Category Archive: Finance, No picture
Two Trades To Watch: GBP/USD, USD/JPY Forecast – Wednesday, Jan. 15
Image Source: Unsplash GBP/USD rises after UK inflation cools UK CPI falls to 2.5% YoY from 2.6% Service sector inflation falls to 4.4% from 5% Rate cut expectations rise 12 basis points GBP/USD inches higher GBP/USD is edging higher after cooler-than-expected inflation helped pull gilt yields lowerUK CPI unexpectedly fell to 2.5% YoY in December, down […]
Winter 2024 Snapshot Of The S&P 500’s Market Cap
The market capitalization of the S&P 500 (Index: SPX) increased by a little over 2.5% during the fourth quarter of 2024. According to Standard and Poor, the index ended 2024-Q4 with a market cap of $51.86 trillion.Since the end of the third quarter of 2024, the value of the Top 10 stocks within the market cap-weighted index […]
FX Daily: Hot Core CPI Can Resume Support For The Dollar
Image Source: Unsplash The US PPI surprised on the soft side, but that does not mean today’s CPI will send similar upbeat signals. We expect a 0.3% MoM core print, which can offer a new round of support to the dollar. In the UK, cooler-than-expected inflation should limit the downside risks for the pound by helping […]
Gold Trading Strategy, XAUUSD Analysis & Forecast – Wednesday, Jan 15
Image Source: UnsplashToday you will see Gold price prediction based on the technical analysis. What is the support and resistance on the daily time frame for XAUUSD? What to expect where the price will breakout for the XAUUSD based on the supply and demand zones.Video Length: 00:03:32More By This Author:Gold Trading Strategy, XAUUSD Analysis & Forecast […]
Non-Confirmation Between Small Cap And Large Cap Stock Indices
Image Source: UnsplashThe S&P 1500 is a composite index of three sub-indices: S&P 500 (large caps), S&P 400 (mid caps) and S&P 600 (small caps). It covers approximately 90% of all the market capitalization of U.S. listed stocks.The S&P 100 Index includes the 101 largest company stocks by market capitalization in the S&P 500. The stocks […]
Rep. Tom Emmer appointed as vice chair of House Subcommittee on Digital Assets
Key Takeaways Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets. Emmer is a known crypto advocate, opposing strict federal regulations on digital assets. Share this article Rep. Tom Emmer has been appointed vice chairman of the House Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence, FOX Business […]
January’s Start Hasn’t Showered Warmth On Equity Investors’ Buoyant Spirits
Image Source: Unsplash MARKETSUS stocks ended Tuesday with mixed fortunes as Wall Street navigated through calmer waters following the release of the latest inflation figures and simmering reports of President-elect Donald Trump’s tariff strategy. The Producer Price Index (PPI) for December provided a glimmer of hope, rising less than expected and hinting at a potential easing […]
US Stocks Edge Higher As Traders Eye Inflation Data And Earnings Season Kickoff
Image Source: Unsplash Investors are also bracing for the fourth-quarter earnings season, which begins with major banks this week. Utilities led the market gains on Tuesday, with the sector advancing 1.4%. Nike shares slid 1.7% on Tuesday, marking their lowest level since March 2020. Wall Street saw a modest uptick on Tuesday as investors turned their […]
Australian Dollar Extends Gains, Upside Limited
Image Source: Unsplash AUD edges up to 0.6180 on Tuesday, off multi-year lows. Fed rate-hold expectations in January underpin the US Dollar. Soft Australian fundamentals, China slowdown cap Aussie recovery. The Australian Dollar (AUD) rebounded from 0.6130, its lowest level since April 2020, to reach 0.6180 on Tuesday, buoyed by firm commodity prices and a slight […]
SEC files lawsuit against Elon Musk for securities law violation
Key Takeaways The SEC sued Elon Musk for failing to disclose his Twitter share purchases before acquiring the platform. Musk’s lawyer claims the SEC’s lawsuit is baseless and suggests no wrongdoing was committed. Share this article The US SEC has initiated a lawsuit against Elon Musk in federal court, alleging he failed to timely disclose […]
