January 2025 - Page 127 of 245 -

Retail Sales Miss Expectations, While Inflation Adjusted Sales Remain Stagnant

Jan 16, 2025 Jeremy Parkinson Finance 0

Retail sales came in at $729.2 billion in December, a gain of +0.4% for the month. This was below the streets expectations of a gain of +0.6%. But still another record high. Novembers results were revised higher as well. Retail sales are up 3.9% over last years results, a modest slowdown from last months 4.1% […]

Market Movers: The Insider’s Guide To Today’s Hottest Trades

Jan 16, 2025 Jeremy Parkinson Finance 0

Image Source: Pixabay Macro Review: Risk-On Sentiment Fuels Small Caps As markets gear up for Thursday, January 16th, the macro backdrop continues to support a “risk-on” environment, driven by key indicators and economic data. Small-cap stocks, represented by the Russell 2000 Index (IWM), are benefiting from positive tailwinds, with technical resistance levels at $227.17 and $229.85 […]

FTSE Prints One Month Highs As Global Yields Retreat From Peaks

Jan 16, 2025 Jeremy Parkinson Finance 0

Image Source: Pexels British stocks extended their gains on Thursday, with the FTSE 100 rising 0.9% to reach its highest level in over a month, as investors looked toward potential Federal Reserve rate cuts following a decline in US core inflation. Precious metal miners advanced 3.2%, with gold prices near one-month highs, while aerospace and defence […]

Stocks Choppy As Earnings Reports Trickle In

Jan 16, 2025 Jeremy Parkinson Finance 0

Stocks are following up their best session since November with a muted midday performance. Investors are assessing a slew of corporate earnings reports, while the 10-year Treasury yield pulls back from 14-month highs wrought earlier this week. At last glance, the Dow Jones Industrial Average (DJI) and Nasdaq Composite Index (IXIC) are inching into the red, […]

Tether debuts USDT0 stablecoin on Kraken’s Ink Layer 2

Jan 16, 2025 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Tether introduces USDT0 to enhance USDT’s interoperability, allowing seamless transfers across chains with LayerZero’s OFT standard. USDT0 launches on Kraken’s Ink L2, with plans to expand to Berachain and MegaETH, offering users unparalleled access to USDT liquidity. Share this article Tether has announced the launch of USDT0 on Kraken’s Layer 2 blockchain, Ink. […]

EUR/USD Is Trading At Strong Support While Finishing A Correction

Jan 16, 2025 Jeremy Parkinson Finance 0

EURUSD came lower as expected, broke into the fifth wave we talked about last few weeks, and it finally moved into important support levels at 1.02 area. Notice that we are actually tracking the final leg within this downtrend from 2024 high, so ideally its wave C of a higher degree A-B-C correction, meaning that […]

Unlocking ASX Trading Success – Coles Group Limited

Jan 16, 2025 Jeremy Parkinson Finance 0

COLES GROUP LIMITED. – COL Elliott Wave Technical Analysis TradingLoungeGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with COLES GROUP LIMITED. – COL. We see ASX:COL as possibly moving higher in the (5)-orange wave. And this deeper analysis will provide key Key Point levels to help readers identify important turning points, such as […]

Coinbase brings back Bitcoin-backed loans with Morpho’s DeFi integration

Jan 16, 2025 Jeremy Parkinson Cryptocurrency, No picture 0

Key Takeaways Coinbase’s Bitcoin-backed loans, powered by Morpho, provide USDC instantly, leveraging cbBTC for seamless on-chain functionality. This new offering follows Coinbase’s exit from its Borrow program in November 2023, signaling a renewed focus on Bitcoin lending. Share this article Coinbase has introduced Bitcoin-backed loans through its partnership with Morpho, a decentralized finance protocol with […]

Asian Stock: Synnex Technology International

Jan 16, 2025 Jeremy Parkinson Finance 0

TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Synnex Technology International CorporationBloomberg ticker: 2347 TTMarket cap: US$3,629mBackground: Synnex Technology International Corporation primarily markets computers, computer peripherals, software, network products, and telecom products. The company originates in Taiwan and has operations in 38 countries, covering 200 cities. […]

10-Year US Treasury Yield ‘Fair Value’ Estimate – Thursday, Jan. 16

Jan 16, 2025 Jeremy Parkinson Finance 0

The market premium for the US 10-year Treasury yield eased in December after rising for two straight months. The analysis uses a “fair value” estimate calculated by CapitalSpectator.com. Despite the downshift, the market continues to price the 10-year yield at a relatively high level compared with the pre-pandemic range.The current market premium over the average fair value […]