Financial Markets Report For Monday, Nov 18
Nov 18, 2024Jeremy Parkinson0
Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Monday, November 18.Video Length: 00:09:17More By This Author:Metal Markets Report For Thursday, Nov 14Financial Markets Report For Thursday, Nov 14Financial Markets Report For Wednesday, Nov 13
USD/CAD Posts Modest Gains Above 1.4000, Canadian CPI Data In Focus
Nov 18, 2024Jeremy Parkinson0
Photo by Michelle Spollen on Unsplash USD/CAD gains ground to around 1.4020 in Tuesday’s Asian session. The rising geopolitical risks support the USD. The Canadian CPI inflation report will be in the spotlight on Tuesday. The USD/CAD pair trades in positive territory near 1.4020 on Tuesday during the Asian trading hours. The resurgence of geopolitical tensions in the Middle East […]
Japanese Yen Trims A Part Of Intraday Gains; USD/JPY Shows Resilience Below 154.00 USD/JPY continues to show some resilience below 154.00 mark; bullish bias remains
Nov 18, 2024Jeremy Parkinson0
Image Source: Pixabay The Japanese Yen regains positive traction amid fears of a possible government intervention. The USD remains on the defensive below the YTD peak and also weighs on the USD/JPY pair. The BoJ rate-hike uncertainty might cap the JPY gains and offer some support to the major. The Japanese Yen (JPY) trims a part […]
These Two ETFs Have Outperformed S&P 500 Since 2021: Should Investors Take Notice?
Nov 18, 2024Jeremy Parkinson0
Image Source: Pixabay BMO strategist Brian Belski expects S&P 500 to hit 6,700 level in 2025. JREU and GSPY are two ETFs that could still outperform SPX next year. An overview of what each of these funds have in store for investors. The S&P 500 is on track to close its second consecutive year with over […]
Time To Buy Walmart Or Target Stock As Q3 Earnings Approach?
Nov 18, 2024Jeremy Parkinson0
Image Source: PexelsThird-quarter results from retail giants Walmart (WMT – Free Report) and Target (TGT – Free Report) will be a highlight of this week’s earnings lineup. Both omnichannel retailers are expected to post sound quarterly growth with Walmart and Target set to release their Q3 reports on Tuesday, November 19, and Wednesday, November 20, respectively. Walmart Q3 Expectations Based on […]
Markets Mixed Monday: NVIDIA Forecast And More
Nov 18, 2024Jeremy Parkinson0
Image Source: PexelsMarket indexes fought back from a temporary dip into the red this morning, with every major index aside from the Dow closing in the green to start a new trading week. The Dow closed -55 points, -0.13%, while the small-cap Russell 2000 saw a mirror image today, +0.13% on the session. The S&P 500 […]
Post-Nvidia W.A.G.
Nov 18, 2024Jeremy Parkinson0
Image Source: Pixabay As I hope you know, the big event this week is NVDA earnings after the close on Wednesday. I’d like to offer a bit of a fantasy piece below, which I think is a plausible outcome over the next several days in these charts, assuming Nvidia doesn’t absolutely knock it out of the […]
Global Trends Signal A Calm Day Ahead For Asia
Nov 18, 2024Jeremy Parkinson0
Image Source: PexelsU.S. stocks staged a modest comeback Monday, clawing back some of last week’s steep losses. The S&P 500 gained 0.4%, snapping a two-day losing streak, while the Nasdaq Composite added 0.6%. The Dow Jones Industrial Average, however, bucked the trend with a slight dip of 0.1%, as cautious optimism permeated the marketsThis modest recovery […]
The Commodities Feed: Russian Gas Flows Continue
Nov 18, 2024Jeremy Parkinson0
Image Source: Pixabay Energy – Russian pipeline gas continues to flow Oil prices rallied yesterday with ICE Brent setting almost 3.2% higher. A softening in the USD supported most of the commodities complex. However, for oil, a halt of production at the 755k b/d Johan Sverdrup field in Norway due to a power outage, and a drop […]
The Return Of Economic Policy Uncertainty
Nov 18, 2024Jeremy Parkinson0
Image Source: PexelsNot that it ever disappeared completely. But expect the EPU to rise as the tariffs start flying, and the deportations begin.Figure 1: Economic Policy Uncertainty (news based) (blue), and centered 7 day moving average (bold red). Trump administration shaded orange; election at dashed orange line. Source: policyuncertainty.com, author’s calculations.More By This Author:Structural Breaks In The […]