Category Archive: Finance, No picture
The Commodities Feed: Sentiment Weakens
Image Source: DepositPhotosLarge parts of the commodity complex came under pressure yesterday, with the sell-off led by energy. European gas prices came under pressure with ample storage, whilst for oil there are more signs of a softer market. Energy- European gas slides lowerOil came under significant pressure yesterday with ICE Brent settling 3.35% lower on the […]
Current Analysis: Patterson
Image Source: DepositPhotosPatterson Companies Inc (PDCO) is a leading dental distributor and wholesaler of consumable products and equipment operating through two business segments, Patterson Dental, and Patterson Animal Health.The company’s segment includes Dental, Animal Health, and Corporate. It generates maximum revenue from the Animal Health segment. Geographically, it derives a majority of its revenue from […]
USD/JPY Price Analysis: Dips Amid Falling US Dollar At The Brisk Of Cracking Below 144.00
The USD/JPY begins the week on the back foot with the major sliding 0.33%, weighed by falling US Treasury bond yields and a soft US Dollar (USD). The lack of a catalyst on Monday keeps traders focused on the main event of the week, which is the inflation report in the US. At the time […]
America’s Fiat Money Gestapo: The Untold History Of The Secret Service
By Joshua D. Glawson, Money Metals ExchangeThere is an untold story in American monetary history. Some are reluctant even to discuss it.I’m referring to the U.S. Secret Service’s very own role in the destruction of sound money in America.As constitutional, sound money in the form of physical gold and silver coins – whether minted privately […]
BTC/USD Forecast: Claws Back Some Of The Early Losses On Friday
Many traders are closely monitoring the prospect of a promising year for cryptocurrencies, with Bitcoin poised to maintain its leadership role. On Friday, Bitcoin experienced a slight pullback, primarily influenced by the volatile jobs data. Nevertheless, one consistent trend in the Bitcoin market is the eagerness of buyers to seize opportunities when prices dip. The […]
USD/CAD Forecast: Dollar Gains As Market Brace For US Inflation USD/CAD technical forecast: Bullish momentum falters near 1.3350
The USD/CAD forecast points northward as investor sentiment tilts towards caution, with all eyes on a pivotal US inflation report scheduled later in the week. Moreover, traders adjusted their expectations for the number and size of Fed cuts this year. Consequently, there was a rebound in US Treasury yields, which gave more support to the […]
Gold Price Analysis Today: Gold’s Trend Is Still Bullish
Strong US job data led gold to retreat from $2065 to $2025 per ounce, balancing against a strong dollar, global tensions, and central bank gold buys.By the end of last week’s trading, gains in the price of gold (XAU/USD) were negatively impacted by stronger-than-expected U.S. job figures, which could support the tightening of the U.S. […]
Bank Earnings Up-Time To Look At Regional Banks ETF
Starting with the Jeffries Group reporting on January 9th, by Friday we will see Bank of America (BAC), JP Morgan (JPM), Wells Fargo (WFC), and Citigroup (C) as well as a few other banks report earnings.In my 2024 Outlook and this Year of the Dragon, Raymone Lo, in his analysis for 2024 he writes, “The […]
AT&T One More Low Is Expected To Complete A Bearish Sequence
AT&T Inc. (T) is an American multinational telecommunications holding company headquartered in Dallas, Texas. It is the world’s largest telecommunications company by revenue and the third-largest provider of mobile telephone services in the U.S. T Weekly Chart Septembre 2023 On the weekly chart of T, we saw in more details the structure of the wave (y). […]
The Energy Report: Melting
Image Source: DepositPhotosIt’s melting. Global commodity markets are melting down despite cold weather and increasing geopolitical risk because of a sudden concern about a global economic slowdown starting the New Year.The recent bout of selling was caused in part by the fact that Saudi Arabia lowered their official selling price for oil to all markets, […]
