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Daily Market Outlook – Wednesday, April 3

Daily Market Outlook – Wednesday, April 3

Image Source: Pixabay  On Wednesday, Asian stock markets are experiencing widespread losses, influenced by the negative trends in global markets. This was triggered by the rise in US Treasury yields due to strong economic data, raising worries about the future of interest rates. The latest data from the US revealed higher-than-expected growth in job openings, manufacturing, […]
Sensex Today Trades Lower; FMCG & Pharma Indices Fall

Sensex Today Trades Lower; FMCG & Pharma Indices Fall

Stocks in Asia fell Wednesday after solid economic readings and higher commodities prices spurred speculation that major central banks will keep interest rates higher for longer.Benchmarks in Australia, South Korea, and Japan declined, while Hong Kong share futures traded flat.Contracts on US equities edged lower after the S&P 500 fell 0.7% and the Nasdaq 100 […]
EUR/GBP Holds Positive Ground 0.8550 Ahead Of Eurozone Inflation Data

EUR/GBP Holds Positive Ground 0.8550 Ahead Of Eurozone Inflation Data

 Image Source: Unsplash   EUR/GBP gains ground near 0.8565 in Wednesday’s early European session.  BoE’s Bailey said the UK economy is moving towards the point where the central bank can begin cutting rates. ECB’s Holzmann said he has ‘no in-principle objection’ to a June rate cut, but wants to see more supportive data. The preliminary Eurozone […]
Silver Forecast: Slams Into Resistance

Silver Forecast: Slams Into Resistance

Silver has shown itself to be positive yet again during the trading session on Tuesday as it looks like we are threatening the $26 level. The $26 level of course is an area that a lot of people have been paying attention to for some time, and it has shown itself to be significant resistance […]
FX Daily: Dollar At The Crossroads

FX Daily: Dollar At The Crossroads

Image Source: Pixabay  FX markets are relatively quiet as traders focus on slowing inflation in Europe, poor EV sales from Tesla, and steady US data. The next big story will be whether investors cut their expectations for 2024 Fed rate cuts to just two from three and the dollar needs another leg higher. Precious metals suggest […]
Currencies And Stocks Out Of Sync

Currencies And Stocks Out Of Sync

Image Source: Pixabay  We’ve been in this weird period of trading where currencies and stocks are out of sync with one another. Key standouts on Wednesday’s calendar come from Eurozone inflation, US ADP employment, Canada PMI reads, US ISM services PMIs, and Fed speak.Video Length: 00:01:28More By This Author:Are US Equities At Risk For Bearish Reversal? […]
Forex Today: Gold Makes New Record At $2,288

Forex Today: Gold Makes New Record At $2,288

Image Source: Pexels A few hours ago, spot Gold again rallied to a new all-time high at $2,288. Gold tends to be positively correlated with risk assets, many of which have been enjoying rallies to new highs in recent days. Trend traders will want to be long here. Other precious metals have also been seeing gains, with Silver now trading at a […]
Super-Not-Impressive AI

Super-Not-Impressive AI

Photo by Steve Johnson on UnsplashI’m a tech guy. I think I’ve got the bona fides to prove it. Worked with computers since 1979. Online since 1982. Over twenty published books. Started and sold a software company. Always bought the latest stuff. Wrote a book about interconnected computers around the world in 1982, which was more than a decade before […]
Stock Investing For Kids: Surefire Path To Success!

Stock Investing For Kids: Surefire Path To Success!

Image Source: PexelsThe fundamental tenets of Mass Psychology, Mob psychology, and contrarian investing highlight the extreme peril of embodying a lemming in financial health matters. As Mark Twain once remarked, “Whenever you find yourself on the side of the majority, it is time to pause and reflect.” Adopting a lemming-like approach to ensure your portfolio’s well-being is unequivocally detrimental; […]
What Is Unearned Income? Understand How It Works

What Is Unearned Income? Understand How It Works

Image Source: PexelsThe dream of dividend growth investing is to create a large enough passive income stream that a person does not need a regular job and salary. Real estate investors have a similar motivation. They want to generate rental income from their properties. The Internal Revenue Service (IRS) views these income sources differently than W-2 wages. They […]