Category Archive: Finance, No picture
Chop In Overbought CBOT Markets – The Corn & Ethanol Report
We kicked off the day with Initial Jobless Claims, Continuing Jobless Claims, and Jobless Claims 4-Week Average at 7:30 A.M., EIA Natural Gas Storage at 9:30 A.M., EIA Energy Stocks at 10:00 A.m., 4-Week & 8-Week Bill Auction at 10:30 A.M., 15-Year & 30-Year Mortgage Rate at 11:00 A.M., 10-Year TIPS Auction at 12:00 P.M., […]
Senator Lummis officially named chair of Senate Banking Subcommittee on Digital Assets
Key Takeaways Senator Cynthia Lummis was appointed as chair of the newly formed Senate Banking Subcommittee on Digital Assets. The subcommittee aims to advance bipartisan legislation for a comprehensive digital asset legal framework. Share this article Senator Cynthia Lummis, a known Bitcoin advocate, has been appointed chair of the Senate Banking Subcommittee on Digital Assets […]
Morgan Stanley CEO signals potential crypto expansion under pro-crypto Trump administration
Key Takeaways Morgan Stanley is exploring crypto market expansion with US regulators. New regulatory changes signal a more accommodating environment for banks to engage with crypto assets. Share this article Morgan Stanley CEO Ted Pick announced the bank will be working with US regulators to explore expanding its crypto market presence, speaking at the World […]
Senator Lummis to unveil major development regarding strategic Bitcoin reserve at 10 a.m.
Key Takeaways Senator Lummis is advocating for a US strategic Bitcoin reserve strategy to address inflation concerns. The BITCOIN Act proposes the US Treasury acquire 1 million Bitcoins over five years with a 20-year holding period. Share this article Senator Cynthia Lummis is set to make a major announcement today at 10 a.m., which could […]
Asia Week Ahead: Japan’s Month-End Data, Plus China’s PMI
Image Source: Unsplash At the end of January, Japan will publish its month-end data, with the Bank of Japan paying particular attention to service prices. Additionally, China’s PMI data and South Korean exports will be under close scrutiny. Japan: easing inflation and modest retail sales growth expectedThere will be the usual month-end data dump from Japan. […]
S&P 500 Forecast: SPX Inches Lower Ahead Of Trump’s WEF Speech
Image Source: Unsplash US futures Dow future 0.09% at 44178 S&P futures -0.11% at 6077 Nasdaq futures -0.5% at 21738 In Europe FTSE 0.11% at 8557 Dax 0.36% at 21303 Trump will speak shortly at the World Economic Forum Investors await more clarity from Trump S&P 500 hovers around record highs Oil is unchanged after recent […]
USD/JPY Edges Lower To Near 156.30 Ahead Of BoJ’s Policy Decision
Image Source: Unsplash USD/JPY ticks lower as the US Dollar trades subduedly, with investors looking for cues about the likely full-fledged Trump tariff plan. Investors expect the Fed to leave interest rates unchanged on Wednesday. The BoJ is anticipated to announce its third interest rate hike decision. The USD/JPY pair ticks lower to near 156.30 in Thursday’s […]
American Airlines Achieves Record Fourth-Quarter Revenue Of $13.7 Billion
Image Source: Unsplash American Airlines Group Inc. (Nasdaq: AAL) reported robust financial results for the fourth quarter of 2024, showcasing significant strides in revenue generation and profitability. The company achieved a record fourth-quarter revenue of $13.7 billion, marking a 4.6% increase compared to the previous year. This impressive performance was primarily driven by strategic adjustments in capacity and […]
Ledger co-founder David Balland released following kidnapping and sensitive rescue operation
Key Takeaways David Balland was kidnapped in Vierzon, France, on Tuesday. Due to the danger to Balland’s life, the media was asked to withhold reporting on the kidnapping for 48 hours. Share this article A tense 48 hours ended with the safe return of David Balland, co-founder of crypto hardware wallet giant Ledger, after he […]
Trump’s WEF Address, Earnings Season Continues
Image Source: Unsplash Market RecapThe second full day of trading following Monday’s inauguration didn’t seem to bring too many surprises, for investors at least. Trump’s announcement of the Stargate program injected new life into the AI strategy and with it, Cloud Computing, Digital Infrastructure, as well as what seems to be on track for another strong year, Nuclear Energy & Uranium. […]
