Category Archive: Finance, No picture
Central Banks Keep Buying More Gold
Image Source: Unsplash Gold and silver prices are even on the day, after one of the more impressive 7 session rallies in quite a while.And Vince checks in this morning with the news that the central banks have been buying more gold. As well as his other takeaways from the rally.Video Length: 00:20:40More By This Author:1970s […]
The Stock Market May Care More About Tomorrow’s CPI Report Then You Think
Image Source: UnsplashIt was a rather unremarkable, boring day on the surface, with the S&P 500 finishing down 11 bps. Implied volatility for tomorrow was sharply higher today, especially as the day went on. The VIX 1 Day today surged by 6 points to close at 18.60, its highest close since the end of October. The […]
USD/JPY Steady, But On The Low End As Investors Knuckle Down For US CPI Inflation
Image Source: Unsplash USD/JPY remains just shy of 147.00 following last week’s declines. Japan’s Q4 GDP print early Monday missed the mark. US CPI inflation is expected to come in mixed. USD/JPY kicked off the new week on the low side of the 147.00 handle, with the pair steeply off of March’s early highs above 150.00. Markets […]
Bitcoin moves towards a daily close above $72,000
Bitcoin (BTC) reached a new all-time high this Monday at $72,710.68, according to data aggregator CoinGecko. Since BTC went over $70,000 again, it managed to hold its ground on top of that price level and now walks towards a daily close above $72,000.The trader known on X (formerly Twitter) as Rekt Capital shared that whenever […]
Current Analysis: Getinge AB
Image Source: UnsplashGetinge AB (GNGBY), headquartered in Gothenburg, Sweden, manufactures a wide range of products for use in acute care, surgical, and life sciences in hospital, pharmaceutical, and research environs.The company reports in three segments: acute care therapies (54% of revenue), surgical workflows (32%), and life sciences (14%). Products include ventilators, surgical stents, life support systems, […]
Crypto Crack-Up Continues As Stocks & Bonds Sink Ahead Of CPI
Image Source: UnsplashWith all eyes, ears, fingers, and toes tingling ahead of tomorrow’s “most important data item in the whole wide world ever” CPI print (and PPI and Retail Sales later in the week), stocks stumbled on muted volume, bond yields rose, the dollar and gold flatlined, but crypto kept going to the moon…Bitcoin face-ripped once […]
S&P 500 And Nasdaq 100 – Elliott Wave Update
Image Source: Unsplash Not much to be added to the current analysis. The markets moved more to the downside the upside, but the overall patterns remain in line with expectations for the most part. I do review and update the labeling and review the Fibonacci levels — Expectations remain for the upside diagonal triangle to continue […]
Oracle Stock Pops 10% As ‘demand For Gen2 AI Infrastructure Exceeds Supply’ In Q3
Image Source: Unsplash Oracle Inc (NYSE: ORCL) is trading up in extended hours on Monday after reporting market-beating financial results for its third quarter. Oracle stock up on impressive cloud revenue The computer technology company continued to see strength in its cloud revenue that printed at $5.1 billion in Q3 – up 25% on a year-over-year basis.ORCL also […]
Rates Spark: Bonds Need Better Than 0.3% MoM For CPI
Although there are lots of signs of underlying angst, three factors are preventing yields from tumbling. First, the labour market is not laying down. Second, latest MoM inflation readings are a tad too hot for comfort. And third, supply pressure remains intense. Tuesday sees another supply test, but first a key inflation test. Passing both […]
Market Moves And Fed Views
Image Source: Unsplash In this short clip, Samantha LaDuc and Craig Shapiro discuss the current macroeconomic environment, focusing on recent movements in gold and food markets and reviewing Federal Reserve Chair Powell’s testimony. Craig expresses concern over the persistent inflation and robust economic growth that could challenge the Fed’s inflation targets. He anticipates that upcoming economic […]
