AUD/USD Modestly Gains During Friday’s Asian Session, Traders Eye US NFP
Aussie’s and US economic dockets
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Aussie Dollar gains on cooling US job market signs, amid geopolitical tension. Fed’s mixed signals reflect caution in policy easing, considering inflation, growth. Australian trade, US job data ahead, crucial for AUD/USD direction amid global economic scrutiny. The Australian Dollar posted solid gains of more than 0.30% on Thursday against the Greenback after […]
S&P 500 & Nasdaq 100 – Elliott Wave Update – Thur., April 4
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Another rejection from all the markets after another hawkish statement from the Fed Presidents out speaking today. The rejections were much stronger and broke the triangle patterns in both the ES and NQ. I have updated the charts to reflect the completion of the Primary B waves – thus the completions of minute 5th […]
Rates Spark: Rolling The Payrolls Dice
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
It’s payrolls Friday, again. Arguably the most influential number for markets. It sets the tone not just for Friday, but for the month ahead. Market rates continue to traverse 200k-plus payrolls outcomes and c.0.3% MoM inflation, a combo that keeps the rate-cut window shut. We remain tactically bearish until that window is forced open by […]
Investing In Real Estate Through REITs
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Real estate investment through REITs (Real Estate Income Trusts) is not only popular because REITs distribute generous dividends but also because they’re easy to understand. We can easily picture an apartment building or an office tower and imagine tenants paying their rent. Investors are willing to purchase units of those businesses in exchange […]
Silver ETFs Outshining Gold
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Investing in precious metals, such as gold and silver, grabbed immense investor attention last month on renewed expectations of U.S. interest rate cuts in June. A lower interest rate environment raises the demand for gold and silver, as the precious metals do not pay any interest, making them more appealing than alternative investments […]
U.S. Gas Price Hits Highest Level In Six Months Amid Speculation Biden Will Drain More Oil From Petroleum Reserve
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Rising seasonal demand and higher crude oil prices have resulted in the highest average U.S. gasoline prices in nearly six months, with the national average gas price hitting $3.57 per gallon, up from $3.10 at the start of the year, and higher than a year ago. The national average hit a new multi-month […]
Bitcoin’s Fate Hangs On Fed’s Interest Rate Decision: More Pain Ahead?
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Federal Reserve officials, led by Chairman Jerome Powell, emphasized on Wednesday, April 3, the necessity for further deliberation before enacting any interest rate reductions. Although there has been speculation among financial analysts about potential rate cuts by June 2024, uncertainty still surrounds this timeline. Consequently, assets perceived as riskier, such as Bitcoin and […]
We’re On A Trajectory For Crisis
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Pexels The Federal Reserve is one of, if not the most, significant institutions in the world given the global impact of its policy decisions.It influences the price of nearly everything, as well as the availability of jobs, the stability of our banking system, and the purchasing power of our money.When the Fed Chair speaks, […]
Silver Makes A Big Move, As Gold Vs. U.S. Debt And Money Supply Breakout
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Just last week, we looked at the silver/gold ratio and noted that it suggested a big move in silver was about to commence. In that short time, silver has risen about 10% to around $27. We’ve been anticipating a breakout on this quarterly silver chart for some time, and it now looks like we are starting to get it. If […]
Why Average Goods Prices Cannot Be Established
Apr 04, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The price or the rate of exchange of one good in terms of another is the amount of the other good divided by the amount of the first good. In the money economy, price will be the amount of money divided by the amount of the first good.Suppose two transactions were conducted. In […]