October 2024 - Page 128 of 130 -

Eurozone Inflation Falls Below Target As The ECB Mulls Faster Easing

Oct 01, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The ECB knew that this inflation print would come in weak as President Christine Lagarde mentioned at the September press conference but it still came in a tad weaker than most analysts had expected. While a bounce back in the fourth quarter has been expected, the question is to what extent this can materialise as petrol […]

Silver Records Historic Quarterly Close, Gold Hits Major Resistance

Oct 01, 2024 Jeremy Parkinson Finance 0

This week, we’ll look at gold and silver and see that each are at some very interesting inflection points. Starting with silver, we see that it has just closed the quarter at $31.14, its highest close in 12 years and its 5tth highest quarterly close of all time! Silver is up about 65% off its quarterly low […]

Pinduoduo – Major Chinese Turnaround Play

Oct 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Summary Pinduoduo shows strong technical indicators: 8% buy signals, 24.14+ Weighted Alpha, 37.83% annual gain, and a Trend Seeker buy signal since 9/27.. PDD Holdings, based in Dublin, operates Pinduoduo and Temu, focusing on digital economy integration with a market cap of $186 billion and a P/E of 13.94. Wall Street analysts are […]

Market Volatility Rises Amid Geopolitical Tensions, Economic Data, And Labor Strikes

Oct 01, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash The market is clearly grappling with a range of challenges, from escalating geopolitical risks to labor strikes and mixed economic data. The news of potential conflict between Iran and Israel is adding a significant layer of uncertainty, causing investors to shift towards safer assets like the US dollar, which strengthened as a result. […]

More Pain Paying For Produce And Other Essentials. The Corn And Ethanol Report

Oct 01, 2024 Jeremy Parkinson Finance 0

We kicked off the month with Redbook YoY at 7;55 A.M., S&P Global Manufacturing PMI Final at 8:45 A.M., ISM Manufacturing PMI, JOLT’s Job Openings, ISM Manufacturing Employment, Construction Spending MoM, ISM Manufacturing New Orders, ISM Manufacturing Prices, and JOLT’s Job Quits at 9:00 A.M., Dallas Fed Services Index and Dallas Fed Services Revenues Index at […]

Diddy hires Sam Bankman-Fried’s lawyer in bid for bail ahead of sex trafficking trial

Oct 01, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Diddy has hired Alexandra Shapiro, who also represents Sam Bankman-Fried, for his bail appeal. The judge denied Combs’ $50 million bond, citing public safety concerns. Share this article Sean “Diddy” Combs has hired Alexandra Shapiro, a prominent white-collar appellate lawyer, in his bid to secure bail after being denied release in a Brooklyn […]

Stocks Stalled By Middle East Tensions

Oct 01, 2024 Jeremy Parkinson Finance 0

Stocks are stumbling to start October, as geopolitical tensions rise in the Middle East. White House officials received word that Iran was preparing to launch ballistic missiles against Israel, just days removed from Israel’s advancement into Lebanon. Oil prices are spiking in response, with November-dated crude futures last seen 3% higher and trading back above $70 […]

Mark your calendars for October 9th: The official Solidus AI tech AI marketplace launch

Oct 01, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Share this article The future of AI is about to take a major leap forward with the launch of the AI Marketplace on October 9th. This game-changing platform, powered by SambaNova Systems, is set to revolutionize how we interact with AI technologies, making them accessible to businesses and developers alike.What is the AI TECH AI […]

Bitcoin drops below $62,500 on news of Iran’s imminent missile attack on Israel

Oct 01, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Bitcoin’s price fell below $62,500 amid news of an imminent Iranian missile attack on Israel. Geopolitical unrest, like the Iran-Israel conflict, influences Bitcoin’s market value. Share this article Bitcoin’s value plummeted below $62,500 on Tuesday following reports of Iran’s impending missile strike on Israel, CoinGecko data shows. At the time of reporting, BTC […]

Forex and Bitcoin trading: Exploring the best of both worlds

Oct 01, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Share this article In today’s competitive financial landscape, investors and traders seek ways to diversify their investments. Forex, one of the oldest markets, serves as a cornerstone for currency traders, while Bitcoin has disrupted traditional markets, presenting modern opportunities. Despite differing mechanics and histories, both represent lucrative possibilities, particularly in American markets, where BTCUSD pairs […]