Category Archive: Finance
Hungarian Wage Growth Moderates But Remains Strong
Image Source: Pexels Average wage growth in Hungary decelerated in September, mainly due to a slowdown in the corporate and non-profit sectors. However, the strong momentum hasn’t yet been reflected in economic output.According to the latest data from the Hungarian Central Statistical Office (HSCO), average gross wages grew by 12.5% year-on-year in September 2024 after a slight […]
Easing Into The Weekend
Image Source: Unsplash After an eventful month and week, markets are looking to slide into the weekend on a quiet note as US equity futures are little changed on either side of the flatline. Despite a weak batch of flash manufacturing PMI reports from Asia and Europe, global equities are closing off the week on a […]
UK Energy Bills To Rise By 1.2% To £1,738 Starting January
The average annual energy bill in England, Scotland, and Wales is set to rise by 1.2%, increasing to £1,738 from January 2024.The energy regulator, Ofgem, announced a £21 yearly increase, reflecting the quarterly price cap adjustment for gas and electricity.The hike follows a 10% rise during the October-December period when the cap was £1,717 annually.The […]
Natural Gas Commodity Elliott Wave Technical Analysis – Friday, November 22
Natural Gas Elliott Wave AnalysisNatural Gas broke upside this week and took the previous high of 11th June. The commodity has gained over 120% since the low of February 2024 and has so far recovered close to half of the massive sell-off that happened between August 2022 and February 2024.Daily Chart AnalysisOn the daily chart, the recovery […]
USD/JPY Outlook: Rising Bets For Rate Hike Boost Yen
The USD/JPY outlook shows a stronger yen amid increasing bets for a December rate hike by the Bank of Japan. However, the pair fluctuated on Friday after mixed economic data from Japan. Meanwhile, the dollar remained strong after data in the previous session revealed a still-tight US labor market.Japan released mixed reports on Friday, which […]
The Price-Inflation Paradox: How Tariffs Really Affect The Economy
Anticipation of incoming president Trump’s tariffs has caused confusion regarding high prices and high inflation. They are not really the same. The effect of tariffs is to push prices up, but not to sustain higher inflation.Inflation goes higher. Dr. Bill ConerlyThe nearby chart shows an economy with five percent inflation for a few years, followed […]
USD/CAD Turns Upside Down On Steady Canadian Retail Sales Growth, US Dollar Retraces
Photo by Michelle Spollen on Unsplash USD/CAD ticks down after the Canadian Retail Sales data came in line with expectations and the prior release. Steady Canadian Retail Sales growth would weigh on BoC’s large rate-cut bets. Investors await the flash US S&P Global PMI data for November. The USD/CAD pair surrenders its entire intraday gains and ticks […]
3 Small-Cap Blend Mutual Funds For Attractive Returns
Image Source: Unsplash Risk-loving investors, who give precedence to capital appreciation along with dividend payouts, may consider small-cap blend mutual funds to derive healthy returns. These funds focus on realizing an appreciable amount of capital growth by investing in stocks that are projected to rise over the long term.Meanwhile, small-cap funds are good choices for investors […]
Bitcoin Breakout At $93,257 Barrier Fuels Bullish Optimism
Bitcoin has shattered expectations once again, surging past the critical $93,257 level in a display of unstoppable momentum. This breakout has ignited fresh waves of bullish optimism across the crypto market, as traders and investors anticipate greater gains. With market sentiment shifting and key indicators aligning, could this be the spark for Bitcoin’s next major rally?As optimism steadily […]
After SPY Bottoming, This Comes
S&P 500 was off to a rocky opening yesterday, but we made it both swing and intraday – and the market breadth that I cautioned clients about, did improve as befits such an up day. Yesterday had rather risk-on than risk-off characteristics, even though we had to deal with an opening flush, as was the case for […]
