Category Archive: Finance, No picture
Everything According To Plan
There were no major surprises, at least from our side from Thursday’s central bank event risk. We warned the BOE could deliver a hawkish cut, and we expected the Fed to cut rates 25 basis points and leave the door open for another cut in December.Video Length: 00:00:58 More By This Author:US Election In The Spotlight […]
Unaffordable Housing And Homeless Encampments: How Did It Get This Bad?
Image Source: Unsplash The post-election hope that festering problems can now be solved doesn’t seem to extend to unaffordable housing and homeless encampments, two blights on the socio-economic landscape. Perhaps this reflects a sense that these blights aren’t readily fixable, or an unsure grasp of the causes of these blights.Let’s focus on the primary cause that led […]
FX Daily: Central Banks Turn A Blind Eye To Political Events
Image Source: Unsplash If anyone was expecting the US election result and UK budget to significantly impact the Fed and BoE policy message, they were let down by two consensus 25bp cuts and rather balanced guidance. In FX, we have seen an unwinding of post-election USD longs, but that looks more like a positioning adjustment rather […]
Elliott Wave Technical Analysis: Australian Dollar/U.S. Dollar Forex
Image Source: UnsplashAustralian Dollar/U.S. Dollar (AUDUSD) Day Chart AUDUSD Elliott Wave Technical Analysis FUNCTION: Counter Trend MODE: Corrective STRUCTURE: Navy Blue Wave 2 POSITION: Gray Wave 1 DIRECTION NEXT LOWER DEGREES: Navy Blue Wave 3 DETAILS: Navy Blue Wave 1 appears complete, with Navy Blue Wave 2 now unfolding.Wave Cancel Invalid Level: 0.69426The AUDUSD Day Chart Elliott Wave analysis illustrates a counter-trend phase […]
Blackrock’s Bitcoin ETF draws record $1.1 billion single-day inflow
Key Takeaways BlackRock’s Bitcoin ETF saw a record single-day inflow of $1.1 billion. Total inflows for US spot Bitcoin ETFs reached $1.37 billion during the session. Share this article BlackRock’s iShares Bitcoin Trust (IBIT) recorded $1.1 billion in inflows during a single trading session, marking the largest one-day inflow among US spot Bitcoin ETFs. The […]
This Perfect Pullback Could Be Easy Money On Friday
Image Source: Unsplash One day left, let’s make it count! Everyone’s waiting for a pullback after this 2-day bull run…And this *perfect* pullback pattern might be our easiest winner of the week!Pullbacks sound so easy, don’t they? But we all know, picking the perfect entry is much harder…Not to worry – this *perfect* pullback pattern makes the […]
Implied Volatility, Rates, And The Dollar Fall Sharply, Pushing Stocks Higher
Image Source: UnsplashRates dropped a bit today, with the 10-year yield dropping by ten basis points. This retraces some of the significant moves we saw over the last two days, with a sixteen basis point increase yesterday. The 10-year rates have become pretty overextended here. We got above the upper Bollinger Band and were overbought on […]
Perception Points To Smooth Sailing Into Year-End
Image Source: UnsplashMARKETSU.S. stocks surged higher on Thursday, riding the wave of a 25-basis-point rate cut by the Federal Reserve and the bullish momentum sparked by Donald Trump’s return to the White House. After a blockbuster day for the Republicans, investors have swiftly pivoted to the familiar playbook: central bank easing policy that sends stocks soaring […]
Volatility Melt Sends Stocks Higher Following The U.S. Election
Image Source: Unsplash Stocks rose sharply following the U.S. election as the VIX melts.Video Length: 00:08:16More By This Author:Stocks Explode Higher As Implied Volatility Drops Sharply Following Trump Win What Happens Next For The Market Is In Nvidia’s Hands Trump’s Second Term Could Be Arriving This Tuesday
Detroit to become largest US city to accept crypto payments for taxes
Key Takeaways Detroit will begin accepting crypto assets for tax payments from mid-2025, making it the largest US city to do so. The initiative aims to modernize public services and improve accessibility for unbanked residents. Share this article Detroit will soon allow residents to pay taxes and other city fees with crypto, becoming the largest […]
