November 2024 - Page 127 of 229 -

DeFi Technologies launches CoreFi, a MicroStrategy-inspired model for leveraged Bitcoin gains

Nov 14, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways CoreFi Strategy provides regulated, leveraged exposure to Bitcoin and BTCfi through the Core blockchain. Following the paths of MicroStrategy and MetaPlanet, CoreFi Strategy aims to amplify returns by accumulating Bitcoin and CORE assets. Share this article DeFi Technologies has announced CoreFi Strategy, a new publicly traded company offering regulated access to Core’s BTCfi […]

Forex: It’s Just The Tremors , Before A Full Blown Dollar Tsunami

Nov 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Investors are caught in a whirlwind of global uncertainty and trade anxieties. With Trump’s anticipated tariffs looming like storm clouds, those markets in the line of tariff fire are bracing for impact.I hope you’re not underestimating what’s brewing because Trump’s trade and domestic agenda is setting up a USD moonshot like we’ve never […]

The Federal Reserve Is Paying Attention To Stabilizing Core Inflation

Nov 14, 2024 Jeremy Parkinson Finance 0

A month ago I asked who is paying attention to stabilizing core inflation. The question was timely given a host of financial indicators that showed mixed concern for the implications of inflation taking too much time to settle into the Federal Reserve’s target of 2%. Since then, long-term bond yields have continued higher as the […]

Gold Drops On Trump Victory As US Dollar Strengthens

Nov 14, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay Gold prices have come under pressure as US real yields, which often move inversely to bullion, increased slightly to 2.089%. The increase in yield decreases the appeal of gold, as higher yields make non-yielding assets less attractive to investors. Recent US inflation data shows the Consumer Price Index (CPI) rising as expected to […]

Elliott Wave Technical Analysis: Qualcomm Inc. – Thursday, Nov. 14

Nov 14, 2024 Jeremy Parkinson Finance 0

QCOM Elliott Wave Analysis Trading LoungeQUALCOMM Inc., (QCOM) Daily ChartQCOM Elliott Wave Technical AnalysisFUNCTION: Counter TrendMODE: CorrectiveSTRUCTURE: ZigZagPOSITION: Wave (C) of 2.DIRECTION: Downside in wave (C).DETAILS: Looking for further downside into Primary degree wave 2. There is a possibility we have a much larger top in place at 230$ and we are actually within a larger degree […]

The Canadian Dollar Is Under Pressure From A Rising Dollar And Falling Oil Prices

Nov 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash At the end of Tuesday, the Dow Jones Index (US30) rose by 0.11%. The S&P 500 Index (US500) was up 0.02%. The Nasdaq Technology Index (US100) was down 0.16%. Stocks were trading mixed on Wednesday. Stocks were supported by dovish comments from Minneapolis Fed President Kashkari, who said inflation is moving in the […]

FX Daily: A Taste Of What’s To Come

Nov 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Markets were quick to buy USD after a minor correction as US CPI was released yesterday. This move might reflect expectations for the coming year, as a USD-positive policy mix under Trump is likely to drive sustained bullishness for the dollar. In the near term, the positioning picture points to a deeper USD correction, but that […]

JD.com Reports 47.8% Surge In Net Income For Q3 2024

Nov 14, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash JD.com, Inc., (NYSE: JD) a prominent player in the supply chain-based technology and service sector, has reported a solid performance for the third quarter of 2024, showcasing a notable increase in both revenue and profitability. The company achieved net revenues of RMB260.4 billion (US$137.1 billion), marking a 5.1% increase compared to the same quarter in […]

Forex Today: Bitcoin Within Sight Of $100k

Nov 14, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels Bitcoin has continued to rise to reach new record highs, trading well over $93,000 yesterday, which suggests that it could reach $100,000 soon. The cryptocurrency Bitcoin has continued its strong bull run, rising yesterday to trade at almost $93,500. Bitcoin has been given a political boost by the victory of President Trump and […]

GBP/JPY Remains Tepid Around 197.50, Awaits BoE Bailey Speech

Nov 14, 2024 Jeremy Parkinson Finance 0

Photo by Colin Watts on Unsplash GBP/JPY remains under pressure ahead of a speech by BoE Governor Andrew Bailey scheduled for Thursday. The Pound Sterling may gain support due to increasing concerns among BoE officials about persistent price pressures. BoJ’s Uchida urged financial institutions and authorities to be prepared for sudden deposit outflows due to digitalization and […]