ISM Manufacturing Index In January The Strongest Since 2022
Feb 03, 2025Jeremy Parkinson0
Although manufacturing is of diminishing importance to the economy, (it was in deep contraction both in 2015-16 and again in 2022 without any recession), the ISM manufacturing index remains an important indicator with a 75+ year history of accurately describing that sector and forecasting it over the short term. Any number below 50 indicates contraction. The […]
USD/JPY Pulls Back As Trade Tensions Stir Market Uncertainty
Feb 03, 2025Jeremy Parkinson0
USD/JPY declines from highs of 155.86, settling at 154.51 amid tariff-induced volatility. ISM Manufacturing PMI rises, signaling robust business activity despite global trade fears. Bank of Japan maintains optimistic outlook, ready to navigate Trump’s protectionist policies. The USD/JPY retreated from daily highs of 155.86 hit after US President Donald Trump advanced on its protectionist policies, […]
Ethereum Price Tanks 25%: What’s Next After The Major Decline?
Feb 03, 2025Jeremy Parkinson0
Ethereum price started a fresh decline below the $3,000 zone. ETH is down over 25% and the bears seem to be in control below $2,770. Ethereum started a fresh decline below the $3,000 support zone. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]
Sensex Today Ends 319 Points Lower; Nifty Below 23,400
Feb 03, 2025Jeremy Parkinson0
After opening the day on a negative note, the Indian benchmark continued its downtrend as the session progressed, eventually closing more than 300 points lower.India benchmark equity indices, Sensex and Nifty, traded lower on Monday, tracking weak cues from Asian markets, as concerns over a broader trade war intensified following tariffs on Canada, Mexico, and […]
EUR/USD Analysis: Slips Amid Renewed USD Strength
Feb 03, 2025Jeremy Parkinson0
The stability of the European euro last week and after the latest interest rate decision by the European Central Bank. It did not last long as the price of the euro against the US dollar EUR/USD returned to move in its broader downward path with losses that reached the support level of 1.0350, which closed […]
US Dollar Index Gives Up Some Gains, Outlook Remains Firm As Trump Starts Trade War
Feb 03, 2025Jeremy Parkinson0
Image Source: Pexels The USD Index retraces after failing to revisit 110.00 but is still 0.7% higher intraday. US President Trump imposed 25% tariffs on Canada and Mexico, and 10% on China. Investors expect Trump’s tariffs would be inflationary for the US economy. The US Dollar (USD) surrenders some of its intraday gains in Monday’s North […]
Exxon Vs. Chevron: Which Is The Better Dividend Aristocrat?
Feb 03, 2025Jeremy Parkinson0
Image Source: Pexels As expected, President Trump’s friendliness to the oil and gas industry carried over to his 2nd term. Following the avalanche of executive orders (EOs) on January 20th, multiple ones were aimed at federal agencies to remove regulatory burdens against the energy sector. Just by declaring a National Energy Emergency, President Trump set the stage […]
DeepSeek Last Monday – Tariffs Today
Feb 03, 2025Jeremy Parkinson0
Tariffs will dominate the news this week as President Trump followed through on his threats against China, Canada and Mexico. I have long been against tariffs as an economic tool and I remain that way. No country can tariff its way to prosperity. No one wins a trade war. There are only losers. Yes. I […]
The Logical-Invest Newsletter For February 2025
Feb 03, 2025Jeremy Parkinson0
Image Source: Pixabay Starting 2025 with goldWe are off to a bumpy start.First, the markets reacted positively, welcoming Trump’s announcements about AI and other related private sector investments. The S&P soared to almost a new all-time high. Almost…Then came DeepSeek, the much-hyped Chinese large language model that does AI better and cheaper. Suddenly, the viability of the recent U.S. AI investment bubble came into question, and […]
Eurozone Inflation Rises Once Again As Risks To 2025 Outlook Linger
Feb 03, 2025Jeremy Parkinson0
Image Source: Pexels Inflation rose from 2.4 to 2.5% in January, the fourth increase in a row for the Eurozone. While it’s set to moderate over the course of the year, upside risks surrounding inflation have far from abated.Inflation across the eurozone ticked up thanks to a higher contribution from energy prices, while food inflation fell and core inflation remained […]