Category Archive: Finance
This Week: USDInd Surges Towards 2-Year High On US Tariffs Announcement
Trump tariffs on Canada, Mexico, China start Feb 4 US dollar surges towards 2-year high Alphabet, Amazon earnings may sway US500 index BoE likely to cut rates, Pound may weaken US jobs report to test labor market resilience February is already off to a cracking start!Over the weekend, President Trump announced the rollout of tariffs on Canada, Mexico, and China starting Tuesday, Feb 4th.Today, the US dollar surged […]
Two Trades To Watch: DAX, Oil Forecast – Monday, Feb. 3
Image Source: Pexels DAX slumps on trade tariff worries, EZ CPI rises Trump could follow through on EU trade tariffs EZ CPI rose to 2.5% YoY in January DAX falls from record high The DAX, along with European peers, has tumbled on the open and trades around 2% lower at the time of writing after President […]
AUD/USD Forecast: Rally Faces Resistance
The Australian dollar has launched during the trading session on Friday, as Trump has now announced that the tariffs on Canada and Mexico will go into effect March 1st. I think a lot of the market had been anticipating any minute now, and the fact that he said it was later down the road gives […]
Elliott Wave Technical Analysis: Alphabet Inc. – Monday, Feb. 3
GOOGL Elliott Wave Analysis Trading LoungeAlphabet Inc., (GOOGL) Daily ChartGOOGL Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Minor wave 1.DIRECTION: Upside within wave {v} of 1.DETAILS: We are looking for upside into wave 1 of (3), which is our more conservative approach. As we are trading just around 200$ we would not be surprised to see a […]
How To Turn Google Stock Into A Monthly Income Stream With These ETFs
Image Source: Unsplash Investors have watched stocks like Amazon and Nvidia soar but have been left wondering if there will ever be a way to get any dividends from them. Both stocks have taken off yet Nvidia yields a measly 0.03% (you read that right, 3/10ths of 1%) while Amazon pays no dividend at all.Enter single-stock […]
Fedthink! The Fed Is Incompetent By Design And Can’t Be Fixed
Is the Fed playing politics? Does the Fed know what it’s doing at all? Fedthink!Today I coined a new word, Fedthink. I hope it catches on. Here are some reader thoughts and my comments on them from a recent post.Regarding FedthinkReader: Sometimes I wonder if people like Mish really think that the Fed plays it straight […]
Will The US Take The Foot Off The Gas?
Markets are already showing some signs of wanting to recover after the violent risk off open. We believe the market dump around tariffs is overstated at this point. Looking ahead, we get Canada manufacturing PMIs, US ISM manufacturing, US construction spending, Fed speak, and ECB speak.Video Length: 00:01:33More By This Author:Markets In Disarray On Tariff […]
AUD/USD Price Forecast: Posts Fresh Four-Year Low Near 0.6100
AUD/USD refreshes four-year low near 0.6100 as US President Trump imposes 10% tariffs on China. The RBA is widely anticipated to start reducing interest rates from the policy meeting this month. The US Dollar strengthens as US Trump starts global trade war. The AUD/USD pair recovers slightly after plummeting to a fresh four-year low near 0.6100 […]
Italian Inflation Edged Up In January
Image Source: Pexels Energy remains the key story, while inflation for non-energy goods and services remains stable. Weak demand and a cooling labor market are likely limiting price increases, which should help keep inflation pressures in check throughout the year.According to preliminary estimates by Istat, Italian inflation accelerated to 1.5% on the year (from 1.3% in […]
WTI Crudeoil Oil Commodity Elliott Wave Technical Analysis
WTI Elliott Wave AnalysisWTI completed the bullish correction from September 2024 and now turning lower after being resisted at a ket Fibonacci zone. It appears the decline from the 15 January top will extend much lower to continue the near-term bearish cycle from July 2024 and the larger bearish cycle from March 2022.Daily Chart AnalysisIn the long-term, the price […]
