Category Archive: Finance, No picture
Asia Morning Bites For Tuesday, September 10
Image Source: Unsplash Global Macro and Markets Global Markets: US Treasury yields dropped yesterday as small-firm business sentiment fell sharply ahead of today’s CPI release. 2Y yields fell 7.5 basis points and 10Y yields fell 5.8bp to 3.642%. EURUSD edged slightly lower to 1.1021. Other G-10 currencies were steady to slightly weaker against the USD, but […]
The Best Global Cannabis Markets By Country 2023-2024
Image Source: UnsplashThe global cannabis universe continues to expand rapidly after the United States Department of Health and Human Services (HHS) report, Germany’s removal of the narcotics label from cannabis, and the likely re-scheduling of cannabis in the U.S. to Schedule III. Even more is happening around the globe as countries implement updated, well-defined cannabis regulations to […]
Trump and Harris face off in debate as future crypto policies remain unclear
Key Takeaways Only 6% of surveyed voters are interested in crypto discussions at the upcoming presidential debate. Trump supports Bitcoin, while Harris has not disclosed her crypto policy stance. Share this article Crypto policy is unlikely to take center stage as Donald Trump and Kamala Harris square off in their first presidential debate Tuesday night, […]
Stocks And Precious Metals Charts – Devils In The Dominant Narrative
Image Source: PexelsStocks managed to hold a bounce today.VIX fell, of course.The Dollar chopped around but finished mostly unchanged.Gold and silver are hanging in there.Gold seems to be in an ascending triangle, which is developing along the lines of a potential continuation pattern.Tomorrow we get the CPI and PPI the day after.This may help to resolve […]
Time To Buy These Intriguing Transportation Stocks
Image Source: PexelsHaving generous dividends, the improved earnings outlook for several transportation stocks has become attractive.Furthermore, these top transportation stocks have beta ratios under the preferred risk level of less than 1.0, suggesting they should be less volatile than the broader market.C.H. Robinson Worldwide (CHRW – Free Report)Coveting a Zacks Rank #1 (Strong Buy) is third-party logistics operator C.H. […]
Markets Scream Of Risk-Off Ahead Of August CPI Report
Image Source: UnsplashStocks rose for the second day in a row, but other indicators painted a different picture despite the gains. Oil prices fell, the yen strengthened, credit spreads widened, and the broader market signaled a clear “risk-off” sentiment. Still, the S&P 500 managed to gain approximately 40 basis points.Tomorrow brings the CPI report, and it […]
Investors Continue To Defy Seasonal Odds
Image Source: UnsplashIn what felt like a mini rollercoaster ride, the S&P 500 pulled off an impressive feat on Tuesday, defying the usual September gloom to notch a second consecutive win. Still reeling from Friday’s volatility, investors scrambled to find their footing amid mounting growth fears and last-minute repositioning ahead of a pivotal moment in the […]
Palantir Should Keep The Rally To Build A Wave ((3))
Image Source: PexelsPalantir Technologies (PLTR), Inc. is a holding company, which engages in the development of data integration and software solutions. It operates through the Commercial and Government segments. The firm offers automotive, financial compliance, legal intelligence, mergers and acquisitions solutions. PALANTIR (PLTR) Weekly Chart May 2024 Palantir ended a cycle at $45.00 in January 2021. […]
Improvement In Hungary’s Inflation Outlook
Image Source: PexelsAlthough services inflation continues to be a concern, the recent decline in overall inflation has brightened Hungary’s near-term inflation outlook. Consequently, we have revised our CPI forecasts for 2024 and 2025 downward, albeit with some risks for the coming year. The door is now open for a September rate cut by the central bank. […]
Volkswagen Declares War On Unions, Scraps Three-Decade-Old Job Protections
Image Source: UnsplashAs discussed earlier today, Germany’s economy is slowly but surely sinking, whether or not Mario Draghi’s proposal to flood Europe in new debt is eventually accepted, and nowhere is the pain more tangible than Germany’s iconic carmaker, Volkswagen (VLKAF), which we reported last week was considering its first-ever factory closure amid a dire economic backdrop, […]
