10-Year US Treasury Yield ‘Fair Value’ Estimate – Thursday, Dec. 12
The market premium for the US 10-year Treasury yield continued to rebound in November vs. a “fair value” estimate calculated by CapitalSpectator.com. The increase marks the second straight monthly increase in the premium, which is now at the highest level since May.The current market premium over the average fair value (based on the “fair value” estimate) edged up […]
Asian Stock: Kobe Bussan
TM Editors’ note: This article discusses a penny stock and/or microcap. Such stocks are easily manipulated; do your own careful due diligence.Company: Kobe Bussan Company LimitedBloomberg ticker: 3038 JPMarket cap: US$8,633mBackground: Kobe Bussan Company Limited is a supermarket franchise store operator that mainly deals in foodstuff. The Company also has direct-run stores. World Class Benchmarking of Kobe Bussan Profitable […]
Sensex Today Ends 236 Points Lower; Nifty Below 24,550
After opening the day lower, the Indian benchmark remained in negative territory as the session progressed and ended the day lower.Benchmark equity indices, BSE Sensex and NSE Nifty50, ended Thursday’s trading session in negative territory.At the closing bell, the BSE Sensex closed lower by 236 points (down 0.2%).Meanwhile, the NSE Nifty closed lower by 93 points (down 0.3%).Bharti […]
BTC Report: Vancouver Embraces Bitcoin With New Motion Amid $2T Market Cap
Image Source: Pexels Bitcoin’s (BITCOMP) market movements are making headlines as the cryptocurrency continues to display significant volatility.Recent data shows that Bitcoin’s price has hovered around $101,048.46, marking a slight decline of 0.14% from its previous close. Despite the minor drop, Bitcoin’s current market cap stands at an impressive $2 trillion, underscoring its robust market presence.Meanwhile, […]
Will The Fed Hit The Brakes? Inflation Concerns Shift 2025 Rate Cut Projections
Image source: Pixabay A rate cut is highly anticipated at the December meeting. Analysts are revising their predictions for rate cuts in 2025 due to sticky inflation. The Fed is expected to adopt a more cautious approach to future rate cuts. The Federal Reserve is widely expected to cut interest rates again next week, a […]
Silver : The December Battle
As soon as a chart appears, some people close like an oyster, without trying to grasp its meaning. However, once you understand the basics, such as the simple principle that B + A = BA, it becomes not only accessible, but also fun.To better illustrate, let’s take the example of a daily candle.A green candle […]
EURUSD Trades Near $1.04 Amid ECB Rate Cuts
EURUSD trades near $1.04 after ECB rate cut ECB cuts rates by 25bps for the fourth time Growth forecasts lowered to 0.7% for 2023, 1.1% for 2024 Political instability in Germany and France weighs on euro The EURUSD pair is trading close to the $1.04 level after the European Central Bank’s widely expected decision to reduce interest rates by 25 basis points.This marks the fourth consecutive […]
ECB Cuts Rates By 25bp And Keeps Door Wide Open For More
Image Source: Pexels The European Central Bank decides to play it safe and cut rates by 25bp. Dropping the reference to ‘restrictive’ monetary policy suggests there are more rate cuts to come. The door is wide open for more cutsThe level of the ECB’s deposit rate now stands at 3%. And, clearly, less is more. No, this […]
EUR/JPY Dips Further Below 159.50 Post ECB’s Rate Cut
ECB’s rate cut to 3% aims to anchor inflation closer to the 2% target amid ongoing economic challenges. Updated ECB forecasts suggest a gradual decline in inflation, with HICP expected to reach 1.9% by 2026. Market attention now turns to ECB President Christine Lagarde’s upcoming press conference for further cues. The Euro weakens against the […]
Producer Price Inflation Comes In ‘Red Hot’ In November
Following yesterday’s reported re-ignition in consumer price inflation (despite people seemingly being exuberant that it was ‘as expected’ – we don’t remember The Fed’s mandate being stable prices in line with consensus expectations?), this morning’s producer prices were expected to accelerate further also to +2.6% YoY from +2.4% YoY.But it didn’t…Headline PPI surged 0.4% MoM […]
