New Trend Of Inflation Cool Down
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash If we look at markets this Wednesday, there hasn’t been a whole lot of movement. Nevertheless, there has definitely been a theme, and that theme is central banks coming under pressure to tweak their respective outlooks on account of softer inflation data.Video Length: 00:01:19More By This Author:Investors Underwhelmed By Latest China Moves Dollar […]
Morgan Stanley Reports Double Beat In Third Quarter With $15.4 B In Revenue
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Morgan Stanley (NYSE: MS) reported a robust performance in the third quarter of 2024, showcasing significant growth across its business segments. The firm achieved net revenues of $15.4 billion, a notable increase from $13.3 billion in the same quarter the previous year.This increase in revenue was driven by strong performances in Institutional Securities, Wealth […]
The Commodities Feed: IEA Expects Oil Surplus To Persist
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
The International Energy Agency (IEA) continues to see a large surplus in the oil market for 2025 as demand remains slow while supply returns gradually. Energy – IEA trims demand estimates for the yearOil prices stabilised this morning after falling significantly over the past few sessions as some buying activity returned to the market at lower […]
The State Of US-China Trade As New Tariffs Take Effect
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
After July 2024’s tariff-clock beating surge, the total value of trade recorded between the U.S. and China coasted slightly higher in August 2024, even as its momentum reversed.With the Biden-Harris administration’s new and expanded set of tariffs taking effect during the month, the negative change in momentum was expected. Importers of goods from China had rushed […]
Bank Earnings Are Out Showing Massive Loan Losses
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels We are in the thick of bank earnings and quarterly reports. The one theme they keep coming back to is…losses. It’s become such a problem even JPM CEO Jamie Dimon snapped during his last earnings call. The thing is, in spouting off he told the truth about all of it.Video Length: 00:18:57 More […]
Boeing’s Seasonal Opportunity Amid Financial Struggles: Is This The Dip To Buy?
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Boeing’s Recent Struggles Boeing’s third-quarter report brought disappointing news, with significant losses across its commercial aircraft and defense divisions. Combined, these units reported a $6.4 billion operating loss, pushing the company to announce workforce reductions and potential delays in production. Boeing’s cash flow position also worsened, with a free cash flow loss of […]
FX Daily: UK Disinflation Surprise Paves The Way For More Sterling Weakness
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The dollar briefly reconnected with lower oil prices yesterday but has regained some support this morning. The balance of risks remains skewed to a stronger USD leading up to the US election. In the UK, downward surprises in services inflation have dealt a blow to GBP, and we think there is more downside […]
Refining Your Trading System Over Time
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Refining Your Trading System Over Time Building a successful trading strategy is not a one-time achievement; it’s a continuous process that evolves with market conditions and personal experience. The concept of refining your system is about making ongoing adjustments to improve performance, adapt to changing markets, and optimize for your trading personality. Here’s […]
Market Briefing For Wednesday, Oct 16
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAt the ‘scrimmage line’ – currently, stock market dynamics likely view today’s sell-off as a ‘fair catch’ with the next play not necessarily proscribed nor clear.It’s also the scrimmage line for politics, with polls in a dead-heat, while almost seems like both sides are extolling the virtues of what they have to offer, and seemingly […]
Indonesia: Trade Figures Show Signs Of Strain
Oct 16, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels Exports and imports both weaken Indonesia’s September trade figures missed market expectations, with exports and imports falling in USD from the previous month, and annual growth rates falling. August’s export numbers were also revised lower. Exports in September fell to USD 22.1bn, a fall of USD 1.5bn. Imports were also softer, falling USD […]