Japanese Yen Struggles To Gain Ground Ahead Of Jibun Bank Services PMI Data
Image Source: Pixabay The Japanese Yen loses ground amid the stronger USD in Wednesday’s early Asian session. Growing expectations of the BoJ rate hike in December and safe-haven flows might help limit the JPY’s losses. Investors brace for Japan’s Jibun Bank Services PMI, US economic data and Fed’s Powell speech on Wednesday. The Japanese Yen (JPY) […]
EUR/USD Trapped Below 1.06
Image Source: Pixabay EUR/USD softened on Tuesday, ending a bullish recovery attempt. Final EU PMIs, ECB Lagarde appearance unlikely to move the Fiber needle. US data focus shifts to Fed Chair Powell appearance, Friday NFP jobs print. EUR/USD turned lower once again on Tuesday, grappling with the 1.0500 handle as Fiber flubs a bullish run at 1.0600. […]
Asia Open: Turmoil In Korea, A Nation On Edge
Image Source: PexelsASIA OPENAsian markets are bracing for a tense and uncertain open on Wednesday as geopolitical chaos and economic sabre-rattling create a web of challenges for investors. South Korea’s brief but shocking declaration of martial law by President Yoon Suk Yeol jolted the region, marking the country’s most significant political crisis since the 1980s. The […]
Comparing The S&P Quality FCF Aristocrats Indices With The S&P Dividend Aristocrats
Image Source: Pexels While the S&P Dividend Aristocrats® Indices have been in existence for almost two decades, only now has the “Aristocrats” moniker been extended to a new series of indices: the S&P Quality FCF Aristocrats. Like the S&P Dividend Aristocrats, this new series emphasizes consistency and the selection of high quality companies. While they share many […]
Rates Spark: Eyes On France
European markets will be watching closely as the French government faces a no-confidence vote. A fall of the government looks likely, and while it has added to the market’s dovish pricing the overall fallout is remarkably muted. US rates will be watching Fed Chair Powell’s speech and we update on the Fed’s reverse repo facility as […]
Turnaround Tuesday: A Look At Emerging Markets
The DAX is a stock market index consisting of the 40 major German blue-chip companies trading on the Frankfurt Stock Exchange. Here are the top five weighted sectors: Sector Weightings Industrials 24.51% Financial Services 20.33% Technology 18.47% Consumer Cyclical 10.27% Communication Services 7.25% The German economy, hit hard by a manufacturing slowdown and weak demand for its exports, has struggled in 2024 and is on course to contract for […]
How AI May Escalate Geopolitical Conflicts
Photo by Steve Johnson on Unsplash Artificial intelligence (AI) is already transforming industries, but its applications in financial markets and national security remain underexplored. In his latest book, Money GPT: AI and the Threat to the Global Economy, bestselling author, economist, and investment advisor Jim Rickards provides a sobering analysis of how AI could disrupt financial systems and even […]
Are We Living In The Roaring 2020s?
Image Source: Pexels Could this decade redefine economic growth and markets? Ed Yardeni believes it might. He joins James Connor to unpack his prediction of record highs for the S&P 500, driven by revolutionary advancements in AI, humanoids, and productivity. Ed also explains why a long-anticipated recession has not been forthcoming, as the U.S. economy has […]
Prepare For “The Mother Of All Blow-Off Tops”
Image Source: Pixabay Asset prices bubbles follow a predictable trajectory, driven by investor psychology.The final stage before the bursting is a Euphoric peak.The financial advisors at New Harbor Financial think we’re on our way to such a blow-off top, but we’re not quite there yet. They expect the action to get even more manic before we […]
AT&T Plans $20B In Buybacks Over 3 Years; Projects $2.07 EPS By 2025
Image courtesy of 123rf.com AT&T (NYSE: T) is optimistic about its financial trajectory, projecting steady profit advancements over the next few years. The telecommunications giant anticipates earnings per share (EPS) to range between $1.97 and $2.07 in 2025, excluding specific items, with expectations of double-digit growth by 2027.The company also foresees a modest annual rise in service revenue, with mobility […]
