December 2024 - Page 131 of 137 -

BREAKING: WisdomTree files Form S-1 for spot XRP ETF with SEC

Dec 02, 2024 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways WisdomTree has filed for a spot XRP ETF with the SEC. The ETF would track XRP’s price, and Bank of New York Mellon is proposed as the trust administrator. Share this article WisdomTree has officially filed a Form S-1 registration statement with the Securities and Exchange Commission for a spot XRP exchange-traded fund, […]

New Home Sales And Home Prices Argue For Another Cut

Dec 02, 2024 Jeremy Parkinson Finance 0

New home sales fell by 17.30% in October, marking the most significant monthly decline in ten years, as shown in the graph on the left below. Furthermore, the supply of new homes on the market rose from 7.7 to 9.5 months. Not surprisingly, building permits fell by 0.4% following a 3.1% decline last month due […]

AUD/USD Stabilizes Amid US Dollar Pressures And Domestic Economic Strength

Dec 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash On Monday, the AUD/USD pair remains stable around the 0.6450 mark. After benefiting from the US dollar’s weakness during the extended US holiday weekend, the currency pair faced new pressures following remarks by US President-elect Donald Trump. Trump’s threat to impose 100% trade tariffs on BRICS nations if they pursue a universal currency […]

Daily Market Outlook – Monday, Dec. 2

Dec 02, 2024 Jeremy Parkinson Finance 0

Image Source: Pixabay The dollar is gaining momentum on Monday, recovering some of the losses from last week, partly due to unusual supportive remarks from the U.S. President-elect Donald Trump. Although 100% tariffs seem unlikely, his latest comments indicate a shift from his previous stance, where he openly advocated for a weaker dollar to address the […]

Donald Trump Threatens The BRICS Bloc With High Tariffs

Dec 02, 2024 Jeremy Parkinson Finance 0

Image Source: Pexels The Dow Jones Index (US30) was up 0.42% on Friday (+2.37% for the week). The S&P 500 Index (US500) added 0.56% (for the week +1.48%). The Nasdaq Technology Index (US100) increased by 0.90% (for the week +0.93%). Stocks rose moderately on Friday, with the S&P 500 and Dow Jones Industrials hitting new all-time […]

S&P 500 Rises To New High As Outlook For 2025 Rate Cuts Improves

Dec 02, 2024 Jeremy Parkinson Finance, No picture 0

Wall Street’s bulls had an especially good Thanksgiving week. In addition to having a holiday-shortened work week, they were especially thankful to have the prospect of an additional rate cut in 2025 put back on the table. In response to that good news, the S&P 500 (Index: SPX) rose to close at a new all-time record […]

Sensex Today Trades Lower; Nifty Below 24,100; Aegis Logistics Drags 6%

Dec 02, 2024 Jeremy Parkinson Finance 0

Equities rose across Asia on Monday following another record day on Wall Street, with traders also cheered by data suggesting China’s economic malaise is showing signs of easing.Hong Kong and Shanghai were among the best performers after data showed Chinese manufacturing activity expanded at a faster clip than expected in November.US equities joined a global […]

Forex Today: Trump Threatens BRICS Against De-Dollarization

Dec 02, 2024 Jeremy Parkinson Finance 0

Image source: Pixabay President-Elect Trump posted a strong warning to the BRICS nations over the weekend against pursuing an alternative currency of reserve to the US Dollar. While President-Elect Trump seems to have learned to moderate his language a bit since his first term of office, he was back in characteristic form over the weekend, when […]

Why BTCUSD Is Our Largest Position…

Dec 02, 2024 Jeremy Parkinson Finance 0

“We are a part of nature, and inside each of us is a wild self that knows deeply what it is meant to do. Inside each of us is a natural innate knowledge of why we are here. Tracking is a function of directing attention, bringing our awareness back to this subtle inner trail of […]

Gold Drops Over 1% As Dollar Surges After Trump Threatens BRICS With ‘100% Tariffs’

Dec 02, 2024 Jeremy Parkinson Finance, No picture 0

Image Source: Unsplash Gold prices fell as a stronger dollar weighed on sentiments, limiting demand for the yellow metal. Trump threatened the BRICS bloc with 100% tariffs if they seek alternative to the dollar. Gold traders wait for key economic data from the US this week as the market expects a 25% rate cut by […]