Blue Wave 1 is now completed, and Navy Blue Wave 2 is currently unfolding. Wave Cancel Invalidation Level: 0.86261 The EURGBP daily chart Elliott Wave […]

Here’s Why The Uranium ETF URA Has Gone Vertical

Oct 17, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The Global X Uranium ETF is a large fund that has invested in uranium companies. Its top constituents are companies like Cameco, Uranium Energy Corp, and Nexen Energy. Companies like Microsoft and Google are investing in the nuclear energy sector. The Global X Uranium ETF (URA) has bounced in the past few […]