Category Archive: Finance, No picture
The Energy Report: Next Level – Wednesday, September 18
Israel’s ability to detonate thousands of pagers targeting Hezbollah in Lebanon is like something out of a spy novel but also alerts us to the next level of risk potential to the global oil supply. The possibility of retaliation by Hezbollah and perhaps Iran is likely but at the same time Israeli tactics and ability […]
Goldman Sachs, Coinbase alumni debut TrueX, a stablecoin-centric crypto exchange
Key Takeaways TrueX introduces a stablecoin-centric trading platform, aiming for minimal slippage between various stablecoins. The exchange secures $9 million in seed funding and collaborates with major crypto investors and companies. Share this article Vishal Gupta, former head of exchange at Coinbase, and Patrick McCreary, a former Coinbase engineer, have launched a new crypto exchange, […]
BTCUSD Critical Levels Into The FOMC
In this update we review the recent price action in BTCUSD and identify high probability price patterns and price objectives ahead of the FOMC decision today.Video Length: 00:02:47More By This Author:FTSE Prints Two Week Highs Ahead Of Central Bank Bonazza XAUUSD Multi Timeframe SetupSP500 & US500 Daily Trade Plan – Thursday, September 12
UK Inflation Steady At 2.2% In August, Services Sector Prices Rise
The UK’s inflation rate held steady at 2.2% in August, according to data released by the Office for National Statistics (ONS) on Wednesday.The stable inflation rate leaves room for potential interest rate cuts by the Bank of England (BoE) later this year, though the central bank’s Monetary Policy Committee (MPC) is expected to maintain current […]
USD/JPY Corrects Below 142.00 Ahead Of Fed Verdict
The USD/JPY pair drops below 142.00 in Wednesday’s European session. The asset faces selling pressure after a recovery move to near 142.47 as the US Dollar (USD) slumps ahead of the Federal Reserve’s (Fed) monetary policy announcement at 18:00 GMT.The market sentiment remains cheerful as the Fed is almost certain to start reducing interest rates. S&P 500 futures have posted decent […]
Teen Jobs Plunge In August 2024
The employment situation for U.S. teens significantly worsened in August 2024 with both the number and percentage of working teens within the Age 16-19 population dropping to their lowest level since 2021.The decline continues a falling trend in teen employment that has taken hold since May 2024, which is very visible in the Bureau of […]
Fed Decision Preview – Wednesday, September 18
Today’s Fed decision will be getting that much more attention given the fact that there is so much uncertainty around what the Fed will actually do. Several weeks back, a 25-basis point cut was the clear expectation. But in recent days, things have changed quite a bit.Video Length: 00:02:31More By This Author:Euro Runs Up After […]
GBP/JPY Struggles To Capitalize On Post-UK CPI Rise, Down A Little Above 187.00
The GBP/JPY cross attracts some dip-buyers following an intraday slide to the 185.80 area and climbs to the top end of its daily range during the first half of the European session on Wednesday. Spot prices currently trade around the 187.25-187.30 region, just below a one-week high touched on Tuesday, though the fundamental backdrop warrants […]
FOREX: Bracing For Serious USDJPY Whiplash
The market is buzzing with anticipation ahead of the FOMC decision, and with OIS pricing in about 40bps of cuts, we’re now looking at a 65%+ chance of a 50bps move. In typical FX fashion, USD/JPY—the ultimate market rollercoaster—jumped back over the 142.00 mark following a retail sales report that was “consensus enough” to get […]
How The Fed Announcements Could Shape The S&P 500’s Next Move
Image Source: UnsplashThe markets are at a pivotal point, and investors are closely watching what comes next. If you’ve been keeping an eye on the S&P 500, you’ve probably noticed some telltale bullish signs emerging on the charts. But what does it all mean, and how can we anticipate what’s coming next? In this post, we’ll […]
