Category Archive: Finance, No picture
“Trump Trades” And Geopolitics Are The Key Factors Driving Market Activity
Image Source: Unsplash At Friday’s close, the Dow Jones Index (US30) was up 0.97% (week-to-date +1.99%). The S&P 500 Index (US500) gained 0.35% (week-to-date +1.62%). The Nasdaq Technology Index (US100) was up 0.17% (week-to-date +1.59%). Investor rotation from technology sectors to economically sensitive sectors such as financials, industrials, and consumer discretionary contributed to the broader market’s […]
EUR/USD Amid Slowing European Economy
Image Source: Unsplash EUR/USD encountered significant pressure, testing a low of 1.0331 before rebounding to 1.0476, as market concerns mount over the potential economic slowdown in Europe and aggressive rate cuts by the European Central Bank (ECB).Recent business surveys indicating an accelerated economic contraction in Germany and France have starkly dampened the euro’s outlook. Additionally, under […]
Current Report Evertz Technologies (EVTZF)
Image Source: Unsplash Evertz Technologies Ltd (EVTZF) is a Canadian provider of telecommunications equipment and technology solutions to the television broadcast and new-media industries.Evertz equipment is used in the production, post-production, broadcast, and transmission of television content. Its solutions are sold to content creators, broadcasters, and service providers,More than half of the firm’s revenue is generated […]
S&P 500 Rebounds As Investors Focus On 2025-Q2
The S&P 500 (Index: SPX) rebounded in the pre-Thanksgiving holiday week of trading. The index rose 1.7% from where it ended the previous week, closing at 5,969.34 on Friday, 22 November 2024.The biggest driver of stock prices continues to be expectations for how the Federal Reserve will be setting interest rates in 2025. The CME Group’s FedWatch Tool continues to […]
Euro Sinks To Lowest Level Since November 2022
Image Source: Unsplash The Euro had already been struggling with a softer economic outlook, dovish ECB talk and upgraded odds for a rate cut in December before taking in Friday’s abysmal round of economic data. Key standouts on Monday’s calendar come from German Ifo reads, Canada manufacturing sales, the Chicago Fed national activity index, and Dallas […]
GBP/JPY Holds Gains Above 194.00 As Traders Expect BoE To Reduce Rates Gradually
Image Source: Unsplash GBP/JPY gains ground as the Bank of England may adopt a slower pace of policy easing. The Japanese Yen receives downward pressure from the uncertainty surrounding the BoJ rate hikes. Japan’s Leading Economic Index was revised down to 109.1 in September, slightly below the anticipated 109.4. GBP/JPY remains stable after a volatile […]
FX Daily: G3 December Monetary Policy In Focus
Image Source: Unsplash The euro is recovering a little after its mini collapse on Friday. However, further eurozone confidence data this week could still spell trouble and tilt the market towards a 50bp ECB cut in December. In the US, the market is split on whether the Fed will cut next month after all and in Japan, […]
The Bessent Bounce
BESSENT BOUNCEScott Bessent’s nomination as the US Treasury head under President-elect Donald Trump looks set to take some of the steam out of the surging dollar on Monday. On this typical low liquidity period, the dollar displayed a sweeping retreat across all Group-of-10 currencies, with the euro, pound, and Aussie posting significant rallies against the […]
SP500, Nasdaq 100 & Large Tech Stocks : Elliott Wave Strategies
Market Outlook Summary: Indices Expectation: The S&P 500 and Nasdaq are anticipated to rise in the upcoming Monday trading session. Key resistance levels are identified at 6,000 for the S&P 500 and 21,000 for the Nasdaq. Impact of Thanksgiving Holidays: The upcoming U.S. Thanksgiving holidays are expected to result in lower trading volumes. This decrease […]
Smart Macro: Is The Bull Market In Gold Over? Not Unless This Happens
Image Source: Unsplash Today we’re going to provide a quick update on gold, the US dollar, and some of the big macro trends that we at Financial Sense Wealth Management are closely watching when it comes to navigating the current market…Video Length: 00:15:42More By This Author:Global Liquidity Vs. Debt Maturity Wall: What Investors Need To Know […]
