Category Archive: Finance, No picture
Calibre Mining: Production Growth & Re-Rating Potential
Image Source: UnsplashTM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Ryan King, Senior VP of Corporate Development & part of Calibre Mining’s (CXBMF) management team, discusses the company’s acquisition of the Valentine Gold project in Newfoundland and the work and capital required to […]
Philippine Inflation Moves Higher As Rice Stays Pricey
Image Source: UnsplashMarch inflation at 3.7%Headline inflation for the month of March edged higher to 3.7% year-on-year, up from 3.4% in the previous month but slightly slower than the market had expected. The consensus forecast had headline inflation rising to 3.8%YoY. Compared to the previous month, CPI was up a modest 0.1%, a bit of a moderation after […]
USD/INR Forecast: Here Are The Key Indian Rupee Levels To Watch
Image Source: Unsplash The USD/INR pair reacted mildly to Friday’s RBI interest rate decision. The bank left interest rates unchanged at 6.50% as expected. The US will publish non-farm payrolls (NFP) data on Friday. The USD/INR exchange rate remained in a consolidation phase on Friday after the Reserve Bank of India (RBI) delivered its March interest rate decision. […]
RIET: A Way To Play The (Gradual) Recovery In Commercial Real Estate
Image Source: UnsplashReal Estate Investment Trust (REIT) values are inversely sensitive to rising interest rates. With the Federal Reserve launching the most rapid rate-hiking cycle in decades two years ago, REIT values have fallen by about 35%. But share prices will lead a recovery in business results, which is why you should look at the Hoya Capital […]
Elliott Wave Technical Analysis: Bitcoin Crypto Price News, Friday, April 5
Image Source: UnsplashElliott Wave Analysis TradingLounge Daily Chart,Bitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Triangleposition: Wave ((D))Direction Next higher Degrees: wave (III)Wave Cancel invalid level: 31046.25Details: The corrective of Wave IV before increasing again in Wave VBitcoin/ U.S. dollar(BTCUSD)Trading Strategy:Bitcoin is still in an uptrend. This is currently a short-term correction of the fourth wave. […]
Bank Of America Near Support Area
Image Source: PexelsBACUp from there, wave (1) ended at 35.1 and dips in wave (2) ended at 32.35. The stock extends higher again in wave (3). Up from wave (2), wave 1 ended at 36.45 and pullback in wave 2 ended at 35.24. The stock extended higher again in wave 3 towards 37.64 and pullback in […]
WTI Rises To Near $86.20 On Reports Of Threats Against Israeli Embassy
Image Source: Unsplash WTI price appreciated after Iran vowed retaliation for Israel’s attack on Iran’s embassy. NATO officials said that Ukrainian drone attacks on Russian refineries may have disrupted over 15% of capacity. The US has imposed sanctions on Oceanlink Maritime DMCC for its role in shipping commodities intended for the Iranian military. West Texas Intermediate (WTI) […]
Gold Price Extends Losses Amid Hawkish Fedspeak Ahead Of US NFP
Image Source: Unsplash Gold price corrects further from the all-time high amid hawkish remarks by Fed officials. Persistent geopolitical tensions should limit the downside for the safe-haven XAU/USD. Traders might also refrain from placing aggressive bets ahead of the crucial US jobs data. Gold price (XAU/USD) extends the previous day’s modest pullback from the record peak and […]
Stock Analysis & Elliott Wave Technical Forecast: ASX: BLOCK INC. – SQ2
Image Source: UnsplashUnlocking ASX Trading Success: BLOCK INC. – SQ2 Stock Analysis & Elliott Wave Technical ForecastGreetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with BLOCK INC. – SQ2 . We’ve identified a countertrend move (ABC) with Wave 2-red unfolding, which also presents a good trading opportunity with Wave 3-red to follow once Wave 2-red completes. Therefore, we’ll closely […]
‘Cocoa Could Double From Here’ – Oil-Bull Andurand Gets Greedy On Chocolate
Image Source: UnsplashOil trader Pierre Andurand suffered record losses last year in the commodities world, though the money manager has so far crushed it on the cocoa trade. Bloomberg reports Andurand opened a “small, long position” in cocoa futures in early March. Since then, prices have soared as much as 73%. People familiar with the trade did not […]
