Sensex Today Ends 319 Points Lower; Nifty Below 23,400
Feb 03, 2025
Jeremy Parkinson
Finance
After opening the day on a negative note, the Indian benchmark continued its downtrend as the session progressed, eventually closing more than 300 points lower.India benchmark equity indices, Sensex and Nifty, traded lower on Monday, tracking weak cues from Asian markets, as concerns over a broader trade war intensified following tariffs on Canada, Mexico, and […]
EUR/USD Analysis: Slips Amid Renewed USD Strength
Feb 03, 2025
Jeremy Parkinson
Finance
The stability of the European euro last week and after the latest interest rate decision by the European Central Bank. It did not last long as the price of the euro against the US dollar EUR/USD returned to move in its broader downward path with losses that reached the support level of 1.0350, which closed […]
US Dollar Index Gives Up Some Gains, Outlook Remains Firm As Trump Starts Trade War
Feb 03, 2025
Jeremy Parkinson
Finance
Image Source: Pexels The USD Index retraces after failing to revisit 110.00 but is still 0.7% higher intraday. US President Trump imposed 25% tariffs on Canada and Mexico, and 10% on China. Investors expect Trump’s tariffs would be inflationary for the US economy. The US Dollar (USD) surrenders some of its intraday gains in Monday’s North […]
Exxon Vs. Chevron: Which Is The Better Dividend Aristocrat?
Feb 03, 2025
Jeremy Parkinson
Finance
Image Source: Pexels As expected, President Trump’s friendliness to the oil and gas industry carried over to his 2nd term. Following the avalanche of executive orders (EOs) on January 20th, multiple ones were aimed at federal agencies to remove regulatory burdens against the energy sector. Just by declaring a National Energy Emergency, President Trump set the stage […]
DeepSeek Last Monday – Tariffs Today
Feb 03, 2025
Jeremy Parkinson
Finance
Tariffs will dominate the news this week as President Trump followed through on his threats against China, Canada and Mexico. I have long been against tariffs as an economic tool and I remain that way. No country can tariff its way to prosperity. No one wins a trade war. There are only losers. Yes. I […]
The Logical-Invest Newsletter For February 2025
Feb 03, 2025
Jeremy Parkinson
Finance
Image Source: Pixabay Starting 2025 with goldWe are off to a bumpy start.First, the markets reacted positively, welcoming Trump’s announcements about AI and other related private sector investments. The S&P soared to almost a new all-time high. Almost…Then came DeepSeek, the much-hyped Chinese large language model that does AI better and cheaper. Suddenly, the viability of the recent U.S. AI investment bubble came into question, and […]
SP500 Weekly Action Areas & Price Targets – Monday, Feb. 3
Feb 03, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash In this update, we review the recent price action in the emini SP500 futures contract and identify high-probability action areas and price objectives for the week ahead.Video Length: 0:11:52More By This Author:Daily Market Outlook – Monday, Feb. 3FTSE Posts Best Month In Two YearsDaily Market Outlook – Friday, Jan. 31
London Gold Market Defaults On Physical Gold Deliveries
Feb 03, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash A few days ago, one of the world’s largest refineries informed its customers that the London warehouses were empty and that the London gold market was dry of liquidity.Confirmation last Wednesday: The Bank of England published the information that it would be able to deliver the gold currently awaiting delivery only in 4 to […]
Shiba Inu Price Tumbles 20% Amid Kusama’s Mysterious Shib Video Reveal
Feb 03, 2025
Jeremy Parkinson
Finance, No picture
Shiba Inu (SHIB) has seen a sharp decline, plunging 20% in the last 24 hours to trade at $0.000014.The meme coin’s weekly drop now stands at 25%, raising concerns over its price stability.A cryptic video released by lead developer Shytoshi Kusama has sparked speculation within the SHIB community, hinting at a major development that could […]
Eurozone Inflation Rises Once Again As Risks To 2025 Outlook Linger
Feb 03, 2025
Jeremy Parkinson
Finance
Image Source: Pexels Inflation rose from 2.4 to 2.5% in January, the fourth increase in a row for the Eurozone. While it’s set to moderate over the course of the year, upside risks surrounding inflation have far from abated.Inflation across the eurozone ticked up thanks to a higher contribution from energy prices, while food inflation fell and core inflation remained […]