Category Archive: Finance

Chips Uncertainty

Chips Uncertainty

Semiconductors and tech sent the S&P 500 sharply down – chips and China in focus, with ASML earnings failing to convince. Russell 2000 and other pockets of strength managed to move sideways as price spikes were rejected here too. Positive housing data and roughly a per latest expectations 20y Treasury auction failed to provide a […]
The ECB’s Gentle Start To The Summer Season

The ECB’s Gentle Start To The Summer Season

Image Source: Pixabay  The European Central Bank has kept rates unchanged and has refrained from providing any further forward guidance.There’s the expected gentle start to the European summer season. The ECB just announced its decision to keep all policy interest rates unchanged. The official policy statement did not provide any new clues on the central bank’s future path, but […]
Euro Trades Quietly Ahead Of ECB Meeting

Euro Trades Quietly Ahead Of ECB Meeting

Image Source: Pexels  Overview: The US dollar enjoys a firmer bias today, in mostly quiet turnover in narrow ranges. The Australian dollar is a noted exception, and the better than expected jobs growth may have lent it some resilience today. The greenback initially was sold to almost JPY155.35, a new low (since June 7) before recovering to […]
Ethereum: Why The Next 8 Weeks Will Be Crucial

Ethereum: Why The Next 8 Weeks Will Be Crucial

Image Source: Unsplash  The current market sentiment often fixates on short-term movements, seemingly ignoring the importance of a broader perspective. For instance, there is an overwhelming amount of opinions circulating under the ETH tag, driven by the desire for instant predictions and social media validation.Truth be told, the addition of an “Ethereum prediction for tomorrow” is […]
Unlocking ASX Trading Success: South32 Limited

Unlocking ASX Trading Success: South32 Limited

Image Source: Unsplash  ASX: South32 Limited – S32 Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings,Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) South32 Limited – S32. We observe S32 continuing its downward movement. Our focus will be on identifying a Long Trade Setup as wave 2-gray unfolds as an ABC Correction.ASX: South32 Limited – […]
Amidst Frothy Sentiment, Tech Leads Equities Lower

Amidst Frothy Sentiment, Tech Leads Equities Lower

Since last October’s bottom, tech has led. How it behaves in the weeks and months ahead will reverberate through the stock market. This week’s downward pressure is coming in the backdrop of exuberant sentiment.After several weeks of giving out signs of fatigue, tech-heavy indices are taking a hit. With two sessions to go, the Nasdaq […]
AUD/USD Forex Signal: Bullish Double Bottom Formed At $0.6721

AUD/USD Forex Signal: Bullish Double Bottom Formed At $0.6721

My previous signal on 11th July produced a nicely profitable long trade from the bullish rejection by an hourly pin bar of the support level identified at $0.6755.  Today’s AUD/USD Signals Risk 0.75% Trades may only be entered prior to 5pm Tokyo time Friday. Short Trade Ideas Short entry following a bearish price action reversal on the […]
US Stock Futures Rebound Amid Sector Rotation And Rate Cut Expectations

US Stock Futures Rebound Amid Sector Rotation And Rate Cut Expectations

Image Source: Pexels  Current Indices: Dow Jones: +0.59% (Closed above 41,000 for the first time ever) S&P 500: -1.39% Nasdaq Composite: -2.77% (Worst one-day loss since 2022) Key Influencers:Sector Rotation: Investors moving from high-growth tech stocks to sectors that benefit from lower interest rates. Global Trade and Political Developments: US administration’s threats to expand trade restrictions on technologies sold […]
Tomato Soup Points To Continuing Slow Inflation

Tomato Soup Points To Continuing Slow Inflation

Three months after inflationary prices increases of Campbell’s Condensed Tomato Soup resumed rising after starting to stabilize in late 2023, we find the rate of inflation has slowed again. Unfortunately, we also find no signs of relief for American consumers as prices for the iconic food product remains elevated.Our monthly survey of the prices at which an iconic Number […]
Asian Stock – IHH Healthcare

Asian Stock – IHH Healthcare

Company: IHH Healthcare BerhadBloomberg ticker: IHH MKMarket cap: US$11,669mBackground: IHH Healthcare Berhad is a prominent healthcare services provider in Asia, Central and Eastern Europe, the Middle East, and North Africa. With more than 30,000 employees globally, IHH operates across 10 countries and has close to 10,000 beds in 52 hospitals. IHH holds a significant stake in Parkway Life (PREIT […]