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WTI Struggles Near Weekly Low, Below $68.00 Mark As Traders Await US NFP Report

WTI Struggles Near Weekly Low, Below $68.00 Mark As Traders Await US NFP Report

Image Source: Unsplash WTI drifts lower for the third straight day despite OPEC+ decision to delay production rise.  Concerns about a slowing demand in China overshadow geopolitical risks and exert pressure. Traders now look to the US NFP report, which will drive the USD and provide a fresh impetus. West Texas Intermediate (WTI) US Crude Oil […]
Top Analyst Reports For Home Depot, Johnson & Johnson & Salesforce

Top Analyst Reports For Home Depot, Johnson & Johnson & Salesforce

Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc. (HD), Johnson & Johnson (JNJ), and Salesforce, Inc. (CRM), as well as two micro-cap stocks, Preformed Line Products Co. (PLPC) and Cooper-Standard Holdings Inc. (CPS). […]
Bitcoin dips below $92K as 24-hour liquidations hit $1 billion

Bitcoin dips below $92K as 24-hour liquidations hit $1 billion

Key Takeaways Bitcoin’s price dropped below $92,000, resulting in over $1 billion in liquidations within 24 hours. Bitcoin quickly recovered to $96,500 after a 10% decline from its all-time high. Share this article Bitcoin briefly dipped below $92,000 today, marking a sharp decline of over 10% from its all-time high of $104,000 reached on Wednesday.The […]
USD/CAD Softens Below 1.4050 As Traders Await US NFP Data

USD/CAD Softens Below 1.4050 As Traders Await US NFP Data

Photo by Michelle Spollen on Unsplash USD/CAD weakens to near 1.4020 in Friday’s early Asian session.  The US weekly Initial Jobless Claims rose slightly last week.  Trump tariff threats could weigh on the Loonie and act as a tailwind for the pair.  The USD/CAD pair trades in negative territory around 1.4020 during the early Asian session on Friday. The US Dollar […]
Gold Tumbles As US Yields Jump As Traders Await US Nonfarm Payrolls

Gold Tumbles As US Yields Jump As Traders Await US Nonfarm Payrolls

Image Source: Pixabay Gold price drops as rising US Treasury yields diminish its appeal amidst uncertain Fed actions. Mixed US jobless claims data contribute to market volatility ahead of crucial Nonfarm Payrolls release. Fed Chair Powell’s optimistic economic assessment tempers expectations for imminent rate cuts. Gold price retreats on Thursday as investors digested the latest US jobless […]
There Is No Appetite For Fed Reform In Washington

There Is No Appetite For Fed Reform In Washington

Image source: Wikipedia Today in Politico , finance reporter Victoria Guida takes a look at the prospects for any meaningful reform that might rein in the Fed’s runaway powers that have expanded far beyond its historical remit in recent years.It seems the prospects are not good. For starters, the president-elect has no interest at all in having the […]
ECB Preview: Gut Feeling Vs Model-Based Judgement

ECB Preview: Gut Feeling Vs Model-Based Judgement

Image Source: Pixabay Somehow, we are back at where we were ahead of the European Central Bank’s October meeting. The only difference this time around is not whether to cut or halt but rather whether to cut by 25bp or by 50bp. As ahead of the October meeting, there are good arguments for both options. At the […]
Volatility May Be Returning To A Stock Market Near You

Volatility May Be Returning To A Stock Market Near You

The stock market started the day higher, but by the end of the day, it had given back most of its gains, with the S&P 500 finishing down about 19 basis points. We started to see some signs of expanding volatility. The VIX one-day, typically closer to 20 the day before a jobs report, managed […]
Why I Sold My United Airlines Stocks

Why I Sold My United Airlines Stocks

Image Source: Unsplash In my $5.8 million portfolio I just sold some of my United Airlines stock positions and here’s why.I started buying United Airlines Stock (UAL) in 2021 and dollar cost averaging down on key psychological levels to have a total of 608 shares of United Airlines stocks.I bought the post covid dip and as you can […]
How Big Is America’s Middle Class In 2024?

How Big Is America’s Middle Class In 2024?

Charted: America’s Income Distribution in 2024 This graphic visualizes the income distribution of all U.S. households in 2023, along with the range for which they would be considered middle class.Data is sourced from the Census Bureau, and all figures are inflation-adjusted.Pew Research estimates a household making between two-thirds to double the median annual income is considered […]