Category Archive: Finance, No picture
Central Bank Of Turkey Responds Sharply To Deteriorating Inflation Outlook
Image Source: Pexels Following the stronger-than-expected inflation and recent FX pressures, the Central Bank of Turkey (CBT) hiked its policy rate by 500bp to 50% and announced a large set of macro-prudential measures and significant efforts to mop up excess TRY liquidity. These moves will likely further ease concerns about the CBT’s disinflation priority.The CBT hiked the policy rate (1-week […]
BoE, Federal Reserve Keep Interest Rates Steady Amid Inflation Watch
Image Source: Pexels After today’s announcement by the Bank of England to hold key rates steady, both the BoE and the Federal Reserve have decided to maintain their current rates, with the BoE holding steady at 5.25% and the Fed keeping its benchmark rate in the range of 5.25% to 5.5%. This decision comes as both central […]
AI Will Fundamentally Transform The Job Market – The Risk Of Mass Unemployment Is Low
AI has the potential to radically transform the labor market, impacting workers of all skill levels in a wide variety of companies and sectors. Some jobs will inevitably become obsolete. Yet we don’t expect AI to lead to mass unemployment. Unsplash The rise of AI has sparked intense debate about the impact it could have on the […]
Bitcoin Commentary – Thursday, March 21
Image Source: Pexels BTC Bounces Post-FedFollowing a sharp correction lower after breaking out to fresh highs last week, BTC futures bounced off lows yesterday and have now recovered around 50% of recent losses. The driver behind the move was the drop we saw in the US Dollar in response to the March FOMC. The Fed stuck […]
Is This A Bottom For Beleaguered Boeing?
Image Source: Unsplash Boeing (BA) is an American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment. It is one of the world’s largest aerospace manufacturers, along with its main competitors Airbus and Lockheed Martin. Boeing was founded by William Boeing in 1916 in Seattle, Washington, and has since grown into […]
The US Federal Reserve Expectedly Kept Rates Unchanged
Image Source: Unsplash As of Wednesday’s stock market close, the Dow Jones Index (US30) was up 1.03%. The S&P 500 Index (US500) added 0.89%. The Nasdaq Technology Index (US100) closed positive 1.25%. The US stocks closed at record highs on Wednesday after the US Federal Reserve left its outlook for interest rate cuts unchanged.The FOMC left the federal funds rate unchanged at a 23-year high […]
French Business Sentiment Points To A Slow Recovery In Activity
France’s business climate improved in March, thanks to an improved outlook in most sectors, signaling a gradual recovery in activity over the coming months. At the same time, the PMI indices deteriorated.PexelsBetter prospects according to business leadersFrance’s business climate improved in March, gaining two points over the month to return to its long-term average. Sentiment […]
Stocks Analysis & Elliott Wave Technical Forecast: JPMorgan Chase & Co.
Image Source: Unsplash JPM Elliott Wave Analysis Trading Lounge Daily ChartJPMorgan Chase & Co., (JPM) Daily ChartJPM Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: Motive POSITION: Wave 3 of (3).DIRECTION: Upside in wave 3. DETAILS: We are looking at a 1-2-1-2 from the 100$ lows, which seems to be confirmed by the steepness of the upside into […]
Fed Keeps The Party Going
Image Source: Pexels The market got what it wanted from the Fed on Wednesday. The dot plot held to 3 rate cuts in 2024 and Chair Powell then went on to downplay the recent inflation uptick. This resulted in fresh record highs in US equities and a surge in currencies against the US Dollar.Video Length: 00:01:00More […]
Finessing The Secrets To Financial Freedom: The Art Of Elegant Wealth
Image Source: PexelsIntroductionIn the grand game of life, achieving financial freedom is akin to a masterful chess match. It requires strategic planning, patience, and the ability to anticipate the market’s moves. As a financial analyst, I’ve studied the patterns of wealth accumulation and the psychology that drives economic decisions. The art of elegant wealth is not […]
