October 2024 - Page 17 of 244 -

EUR/USD Analysis: Neutral Performance With A Bearish Bias

Oct 30, 2024 Jeremy Parkinson Finance 0

Since the start of this week, the EUR/USD exchange rate has been trading in a neutral range with a slight bearish tendency, stabilizing around and below the support level at 1.0800. This pattern may continue until there is a reaction to the upcoming U.S. employment numbers and the Federal Reserve’s preferred inflation reading. The U.S. […]

Elliott Wave Technical Analysis – Cocoa Commodity

Oct 30, 2024 Jeremy Parkinson Finance 0

Cocoa Elliott Wave AnalysisAfter reaching an all-time high of 11,722 in April 2024, cocoa has shed over 40% in the last six months. The market was expected to correct after such an extended rally that lasted between November 2022 and April 2024. What structure is emerging for the corrective phase and how much deeper could it extend?Daily Chart […]

Beyond Girl Scout Dues: What Every Business Can Learn From A 160% Price Increase

Oct 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The Girl Scouts will raise dues from $25 to $65 over two years. That’s a whopping big percentage increase and a lesson for businesses as well as other non-profits.This increase will occur in two steps, the first in 2026 and the second in 2027. It’s the first dues increase in eight years. The […]

Market Turbulence Ahead: Buckle Up

Oct 30, 2024 Jeremy Parkinson Finance 0

Many events could roil the markets over the next two weeks and/or send them surging. Accordingly, it’s worth summarizing the political, monetary, and economic schedule to prepare for market turbulence.The intense schedule kicked off yesterday with the JOLTs report and Google earnings.Today is the ADP jobs report and Microsoft and Meta earnings. Thursday features Apple […]

DWF Labs appoints new partner following drink-spiking allegations against Eugene Ng

Oct 30, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Lingling Jiang replaces Eugene Ng as partner at DWF Labs following his removal due to drugging allegations. Allegations against Eugene Ng include spiking a woman’s drink, leading to his immediate removal from DWF Labs. Share this article DWF Labs has appointed Lingling Jiang as its new Head of Business Development Strategy. Jiang will […]

Italian GDP Data Disappoints As Resilience Begins To Fade

Oct 30, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay The lack of a detailed demand breakdown means that an obvious explanation for Italy’s flat GDP release isn’t quite clear. We suspect it was a combination of factors involving investments, but possibly also consumption and inventories.The preliminary estimate of Italian GDP for the third quarter (released by Istat) is a disappointing one. GDP was flat on […]

Caterpillar Inc. Reports 4% Decline In Q3 2024 Sales And Revenues

Oct 30, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Caterpillar Inc. (NYSE: CAT) reported its financial results for the third quarter of 2024, highlighting a decrease in sales and revenues compared to the same period last year. The company recorded sales and revenues of $16.1 billion, marking a 4% decline from $16.8 billion in the third quarter of 2023.This reduction was primarily attributed to […]

Eurozone Growth Surprises, Lifts Euro, While UK Budget Is Awaited

Oct 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Overview: The US 10-year yield is off around a dozen basis points off yesterday’s high and European growth in Q3 was better than expected. This appears to have encouraged some dollar liquidation today. The greenback is softer against the G10 currencies, but the Canadian dollar and sterling. The much-awaited UK Autumn budget will […]

Alibaba Soars! Why?

Oct 30, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash A look at the buzz around JPMorgan Chase’s increased stake in Alibaba, valued at a whopping HK$5.9 billion. Video Length: 00:28:53More By This Author:NIO Stock Surge – This Is Why The China Stock Market Is NOT Crashing – This Is Why Can NIO Stock Reach $1,000 By Raising Product Prices?

Elliott Wave Technical Analysis: Caterpillar Inc. – Wednesday, Oct. 30

Oct 30, 2024 Jeremy Parkinson Finance 0

CAT Elliott Wave Analysis Trading LoungeCaterpillar Inc., (CAT) Daily ChartCAT Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iii}.DIRECTION: Upside in wave (v) of {iii}.DETAILS: Looking for completion of wave (v), which could also turn out to be wave i of (v), suggesting more upside than expected could come.Caterpillar Inc., (CAT) 1H ChartCAT Elliott Wave Technical […]