Category Archive: Finance, No picture
EUR/USD Faces Key Test With Upcoming US CPI And ECB Rate Decision
The US dollar weakened a little ahead of US CPI release, as polls pointed to Harris having done better than Trump in the first presidential debate overnight. The EUR/USD managed to rebound a touch after starting the week on the backfoot, following the drop on Friday when a weaker US jobs report was not enough […]
All Eyes On Trump Harris Debate
The nation’s attention will be fixed on televisions and laptops this evening as Donald Trump and Kamala Harris participate in what may be the only publicized debate between the two presidential candidates. With polls showing them in a tight race, and their contrasting styles, the debate promises to be a lively event.Each candidate presents a […]
CUDOS may join Fetch.ai, SingularityNET, and Ocean Protocol as member of ASI Alliance
Key Takeaways CUDOS’s integration into the ASI Alliance could decentralize AI infrastructure and enhance efficiency. The merger is contingent on community approval, with detailed terms and conversion ratios set. Share this article The Artificial Superintelligence (ASI) Alliance, a collaborative initiative established by Fetch.ai, SingularityNET, and Ocean Protocol, may soon welcome CUDOS, a decentralized cloud computing […]
Our Quantum Computing Portfolio Was -9.8% Week-Ending September 6th
BackgroundTech stocks began to plummeted on September 3rd after the ISM manufacturing index reported August figures that came in below consensus expectations. That raised fears about the strength of the economy and increased the chances that the Federal Reserve will cut interest rates. Our Pure-Play Quantum Computing Stocks PortfolioBy Friday, September 6th, the overall tech market was […]
SP500 & US500 Daily Trade Plan – Wednesday, September 11
In this update we review the recent price action in the emini SP500 futures contract and identify a trade plan and price objectives for the trading session ahead.Video Length: 00:07:52More By This Author:SP500 Daily Trade Plan – Tuesday, September 10Daily Market Outlook – Tuesday, September 10SP500 & US500 Daily Trade Plan – Thursday, September 5
USDJPY Sinks To Fresh Yearly Low
Currencies are bid against the US Dollar and overall sentiment is looking up as we head into a critical US economic release in the form of the latest CPI read. The Yen has been a notable mover on the day, finally pushing to a fresh 2024 high after taking out what had been the high […]
Ex-Alameda CEO Caroline Ellison pushes for no prison sentence in FTX role
Key Takeaways Caroline Ellison requests no prison time, citing cooperation and testimony in FTX case. Ellison revealed Bankman-Fried’s instructions for misleading investors and risky investments. Share this article Caroline Ellison, former CEO of Alameda Research, is requesting to avoid prison time for her involvement in the FTX collapse.As reported by Bloomberg, her lawyers filed a […]
Aptos navigates token unlock amid layer-1 ecosystem growth
Key Takeaways Aptos’ token price remained stable at $6.10 after releasing 11.31 million tokens. Aptos’ total market cap continues strong at $2.97 billion post-unlock. Share this article Aptos (APT) recently underwent a significant token unlock event, releasing 11.31 million APT tokens into circulation on September 11, 2024. This unlock, representing 2.32% of the total supply […]
US Imports Surge As China Beats Clock On Biden-Harris Tariffs
As expected, China’s exports to the United States surged in July 2024 as that country’s exporters acted to beat the clock on the Biden-Harris administration’s new and expanded tariffs. Their deadline to ship as many goods as they could before many of these tariffs took effect on 1 August 2024 and it appears they succeeded.The surge was set […]
US CPI Data Featured
The Fed has been trying to shift the focus more to the labor market. But after last Friday’s jobs report, which produced an unimpressive NFP print and hotter hourly earnings, it’s going to be hard to deny the potential impact from today’s highly anticipated US inflation data.Video Length: 00:01:14More By This Author:Euro Underperforms On Data […]
