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Financial Markets Report For Tuesday, April 30

Financial Markets Report For Tuesday, April 30

Image Source: PixabayIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Tuesday, April 30.Video Length: 00:15:59More By This Author:SPDR ETF Report For Monday, April 29Financial Markets Report For Monday, April 29Metals Report For Friday, April 26
Market Weakness: A Bear’s Delight

Market Weakness: A Bear’s Delight

Image Source: PexelsDuring the after-hours session, far and away the most boring non-event was, ironically, the one everyone was watching: Amazon. The US Treasury market is about fifty times more exciting than this former dynamo, and you’ve got to feel sorry (well, not really……….) for all the goofballs who YOLO’d their way into aggressive short-dated options positions, hoping for some […]
The Bears Can Feel It In The Air

The Bears Can Feel It In The Air

Image Source: PixabayThe S&P 500 was down about 1.6% heading into the FOMC meeting and Quarterly Refunding Announcement tomorrow. The VIX 1-Day was up 8.3 points to 18.10, which suggests much of the decline today could have been attributed to hedging activity. It seems likely that once we get past the Fed, we could see that usual […]
Nasdaq Financial 100 Index Has Surpassed An Important Swing High

Nasdaq Financial 100 Index Has Surpassed An Important Swing High

Image Source: UnsplashThe Nasdaq Financial 100 Index consists of the stocks of the 100 largest financial companies based on market capitalization that are listed on the Nasdaq Stock Market. It is lesser known than its sister index, the Nasdaq 100, which excludes stocks of companies in the financial sector.Below is a weekly chart of the Nasdaq Financial […]
GBP/USD Holds Below 1.2500 Ahead Of Fed Rate Decision

GBP/USD Holds Below 1.2500 Ahead Of Fed Rate Decision

Image Source: Pixabay GBP/USD trades on a weaker note near 1.2490 on Wednesday.  US Fed is anticipated to hold rates steady in its 5.25%–5.50% range for the sixth straight meeting on Wednesday. The dovish remarks of the BoE weigh on the Cable. The GBP/USD pair holds below 1.2490 during the early Asian session on Wednesday. The downtick of […]
EUR/USD Tumbles Out Of Recent Range, Tests Below 1.0770 As Markets Flee Into Safe Havens

EUR/USD Tumbles Out Of Recent Range, Tests Below 1.0770 As Markets Flee Into Safe Havens

Image Source: Pixabay Euro slips to near-term lows as risk-off markets bid Greenback. European markets will be largely dark on Wednesday. Midweek Fed rate call on the cards. EUR/USD slid below the 1.0670 level on Tuesday after an unexpected uptick in US wages growth reignited fears of sticky inflation, chopping down rate cut expectations and sending […]
Bitcoin price wobbles ahead of Fed’s rate decision

Bitcoin price wobbles ahead of Fed’s rate decision

Bitcoin (BTC) dipped as low as $59,500 on Binance ahead of tomorrow’s Federal Open Market Committee (FOMC) meeting. Market participants are bracing for a hawkish stance from the Federal Reserve (Fed), with expectations set for unchanged interest rates.The CME FedWatch Tool indicates a mere 4.4% of economists predict a rate cut—the first in over a […]
NZD/USD Price Analysis: Bears Reign Supreme, Bulls Nowhere To Be Found

NZD/USD Price Analysis: Bears Reign Supreme, Bulls Nowhere To Be Found

Photo by Thomas Coker on Unsplash The daily indicators of the NZD/USD daily chart confirm a steady bearish momentum. Hourly indicators signal oversold conditions which could lead to a mild upwards correction. The failure to regain the 20-day SMA worsens the outlook of the buyers. The NZD/USD pair plunged to 0.5890 on Tuesday as bears hit the gas […]
Silver Price Analysis: XAG/USD Plunges Over 3%, Back Beneath $27.00

Silver Price Analysis: XAG/USD Plunges Over 3%, Back Beneath $27.00

Image Source: Pixabay Silver drops to $26.29 amid a strengthening US Dollar and rising Treasury yields, influenced by higher employment costs. Technical support is identified near $26.12, the high from May 5, 2023. Additional support might be found around the 78.6% Fibonacci retracement and the 50-day moving average at approximately $25.50/57. A rebound above $27.00 could […]
4 Top Green Energy Stocks To Consider For Long-Term Investment In May

4 Top Green Energy Stocks To Consider For Long-Term Investment In May

Image Source: Unsplash Decarbonising is expected to attract about $150 trillion in investments. Here are the four top green energy stocks that may benefit from it. A brief overview of what each of these four has to offer. About $150 trillion is expected to go into decarbonizing the global economy over the next thirty years. Here […]