Category Archive: Finance, No picture
U.S. Service Sector Price Pressures Cool As Activity Slows
The March ISM services index was weaker than predicted while price pressures moderated to four-year lows. With employment remaining in contraction territory this report should boost the case for interest rate cuts, but the breakdown in the relationship with official data means the Federal Reserve will remain wary of moving too soon.Image source: Unsplash ISM reports cooling […]
Grains Report – Wednesday, April 3
WHEAT General Comments: Wheat was lower yesterday in rection to much improved crop condition ratings in the USDA reports that were released Monday afternoon. The USDA reports released Friday were considered friendly for Wheat prices, but futures closed mostly lower anyway and were led lower by Minneapolis. USDA said that All Wheat plantings would be […]
Ethereum Restaking: The Future Bedrock And Its Hidden Risks
Image Source: Unsplash As the digital landscape continually evolves, Ethereum’s innovative restaking mechanism is set to play a pivotal role in its network’s future. This transformative feature, hailed as a “core part” of Ethereum, promises to underpin a myriad of decentralised applications (DApps). However, this promising horizon is not without its clouds. Recent insights from Coinbase […]
FTSE Hovers Around The Flatline Ahead Of Powell Speech
Image Source: Pexels On Wednesday, British stocks experienced a modest decline, reflecting a worldwide market downturn as investors assessed the likelihood of a more conservative approach to reducing interest rates. The FTSE 100, which is exposed to international markets, had declined by 0.1% and was on track for its largest single-day percentage decrease in a month. […]
TSM Stock Is A ‘Buy’ Despite Recent Intel News – Analyst Says
Image Source: Unsplash Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) is in the green on Wednesday after a Bank of America analyst issued a bullish note in its favour. Is TSM stock worth buying in 2024? Brad Lin recommends buying TSM stock even though Intel announced plans of cutting its reliance on outsourced wafers to about 20% (previously […]
Taiwan Semiconductor: Chart Analysis
Image Source: Unsplash This week we are focusing on big semi conductor company, Taiwan Semiconductor; TSM is the symbol. So let’s take a look at this chart.It looks like it’s a nice strong bullish uptrend here, but it may be stalling out and may give us an opportunity to get on board. So we can see this […]
Rate Adjustment Underpins Greenback
Image Source: Pexels Overview: The adjustment to US interest rates continues and this helps underpin the US dollar. The 10-year yield rose to 4.40% yesterday, the highest it has been since last November. It is trading 4.34%-4.38% today. The two-year yield is firm though holding below the Q1 high set last month near 4.75%. This week, for […]
Eurozone Inflation Drop Is Encouraging, But Don’t Expect An April Rate Cut
Image Source: Pexels Inflation in the Eurozone came in lower than expected at 2.4% in March, down from 2.6% in February. Core inflation also fell from 3.1 to 2.9%. This better-than-expected reading boosts chances of ECB rate cuts, but don’t expect them to happen this monthAn early Easter usually means a bump in inflation due to […]
The High-Yield Way To Play Spiking Oil Prices
Image Source: Unsplash As tracked by the price of WTI, crude oil which serves as one of the main global oil benchmarks, crude oil has climbed from the recent $65 to less than $80 per barrel trading range. A few weeks ago, the WTI price rose above $80, and recent trading shows that level might become […]
Dividends By The Numbers In March 2021 And 2024-Q1
The first quarter of 2024 continued following the template set during 2023 for dividend paying stocks in the U.S. stock market.That template has some defining characteristics, measured year-over-year: Fewer firms announced dividend cuts, a favorable change. Fewer firms announced dividend rises, an unfavorable change. Together, these two characterists set the stage for a mixed outcome for dividend […]
