Author Archive: Jeremy Parkinson
Current Report: Kobe Steel
Image Source: Unsplash Kobe Steel Ltd (KBSTF) is a Japan-based company that is primarily engaged in iron and steel, aluminum and copper, construction machinery, nonconstruction machinery, and engineering businesses.Its iron and steel business involves the production of steel products, steel casting and forging, and manufacturing of titanium and steel powder.Its aluminum and copper segment manufactures aluminum […]
What If? Thoughts On The No Excess Demand Scenario
It’s become commonplace to assert that the passage of the American Rescue Plan ignited inflation, dooming the prospects for the Biden and Harris candidacies. Consider this piece: The least contentious point of criticism is the macroeconomic effect of the ARP, specifically on the issue that has wreaked havoc on the Biden administration, doomed progressive policies in […]
Scenarios For 2025
Over the past couple of weeks and into the next few weeks, you will likely be inundated with economic forecasts and stock market scenarios for 2025. We do not want to add to your pile of scenarios, but we think it may be valuable to share the latest thoughts from our colleague Jim Colquitt of […]
Forex Today: Japanese Yen Advances As Sour Risk Mood Closes Out 2024
Image source: Pixabay Risk appetite continues to be hit as stocks and risky assets are sold as the year-end rally evaporates. The end of year risk-on rally has vanished, with stock markets falling since Friday and Bitcoin trading near the December low. Traders had hoped for a “Santa Claus rally” which would extend the strong gains […]
EUR/USD Price Analysis: Immediate Resistance Appears At Nine-Day EMA Above 1.0400
EUR/USD may depreciate further as the short-term price momentum is weaker. The initial support appears at its two-year low of 1.0332, recorded on November 22. The nine-day EMA acts as immediate resistance at the 1.0417 level. EUR/USD recovers its recent losses from the previous session, trading around 1.0410 during the European hours on Tuesday. A […]
Sensex Today Trades Lower; Nifty Below 23,600
Asian shares struggled for direction on the last trading day of 2024, on course for their first quarterly loss this year after a weak showing on Wall Street.US stocks dropped on Monday on a sell-off in Big Tech companies and on elevated Treasury yields.Here’s a table showing how US stocks performed on Monday: Stock/Index LTP […]
BTC/USD Forex Signal: Bitcoin Sits At Key Support Level
Bearish View Sell the BTC/USD pair and set a take-profit at 85,000. Add a stop-loss at 96,000. Timeline: 1-2 days. Bullish View Buy the BTC/USD pair and set a take-profit at 100,000. Add a stop-loss at 85,000. Bitcoin price remained under pressure, forming a head and shoulders pattern, even after major purchases by companies like […]
Best US Dollar Performance Since 2015
Image Source: Pexels The US Dollar will look to close out 2024 by over 6.5% to put in its best performance since 2015. Monetary policy divergence between the Fed and other major central banks has been a clear theme this year and will continue to be as we get set to get going in 2025.Video Length: […]
Will The US Economy And The Stock Market Continue Their Growth Into 2025?
Image Source: Pexels The US economy grew 3% in 2024 but may slow to 2% in 2025 due to inflation and policy shifts. New tariffs, tax cuts, and stricter immigration could disrupt trade and raise costs. Stocks are strong but risky, while bonds regain appeal for conservative investors. The US economy is heading into 2025 […]
USD/CHF Softens Below 0.9050 Amid Muted Trading
Photo by Claudio Schwarz on Unsplash USD/CHF declines to around 0.9030 in Tuesday’s early European session. The likelihood that the Fed will make fewer rate cuts next year might support the USD. Escalating geopolitical tension in the Middle East could boost the safe-haven flows, benefiting the CHF. The USD/CHF pair softens to near 0.9030, snapping the two-day winning […]
