Category Archive: Finance
Sensex Today Ends 226 Points Higher; Nifty Above 23,800
After opening the day higher, the Indian benchmark remained positive as the session progressed and ended the day higher.The benchmark equity indices ended the week’s last trading session in positive territory.At the closing bell, the BSE Sensex closed 226 points higher (up 0.3%).Meanwhile, the NSE Nifty closed higher by 63 points (up 0.1%).Eicher Motors, Bajaj Finance, and M&M […]
Jobs Have Stopped Hiring, But Why?
Image source: Pixabay More indications of substantial problems for American workers – they can’t find any jobs. But why? Moreover, what will it take to get this major hiring freeze to thaw? It isn’t rate cuts or lower rates. Nor does it appear the election has worked, either. Consumers plunged back into fears over jobs and […]
Where Trump’s China Tariffs Will Affect The US Economy The Most
Image Source: Pexels With the countdown to the Trump tariffs rapidly approaching, this morning Vince Lanci takes a look at the parts of the US economy that will be affected the most. To find out where they are, and catch up on the gold and silver news during the holiday week, click to watch the video […]
AUD/USD Exhibits Indecisiveness Around 0.6200 In Thin Year-End Trading
Image Source: Pixabay AUD/USD consolidates around 0.6200 amid thin trading volume following the Christmas and Boxing Day holidays. The RBA becomes confident over inflation easing in line with their expectations. The Fed turns cautious in interest rate cuts as progress in inflation towards the central bank’s target of 2% has stalled. The AUD/USD pair trades […]
US Dollar Trades Steadily, Ignoring Weak Industrial Data From China And Japan
The US Dollar trades broadly stable in very calm holiday trading Monthly Industrial Production in Japan fell by 2.3%, less than the expected 3.5%, while big Chinese manufacturers also reported falling profits. The US Dollar Index (DXY) resides at 108.00, close to a two-year high. The US Dollar (USD) is trading within a very tight […]
Down The Hatch
Image Source: Unsplash Global equities are celebrating the last Friday of 2024 with broad-based gains after US stocks opened lower yesterday but finished around the unchanged level. In Asia, Japanese stocks rallied on reports that the BoJ was willing to be patient regarding its next rate hike. The only decliner in the region was South Korea […]
Dogecoin (DOGE) Steadies Above Support: Can It Build Momentum?
Dogecoin revisited the $0.30 support zone against the US Dollar. DOGE is now consolidating and might gain traction if it clears the $0.3165 resistance. DOGE price started another decline and traded toward the $0.300 level. The price is trading below the $0.320 level and the 100-hourly simple moving average. There is a connecting bearish trend […]
Bond Markets Tumble As Year-End Trading Amplifies Rate Cut Concerns
Image Source: Pixabay The bond market, often seen as a haven of stability, experienced a tumultuous end to the year, with thin trading volumes exacerbating a December selloff.As traders returned from the Christmas break, a significant shift in sentiment regarding interest rate cuts by major central banks sent bond yields soaring, particularly in Europe. A December […]
Catching The Big Trends
For the past year, I’ve been completely immersed in my research — analyzing thousands of years of market data, poring over research papers, and fine-tuning my trading algorithms. Looking back, I can’t believe it took me this long to figure out something so fundamental. When it finally clicked, I couldn’t help but laugh. Honestly, I’ve lost […]
Silver Price Forecast: XAG/USD Slumps To Near $29.60 Despite Geopolitical Tensions
Silver price drops sharply to near $29.60 as US bond yields rise on expectations that the Fed will follow gradual rate-cut cycle in 2025. Heightened geopolitical tensions in Middle East failed to uplift the Silver price. The outlook of the Silver price has weakened amid a breakdown of the upward-sloping trendline around $30.00. Silver price […]
