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Australian Dollar Holds Ground After The Release Of China GDP Data

Australian Dollar Holds Ground After The Release Of China GDP Data

Image Source: Unsplash The Australian Dollar rises as the solid employment data diminish the odds of RBA’s rate cuts in 2024. China’s Gross Domestic Product reported a 4.6% growth YoY in Q3, compared to the previous 4.7% reading. The US Dollar received support from a solid US Retail Sales report, fueling the likelihood of the Fed delivering […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Friday, Oct 18

Gold Trading Strategy, XAUUSD Analysis & Forecast – Friday, Oct 18

Image Source: PixabayToday you will see GOLD price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:29More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Has American Economic Output Been In Decline Since 2022?

Has American Economic Output Been In Decline Since 2022?

Image Source: PexelsThis is the premise of a new paper by Peter St. Onge and EJ Antoni. I have been trying to find a deflator that can yield that US GDP in 2024Q2 is 2.5% below 2019Q1 levels. Based on their discussion in their paper, as well as a video by Dr. St. Onge, I have tried calculating a consumption […]
Asia Morning Bites For Friday, Oct 18

Asia Morning Bites For Friday, Oct 18

Image Source: Unsplash Global Macro and Markets   Global Markets: US Treasury yields headed higher in a curve-steepening move that may have had as much to do with the re-imposition of “Trump trades” than anything macro or Fed-related. That said, there was some solid US retail sales data to consider (see also below). https://think.ing.com/snaps/solid-us-spending-points-to-cautious-cuts/ 10Y yields rose 7.8bp […]
The List Of Bearish Technical Patterns In The Market Grows

The List Of Bearish Technical Patterns In The Market Grows

Image Source: PexelsToday was one of those mornings when I was having a peaceful sleep. My wife even let me sleep in late (7 AM), not waking me to help get the kids out the door. Of course, when I realized what time it was, I realized that Taiwan Semi had already released its results. After […]
2 Finance Stocks To Buy After Q3 Earnings: PGR & PNC

2 Finance Stocks To Buy After Q3 Earnings: PGR & PNC

Image Source: PexelsInsurance giant Progressive Corporation (PGR – Free Report) and banking leader PNC Financial Services Group (PNC – Free Report) are two top-rated finance stocks to consider after exceeding their Q3 top and bottom line expectations on Tuesday.Here’s a brief review of their Q3 reports and a look at why now is still a good time to buy Progressive shares which […]
Current Report: Verizon Communications

Current Report: Verizon Communications

Image Source: PixabayWireless services account for about 70% of Verizon Communications’ (VZ) total service revenue and nearly all of its operating income.The firm serves about 93 million postpaid and 21 million prepaid phone customers (following the acquisition of Tracfone) via its nationwide network, making it the largest US wireless carrier.Fixed-line telecom operations include local networks in […]
Financial Markets Report For Thursday, Oct 17

Financial Markets Report For Thursday, Oct 17

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Thursday, October 17.Video Length: 00:13:04More By This Author:Metal Markets Report For Wednesday, Oct 16Financial Markets Report For Wednesday, Oct 16Why Central Banks Are Slashing Interest Rates: What It Means For You?
Netflix, Intuitive Beat Q3 Earnings Easily

Netflix, Intuitive Beat Q3 Earnings Easily

Image Source: UnsplashMarkets cooled off today, quickly dropping shortly after the opening bell this morning. In fact, the small-cap Russell 2000, which outshone the major indexes yesterday, fell into negative territory early and stayed there virtually all session. Among the four major indexes, it’s hard to get flatter than this: the Dow was up +162 points, […]
A Surge In US R&D Spending

A Surge In US R&D Spending

Image Source: PexelsFrom a conceptual point of view, the economics of research and development is the opposite of pollution. When a private party carries out an economic activity that leads to pollution, the private party gets the economic benefit, but the broader society bears the costs (in the jargon, a “negative externality”). However, when a private […]