Category Archive: Finance, No picture
Gold Benefits From Currency Wars
Image Source: UnsplashThe macroeconomic event of the week comes from Japan, where the yen recorded its lowest level against the US dollar since 1990.The dollar is at a 34-year high against the Japanese currency. The resistance level of 150 yen to the dollar is about to be breached, a level which historically served as support in the […]
USD/CHF Snaps The Two-day Losing Streak Above 0.9000 Ahead Of US PCE Data
Image Source: Unsplash USD/CHF holds the positive ground around 0.9025 on the firmer US Dollar. The high-for-longer US rate narrative might boost the Greenback against the CHF. SNB’s Schlegel said the SNB will monitor the FX rate closely and intervene if necessary. The USD/CHF pair snaps the two-day losing streak near 0.9025 on Friday during the Asian session. […]
Stellar Q4 & Full Year 2023: NaaS Records 245% YoY Revenue Growth And 14-Fold Gross Profit
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Image Source: UnsplashNaaS Technology (NAAS), the first U.S. listed EV charging service company in China, today announced remarkable financial growth and operational highlights in its newly-released unaudited financial results for the fourth quarter and full […]
Korea: Industrial Production Rebounded While Construction And Retail Sales Weakened In February
Image Source: UnsplashAll industry output accelerated its growth on the back of strong chip sector performanceAll industry production rose 1.3% month-on-month sa in February (vs 0.4% in January). Manufacturing and service activity advanced, partially offset by the decline in construction. Together with the latest survey and other hard data, we expect manufacturing to lead the growth, […]
S&P 500 Looking To Complete 5 Waves Impulse
Image Source: UnsplashShort Term Elliott Wave view in S&P 500 (SPX) suggests cycle from 1.6.2024 low is in progress as a 5 waves impulse. Up from 1.6.2024 low, wave ((i)) ended at 4931.09 and pullback in wave ((ii)) ended at 4845.15. Wave ((iii)) higher ended at 5187.78 as the 30 minutes chart below shows and pullback […]
Comparing Gold: Is It Overvalued Against Stocks And Crypto
Image Source: UnsplashGold has been having a great run, but is it getting too expensive? How about compared to stocks? Let’s look at some ratio charts to hopefully get some insight on that.First is the All World Index divided by gold futures. The topping formation is still forming. If it completes, it certainly implies that stocks are going […]
Top Stocks To Buy For A Rebound Among Chinese Equities
Image Source: UnsplashWhile the iShares China Large-Cap ETF (FXI – Free Report) has fallen -19% over the last year, several Chinese ADRs (American Depository Receipts) look poised for a sharp rebound.To that point, many Chinese stocks are starting to look oversold due to concerns of slower economic growth in China. Still, there are internet-commerce leaders in China that have […]
Top Research Reports For Walmart, Linde & IBM
Image Source: UnsplashThe Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including Walmart Inc. (WMT), Linde plc (LIN), and IBM Corp. (IBM). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see […]
Those Who Missed On AI Rally Should Invest In This: Sylvia Jablonski
Image Source: Unsplash Jablonski says quantum will be the next buzz word for Wall Street. She’s particularly bullish on IONQ Inc within quantum computing. IONQ close to doubled its revenue versus a year ago in 2023. First it was EV, now it’s AI, and the next buzz word for Wall Street will likely be “Quantum”, says Sylvia […]
What The Baltimore Bridge Disaster Could Mean For The Economy
Image Source: UnsplashWhile the total annihilation of the Francis Scott Key Bridge in Baltimore probably isn’t a “Black Swan” big enough to trigger a global collapse, it adds potent fuel to several fires in an already fragile global economy.Broad expectations are for most of the economic fallout to remain local to the surrounding area and Mid-Atlantic […]
