Market Talk – Tuesday, Jan. 21
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash ASIA:The major Asian stock markets had a mixed day today:• NIKKEI 225 increased 125.48 points or 0.32% to 39,027.98• Shanghai decreased 1.75 points or -0.05% to 3,242.62• Hang Seng increased 180.74 points or 0.91% to 20,106.55• ASX 200 increased 55.00 points or 0.66% to 8,402.40• SENSEX decreased 1,235.08 points or -1.60% to 75,838.36• […]
Rates Spark: Still Tactically Long
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
The next ECB cut is virtually a done deal, but markets will be listening to upcoming speakers for guidance about the landing zone. Meanwhile, price action in US Treasuries remains biased in a positive direction, and we maintain a tactical long positioning.Image Source: Unsplash Price action in US Treasuries remains biased in a positive direction, and […]
What Impact Will Trump’s U.S. Administration Have On The USD?
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
As President Donald Trump begins his second term, analysts anticipate his policies will have significant effects on the U.S. dollar (USD). Currency speculators are showing strong support for the dollar, marking the most bullish stance since 2016. In his inaugural address, President Trump emphasized imposing tariffs on foreign countries to benefit U.S. citizens. However, although […]
Netflix 2024 Q4 Earnings Tonight: Everything You Need To Know
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Everything You Need to Know for Netflix Earnings Date 1/21/2025, After Market Close 2024 Recap Netflix capped off a stellar 2024 with an +83% stock return. The centerpiece of their final quarter was its growing focus on live events, including NFL games that drew 65 million viewers and a WWE special attracting 5.9 […]
Bank of America CEO sees US banks “come in hard” for crypto payments if regulations are in place
Jan 21, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Bank of America is prepared to enter the crypto market upon receiving regulatory clarity. The bank’s focus would be on regulated, non-anonymous transactions. Share this article US banks are eager to adopt crypto for transactions if regulatory guidelines are set forth, said Bank of America CEO Brian Moynihan in a Tuesday interview with […]
MicroStrategy shareholders approve stock increase to fund Bitcoin buying spree
Jan 21, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways MicroStrategy shareholders approved the increase in authorized shares to fund Bitcoin acquisitions. The company now holds over $48 billion in Bitcoin, representing more than 2% of the total supply, as it ramps up purchases. Share this article MicroStrategy shareholders approved an increase in authorized Class A common shares from 330 million to 10.3 […]
Trump and Doge meme coins get ETF filings as Trump begins second term in office
Jan 21, 2025
Jeremy Parkinson
Cryptocurrency, No picture
Key Takeaways Osprey Funds’ SEC filing includes seven spot crypto ETFs, led by Trump and Doge meme coins, alongside ETH, BTC, SOL, XRP, and BONK. The Trump token ETF filing follows the token’s recent launch and highlights the potential for pro-crypto policies under Trump’s administration. Share this article Osprey Funds, a Connecticut-based digital asset management […]
Funds Stay Active – The Corn & Ethanol Report
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
We kickoff the day with Export Inspections at 10:00 A.M., 3-Month & 6-Month Bill Auction at 10:30 A.M., 32-Day Bill Auction and 52-Week Bill Auction at 12:00 P.M.The Commitment of Traders report showed another week of large fund buying in the principal ag markets, much of which was driven by the market’s response to the […]
The Energy Report: Making Energy Great Again
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
It’s Donald Trump 2.0 and the market is adjusting to a world where we’re going to make U.S. oil and gas great again. In what President Trump says is a new Golden Age in America, a declared National Energy Emergency is putting the world and the left on notice.Trumps order says, “The energy and critical […]
USD/CAD Sees More Upside As Soft Canadian CPI Boosts Boc Large Rate Cut Bets
Jan 21, 2025
Jeremy Parkinson
Finance, No picture
The USD/CAD pair witnesses buying interest near 1.4430 in Tuesday’s North American session as Statistics Canada reported that soft inflation data for December. The agency showed that the headline inflation rose at a slower pace of 1.8%, compared to estimates and the former release of 1.9% on year.Month-on-month headline CPI deflated by 0.4%, as expected, against […]