The EU’s Major Trade Partners In One Chart
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
With all 27 member states taken together, the EU would be the second-largest economy in the world in nominal terms, and third by purchasing power parity.So which countries does this massive market trade with, and what goods do they send and receive?This graphic visualizes the EU’s key trading partners by imports and exports, according to July […]
Jobless Claims Are About To Skyrocket
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels A big jump in jobless claims actually muddies the picture for the labor market. Meanwhile, consumer prices that many in the mainstream are claiming as sticky…are. But not for the reasons stated. We’re seeing “sticky” prices in the technical sense, and that’s not good.Video Length: 00:18:59More By This Author:India Is Plunging And It’s […]
Tether explores lending billions to commodity traders to shake up traditional trade finance
Oct 14, 2024
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Tether eyes commodity trade lending as smaller firms struggle to access traditional financing. USDT is already facilitating cross-border trade for Russian and Venezuelan exporters, underscoring stablecoins’ growing role. Share this article Tether Holdings, the issuer of the world’s largest stablecoin USDT, is exploring lending to commodities trading companies, according to a Bloomberg report.The […]
China QE Next? Caixin Reports Massive Bond Issuance Imminent
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Having disappointed the market with a lack of detail on its big stimulus , it appears Chinese authorities have resorted to the usual western practice of leaking details (strawmen) to the press in an effort to measure the market’s reaction function.As we detailed over the weekend, Saturday’s much-anticipated press conference by China’s Ministry of Finance, […]
The Canadian Cannabis Report – Monday, Oct. 14
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
For the trading week ended October 11, 2024 my proprietary Canadian Cannabis Company Index MCCCI decreased by 2.0% compared to the prior week when it decreased by 2.0 %. The index consists of 14 stocks, many of which are among the most widely held holdings of the 3 ETFs (MJ, CNBS, and THCX) that I […]
China’s September Credit Activity Beats Forecasts
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash September credit data beats expectations China’s credit data has been very weak for most of the year, and we attribute this to two factors. First, a lack of private sector investment has held back lending to non-financial corporates, while lower household borrowing demand has resulted from fewer new mortgages amid the property market […]
When Will The Stock Market Hit Its Secular Peak?
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The secular bull market in stocks is ongoing but in its 16th year. Gold & Silver have a lot more upside potential when it ends.It looks to continue into 2025 but could make a major peak if it melts up or if inflation returns forcing the 10-year yield to and above 5%.Video Length: […]
Weekly Market Pulse: Questions
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash As we enter the final quarter of 2024, there are a lot of questions facing investors. There are, of course, always a lot of questions because investors are always dealing with the future, but today’s environment does seems to have more than usual. Some of these questions concern short-term considerations and while they […]
FTSE Turns Green Into The Close AS US Risk Sentiment Surges
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels As investors anticipate a batch of important economic data this week, the UK’s major stock indexes began mostly unchanged on Monday. Meanwhile, gaming companies saw a decline following allegations that the government was preparing tax raids. Risk on mood in the US helped the blue-chip index, the FTSE 100, trade +0.28% heading into […]
SP500 Weekly Action Areas & Price Objectives
Oct 14, 2024
Jeremy Parkinson
Finance, No picture
In this update we review the recent price action in the EMINI SP500 futures contract and identify potential action areas and price objectives to target for the trading week ahead.Video Length: 00:05:39More By This Author:FTSE Flat Again, Mirroring UK GDPFTSE Flat In An Uninspiring Session, Despite A Pop In House PricesThe FTSE Finish Line – […]