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Four Top Things To Watch For In The Financial Markets In April 2024

Four Top Things To Watch For In The Financial Markets In April 2024

 Image Source: Pexels   April 2024 is set to have a stacked calendar for investors, with plenty going on. From incoming IPOs to interest rate decisions, there’s a lot happening. Here, we break down four top things to watch for this month. Although it seems that mere days of 2024 have passed, we are already finished […]
Unexpected Manufacturing Boom In March Propels Dollar, Pushes Down Crypto

Unexpected Manufacturing Boom In March Propels Dollar, Pushes Down Crypto

Image source: Pixabay  The cryptocurrency market experienced significant volatility over the past month, with Bitcoin and Ethereum showcasing substantial price fluctuations.At its peak during the period, Bitcoin traded at the $73,000 level and Ethereum at the $4,000 level. Today, both cryptocurrencies saw a significant decline, with Bitcoin dropping over 5% to $66,010 at the time of writing […]
NASDAQ Forecast: Continues To See Buyers

NASDAQ Forecast: Continues To See Buyers

I look at each and every pullback as a buying opportunity and currently I see the 17,775 level as your floor. The Nasdaq 100 has gapped higher to kick off the trading week and then shot to the upside. That being said the market looks as if it is going to try to get to […]
USD/BRL Analysis: Higher Values And More Volatility Coming Short-Term

USD/BRL Analysis: Higher Values And More Volatility Coming Short-Term

The USD/BRL will begin its trading today near values last seen in late October of 2023; the currency pair has mirrored volatile conditions in Forex as nervousness builds. Traders who do not have open positions in the USD/BRL today as Forex begins may count themselves as lucky. Volatility is likely to be seen when the […]
USD/CAD Price Analysis: Consolidates Around 1.3580 Ahead Of US Job Data

USD/CAD Price Analysis: Consolidates Around 1.3580 Ahead Of US Job Data

USD/CAD trades lacklustre around 1.3580 as the focus shifts to US JOLTS Job Openings data. Traders pare Fed rate cut bets for June on strong US Manufacturing PMI. USD/CAD is on the verge of breaking out of the ascending triangle pattern. The USD/CAD pair trades sideways around 1.3580 in Tuesday’s European session. The Loonie asset […]
Gold Analysis: Bullish Breakouts Continue

Gold Analysis: Bullish Breakouts Continue

As is known, the price of gold is sensitive to fluctuations in interest rates because it affects the opportunity cost of holding bullion that does not generate a return. At the start of April trading, gold futures rose to their highest levels ever. The yellow metal price was on edge with expectations that the Federal […]
Market Corrections Matter More Than You Think

Market Corrections Matter More Than You Think

During running bull markets, much commentary is written on why this time is different and why investors should not worry about market corrections. One such piece was written recently by Fisher Investments. To wit: “After the S&P 500’s 26% return last year and this year’s strong start, many investors are worried – understandably – that this bull run […]
Bitcoin Is Still In A Higher Degree Correction

Bitcoin Is Still In A Higher Degree Correction

Image Source: DepositPhotosBitcoin with ticker BTCUSD is trading in strong five-wave bullish trend as expected and the trend may resume after a corrective slow down. After we spotted a completed wave (5) of 3 in the 4-hour chart, we are still tracking a higher degree wave 4 correction. It just turned out to be more […]
Singapore’s Central Bank Likely To Retain All Settings Next Week As Inflation Remains Sticky

Singapore’s Central Bank Likely To Retain All Settings Next Week As Inflation Remains Sticky

Image Source: Pexels  The Monetary Authority of Singapore meets next week to discuss policy, but we’re not expecting any changes.  MAS is widely expected to retain settings next weekThe Monetary Authority of Singapore (MAS) meets next week to discuss policy. This is the MAS’s second meeting for 2024 now that it meets four times a year. We expect the […]
Median Household Income In February 2024

Median Household Income In February 2024

According to Motio Research, median household income dipped in February 2024. The firm’s estimate of February 2024’s median household income is $77,265, a small decrease of $132 (-0.2%) from the firm’s initial estimate of $77,397 for January 2024.Motio Research’s estimates are based on income data collected by the U.S. Census Bureau as part of its monthly Current Population […]