Category Archive: Finance, No picture

Navigating The Waves Of Volatile Stocks: A Market Update

Navigating The Waves Of Volatile Stocks: A Market Update

Image Source: Unsplash  The rollercoaster ride of the stock market continued this week with a mix of gains and losses. A rally fueled by the tech sector lost steam after a Samsung profit warning cast a shadow on the industry. In this dynamic environment, understanding the movements of volatile stocks is crucial for investors seeking stability and growth […]
Crypto Commentary – Wednesday, January 10

Crypto Commentary – Wednesday, January 10

SEC Decision DueTraders are bracing for plenty of volatility across crypto markets today with the SEC due to decide on the current batch of spot-Bitcoin ETF applications. Yesterday, the market was seen spiking to fresh highs for the year in response to a fake tweet put out claiming the SEC had approved spot-Bitcoin ETFS. However, […]
Swaps Are Pricing In A Hotter-Than-Expected CPI Report Tomorrow

Swaps Are Pricing In A Hotter-Than-Expected CPI Report Tomorrow

Image Source: DepositPhotosCPI swaps currently see inflation rising by 3.3% y/y in December, vs. median estimates of 3.2%. Tune in for more details. #inflation #cpi  Video Length: 00:09:01 More By This Author:Is China’s Market Sending A Warning Signal For Earnings Season?Options Action May Have Driven Stocks Sharply HigherThe Magical Melting VIX Saves Stocks For Now
Romanian National Bank Preview: Still On Hold With No Dovish Signals Yet

Romanian National Bank Preview: Still On Hold With No Dovish Signals Yet

Image Source: Pexels  We expect the National Bank of Romania (NBR) to keep the policy rate unchanged at 7.00% at its 12 January meeting. While we think that the Bank will welcome the latest inflation reading, which was lower than expected, we don’t expect any major dovish hints yet.As we described in more detail here, the disinflation story […]
Gold Price Struggling To Rebound, Eyes On US Inflation

Gold Price Struggling To Rebound, Eyes On US Inflation

The gold price is trading in the green at $2,034 at the time of writing. The metal seems determined to hit new highs as the US dollar turned downside. The dollar’s sell-off should help the XAU/USD to come back higher and to erase some of the latest drops.Yesterday, the US Trade Balance and RCM/TIPP Economic […]
Elliott Wave Technical Analysis: Costco Wholesale Corp. – Wednesday, Jan. 10

Elliott Wave Technical Analysis: Costco Wholesale Corp. – Wednesday, Jan. 10

Image Source: Unsplash  Costco Wholesale Corp., Elliott Wave Technical AnalysisCostco Wholesale Corp., (Nasdaq: COST): 4h Chart 10 January 2024COST Stock Market Analysis: We have been monitoring the upside into wave 3 ever since the pullback in Minor wave 2. Looking for additional upside into wave {v} of 3 as we have an incomplete five wave sequence. […]
Don’t Be Burned In The Churn

Don’t Be Burned In The Churn

Image Source: Pixabay  Overview: The broad consolidation in the dollar after the gyrations at the end of last week continues, and within it the greenback is a bit softer today. Among the G10 currencies, only the yen is failing to post gains. Most emerging market currencies, led by central Europe, are also firmer today. A notable exception […]
EUR/USD Analysis: Bearish Pressure Continues 
                    
 

EUR/USD Analysis: Bearish Pressure Continues  

The USD remains dominant as EUR/USD drops to 1.0910, influenced by strong US employment data and pending inflation figures. Analysts have mixed forecasts for EUR/USD, with some expecting a rise to 1.14 by 2024’s end, while others see potential drops. The Fed’s rate decisions are key, as recent labor and ISM data impact market expectations, […]
Keep An Eye On Bitcoin Today

Keep An Eye On Bitcoin Today

Image Source: Pexels  We’ve seen a mild bout of risk on flow this Wednesday, though, for the most part, it continues to be a game of consolidation ahead of tomorrow’s US inflation data. The only developed currency tracking lower against the Buck ahead of the North American open is the Yen.Video Length: 00:01:03More By This Author:Traders […]
You Can Still Profit From Japan

You Can Still Profit From Japan

Photo by Yiorgos Ntrahas on Unsplash  Japan’s poor economic performance since the late 1980s has gone hand-in-glove with an even lousier stock market. However, the 2023 recovery of the Nikkei and Topix indices to levels not seen since the start of the 1990s showed that global investors have finally begun to take the country seriously […]