Category Archive: Finance, No picture

AUD/USD Bounces Back From 0.6650 On Firm RBA Hawkish Bets

AUD/USD Bounces Back From 0.6650 On Firm RBA Hawkish Bets

The AUD/USD pair rebounds strongly from the key support of 0.6650 in Tuesday’s European session. The Aussie pair discovers strong buying interest on expectations that the Reserve Bank of Australia (RBA) will continue with a restrictive monetary policy stance for the remainder of the year.On Monday, RBA Deputy Governor Andrew Hauser cited the strong employment data as a […]
McDonald’s Seasonal Strength Faces 2025’s Economic Headwinds

McDonald’s Seasonal Strength Faces 2025’s Economic Headwinds

Image Source: Unsplash  McDonald’s, known for its resilience through economic cycles, faces a challenging outlook for 2025, according to its CEO, Chris Kempczinski. With consumer wallets likely to remain stretched, particularly among lower-income customers, the company is focusing on strengthening its value proposition to maintain its market position. This includes offering more affordable meal deals, emphasizing […]
Bitcoin Signal That Led To At Least 70% Surge Has Formed Again

Bitcoin Signal That Led To At Least 70% Surge Has Formed Again

On-chain data shows a Bitcoin signal that has led to at least a 70% rally the last four times has recently formed for the asset once again. Bitcoin MVRV Momentum Has Seen A Bullish Crossover RecentlyIn a new post on X, analyst Ali Martinez has discussed the recent trend in the Bitcoin Market Value to Realized Value (MVRV) […]
September 2024 Snapshot Of Who Owns The U.S. National Debt

September 2024 Snapshot Of Who Owns The U.S. National Debt

The U.S. national debt is a truly large number. With the nation’s total public debt outstanding of $35,464,673,929,171.69 as of the end of its fiscal year on 30 September 2024, the U.S. government is truly indebted to its major creditors.During FY 2024, the U.S. national debt increased by $2.3 billion, or 6.9%, to reach that number. The […]
USD/CHF Depreciates To Near 0.8650, Downside Risk Seems Restrained Due To Higher US Yields

USD/CHF Depreciates To Near 0.8650, Downside Risk Seems Restrained Due To Higher US Yields

USD/CHF offers its gains from the previous session, trading around 0.8650 during the early European hours on Tuesday. This downside of the pair could be limited as the US Dollar (USD) gained support following a surge in US Treasury yields, which climbed over 2% on Monday. At the time of writing, the 2-year and 10-year US Treasury […]
Polish GDP Expected To Weaken As September Retail Sales Slump

Polish GDP Expected To Weaken As September Retail Sales Slump

Image Source: Pexels  While we had expected third-quarter GDP growth to moderate below 3% year-on-year, from 3.2% in the second quarter, the decline in retail sales in September points to an even weaker economic performance. We revise our third quarter GDP growth forecast to 2.5%YoY (from 2.8%) and see downside risks to the 2024 economic growth […]
Crude Oil Prices Struggle To Break Out As China Demand Remains Sluggish

Crude Oil Prices Struggle To Break Out As China Demand Remains Sluggish

 Image Source: Unsplash   Oil prices ease on Tuesday as possible ceasefire talks in the Middle East dampen sentiments. Focus remain on oil demand in China even as the country tries to decarbonize its economy. Middle East conflict has led to no disruption of crude oil from the region so far. Crude oil prices eased Tuesday […]
General Motors Beats Expectations With $48.8B Revenue In Third Quarter

General Motors Beats Expectations With $48.8B Revenue In Third Quarter

Image Source: Unsplash  General Motors Co. (NYSE: GM) has reported a robust financial performance for the third quarter of 2024, showcasing significant growth in key financial metrics. The company announced a revenue of $48.8 billion, marking a 10.5% increase compared to the same period last year when the revenue was $44.1 billion. This growth can be attributed […]
Inflation Mathematics

Inflation Mathematics

Image Source: Pexels  Two major labor unions, the Dock Workers Union and the Boeing Machinists Union, have attempted to reach an agreement with their employers on a contract. The dock workers agreement proposes an average 8.5% per year wage increase over six years, and the Boeing Machinists Union’s proposal is for an average 7.5% wage increase […]
USD/CAD Trades Sideways As BoC Policy Takes Centre Stage

USD/CAD Trades Sideways As BoC Policy Takes Centre Stage

The USD/CAD pair consolidates in a tight range above the round-level support of 1.3800 in Tuesday’s European session. The Loonie pair trades back and forth, with investors focusing on the Bank of Canada’s (BoC) interest rate decision, which will be announced on Wednesday.The BoC is expected to reduce its key borrowing rates by 50 basis points (bps) to 3.75%. This […]