Category Archive: Finance, No picture
EUR/USD Could Head To $1.05 Amid Deteriorating Macro Backdrop
Image Source: Unsplash So far this week, the FX markets have continued to head in the same direction of dollar strength following last week’s US election results. The dollar is strengthening amid expectations for a higher terminal interest rate from the Fed, owing to Trump’s inflationary fiscal policy. In contrast, currencies set to be hit the […]
Solana meme coin $PNUT soars to $1 billion market cap after Binance listing
Key Takeaways PNUT’s market cap surpassed $1 billion within 48 hours due to a Binance listing. 60% of Binance’s meme coin listings are Solana-based, with significant market growth observed. Share this article Peanut the Squirrel (PNUT), a newly launched meme coin on the Solana blockchain, has surged past $1 billion in market cap in less […]
China’s Exports Surge As Factories Resume Rush To Beat New Tariffs
The total value of goods exchanged between the U.S. and China rose in September 2024. The U.S. Census Bureau reports the combined value of goods either imported or exported between the two nations totaled $54.3 billion, which is both up from $51.8 billion in August 2024 and up from $52.1 billion in September 2023.Much of […]
“Presidential” Stocks In A Trump Comeback
Image Source: Unsplash In a twist that few saw coming, Donald Trump clinched a comeback victory, reigniting his signature style and policy focus in the White House. The markets roar, tremble, and speculate as Wall Street attempts to decode this new era of “America First” economics, a revived Trump playbook, and promises of booming industries. With […]
FOREX: Trump 2.0 – A High-Stakes Economic Rollercoaster For Global Markets
Image Source: Unsplash The “Trump trade” is back in full force, shaking up global markets in the aftermath of the November 5th U.S. election. This resurgence has led to substantial shifts in both currency and bond markets, with the U.S. dollar index (DXY) jumping 2.0% + since election day. The impact on the euro-dollar (EUR/USD) pair—a […]
FX Daily: CPI May Keep Dollar Going
Image Source: Unsplash The dollar rally is at risk of some positioning-led correction, but we expect that US core CPI will come in at a relatively hot 0.3% MoM, which should keep markets rather hawkish on Fed pricing. USD: Inflation may stay too hotThe second round of post-election Trump trades has now taken the DXY dollar […]
Australian Dollar Recovers Losses As PM Albanese Shares About Trade Discussion With Trump
Image Source: Unsplash The Australian Dollar appreciates as PM Albanese has shared about a trade discussion with Trump last week. Australia’s Wage Price Index increased by 3.5% YoY in Q3, down from a 4.1% rise in Q2. The US Consumer Price Index data release will be eyed in the North American session. The Australian Dollar (AUD) attempts to […]
3 Stocks Seeing Insider Buys: CNC, PFE, BMY
Image Source: UnsplashInvestors closely monitor insider buys, as they can give hints surrounding the long-term picture.An insider is an officer, director, 10% stockholder, or anyone who possesses internal information because of their relationship with the company. It’s critical to note that insiders have a longer holding period than most, and many strict rules apply to their […]
Asia Morning Bites For Wednesday, Nov 13
Image Source: Unsplash Global Macro and Markets Global Markets: Further talk about tariffs and the appointment of some China hawks to Trump’s cabinet – most notably Marco Rubio reported as taking the Secretary of State position, though Trump also named Mike Waltz as national security advisor, who is another China hawk and has publicly said that China […]
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Nov 12
Image Source: UnsplashThere are no changes to make to current analysis. Both the NQ and ES followed through and appear to have completed the minuet 4th waves with the minuet 5th waves likely underway. I do, however, share my “alternate count” should the markets begin to weaken off of current levels. For now through, my “preferred […]
