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Time To Buy These Top-Rated Basic Materials Stocks Amid An Uptick In Inflationary Data

Time To Buy These Top-Rated Basic Materials Stocks Amid An Uptick In Inflationary Data

Image Source: UnsplashAn uptick in inflation can of course be beneficial to many basic materials companies as they are often able to capitalize on higher commodity prices.Markets have remained resilient despite February’s CPI (Consumer Price Index) and PPI (Producer Price Index) data coming in hotter than anticipated but it may be time to consider buying several […]
AUD/JPY Struggles To Lure Buyers, Remains Below 98.00 Mark After RBA/BoJ Announcements

AUD/JPY Struggles To Lure Buyers, Remains Below 98.00 Mark After RBA/BoJ Announcements

Image Source: Unsplash AUD/JPY retreats from over a one-week high after the RBA and the BoJ announced their decisions. The RBA decided to keep the benchmark rates unchanged for the third straight meeting in March. The BoJ ends the negative interest rates era and also scraps the Yield Curve Control (YCC) policy. The AUD/JPY cross continues […]
Reserve Bank Of Australia Drops Its Tightening Bias

Reserve Bank Of Australia Drops Its Tightening Bias

Image Source: PexelsWhat has changed?The RBA met today to discuss policy, but there was no expectation of any rate change today, and the entire focus of the market was on the RBA’s statement and guidance.The sum-total of what markets are reacting to today amounts to eleven words, these are “…and a further increase in interest rates […]
EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era

EUR/JPY Gains Momentum Above 162.70 As BoJ Ends Negative Interest Rate Era

Image Source: Pixabay EUR/JPY holds positive ground around 162.77 after the BoJ rate decision.  BoJ decided to end a negative interest rate era that began in 2016, in line with market expectations. ECB’s de Cos said the central bank may start cutting rates in June if inflation in the eurozone continues to ease. Investors will focus […]
Bank Of Japan (Finally) Kills The World’s Last Negative Interest Rate, Yen Weakens

Bank Of Japan (Finally) Kills The World’s Last Negative Interest Rate, Yen Weakens

Image Source: PexelsAs has been thoroughly warned, straw-manned, leaked, and hinted at over the past few weeks (here, here, and here for example), The Bank of Japan hiked interest rates tonight for the first time since 2007. This move ends the world’s last negative interest rate policy.The vote, at 7-2 to scrap the negative interest rate (setting the policy rate […]
Metals Report For Monday, March 18

Metals Report For Monday, March 18

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in the gold and other relevant metal markets.Video Length: 00:08:27More By This Author:Financial Markets Report For Monday, March 18Metals Report For Thursday, March 14Financial Markets Report For Thursday, March 14
Amazon Looking For 7 Swing Correction

Amazon Looking For 7 Swing Correction

Image Source: UnsplashShort Term Elliott Wave view in Amazon (AMZN) suggests that wave 4 is in progress as double three Elliott Wave structure. Rally to 180.14. Down from there, wave A ended at 176 and the rally in Wave B ended at 177.08. The stock then resumed lower in wave c towards 173.3 which completed wave (w) in […]
March FT-Booth Macroeconomists Survey: GDP, Recession, R*

March FT-Booth Macroeconomists Survey: GDP, Recession, R*

Image source: PixabayThe FT-Booth Macroeconomist Survey was released today. GDP is slated to grow 2.1% in 2024, q4/q4.Figure 1: GDP (bold black), CBO projection (blue), Survey of Professional Forecasters (red), FT-Booth median forecast (brown inverted triangle), GDPNow of 3/14 (light blue square), all in bn.Ch.2017$. Source: BEA 2024Q4 2nd release, CBO Budget and Economic Outlook (February), Philadelphia Fed SPF, Booth […]
Asia Morning Bites For Tuesday, March 19

Asia Morning Bites For Tuesday, March 19

Image Source: UnsplashGlobal Macro and Markets Global Markets: Considering all the hype today’s BoJ meeting has received, the JGB market is remarkably calm. 2Y JGB yields have drifted lower since the weekend, despite a Nikkei article that seems to be taking a rate hike and end to YCC at today’s meeting as a done deal. The yield […]
Current Analysis: Decisive Dividend

Current Analysis: Decisive Dividend

Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Decisive Dividend Corp (DE.V) is an acquisition-oriented company, focused on opportunities in manufacturing.The corporation’s purpose is to be the sought-out choice for exiting legacy-minded business owners while supporting the long-term success of the […]