Category Archive: Finance, No picture
Current Analysis: Singapore Telecommunications
Image Source: UnsplashSingapore Telecommunications Ltd (SGAPY) is Singapore’s leading telecom company. It owns extensive wired and wireless networks offering data and voice services to a broad customer base.Singtel’s diverse investment portfolio spreads across the region. The firm wholly owns Optus in Australia and minority equity stakes in Airtel (29%) in India; Telkomsel (35%) in Indonesia; Globe […]
AUD/USD Moves Downward After RBA Dovish Statement, Trades Lower Around 0.6420
Image Source: Unsplash AUD/USD moves on a downward trajectory as the RBA delivers a dovish rate statement. RBA is concerned about the economy slowing down amid persistent inflation risks. IMF upgraded China’s GDP to grow by 5.4% in 2023 and 4.6% in 2024. AUD/USD proceeds downward with the negative bias, extending the losing streak despite the Reserve Bank […]
WTI Extends Losses After API Reports Biggest Crude Build Since Feb
Image Source: Unsplash Oil prices plunged today, closing well below the pre-Israel levels and breaking below the 200DMA for the first time since July as war risk-premia evaporate and demand fears resurgent. “While the death toll in Gaza from Israeli air strikes continues to rise to unimaginable levels, the prospect for the conflict spreading to the oil-rich […]
5 Top-Ranked Beaten-Down ETFs To Buy
Image Source: Unsplash After the third consecutive monthly loss since the onset of the COVID pandemic in March 2020, Wall Street staged a solid comeback at the start of November. Most of the gains were driven by optimism following comments from Federal Reserve Chairman Jerome Powell. Investors reacted positively to Powell’s “slightly dovish” stance on the […]
Natural Gas Prices To Implode
Image Source: Unsplash The topping tail pattern confirms a bullish turn.Video Length: 00:02:06More By This Author:SPY’s Next Big Move: Critical Levels And Cup And Handle Analysis LUV Stock On Sale – How To Profit From This Incredible Buying Opportunity ENPH Got Crushed
Navigating Global Equity Markets
Image Source: Unsplash Global investing is a time-tested concept that got a major impetus during the exploration era when British, French, Spanish, and Dutch sailors forged trade routes across the oceans. This laid the foundation for today’s North American economy. Fast forward to the present, and global investing is accessible to all through the financial markets – no […]
AUD/USD Price Analysis: Bears Step In After RBA Decision
Image Source: Unsplash The AUD/USD suffered significant losses in Tuesday’s session, reaching a daily low near 0.6400 with a decline of 1.05% and then stabilising around 0.6420. The Reserve Bank of Australia (RBA) hiked rates by 25 bps to 4.35% and left the door open to further increases, but the USD strength is pushing the pair […]
Dell Stock Eyes September Record High As Bullish Bets Grow Ahead Of Quarter Earnings
Image Source: Unsplash Dell Technologies Inc. (NYSE: DELL) gained more than 3% on Tuesday to trade slightly below $72. The level is a 2-month high from the record $72.16 on September 11, 2023. Dell has been rising amid expectations that recoveries in computer hardware will boost stock.Analysts, including Credit Suisse and Evercore ISI, also expect AI […]
Gold’s Roller Coaster: Surprises, Signals, And Speculation In The Precious Metal Market
gold monthly (TOS) Fundamentals Gold prices showed relative stability in Friday’s (Nov. 3) trading, following a flurry of activity in response to the morning’s labor market data. This comes at the end of a positive week for the precious metal. The market’s focus had largely been on Wednesday’s Fed Day and the October Jobs Report on […]
The Energy Report: Demand Fears Are Back
Oil prices are plummeting as oil demand fear starts to rear its ugly head. Not only do you have some speakers from the Federal Reserve that may want to throw cold water on the recent stock market rally, there is also China taking significant steps in reaction to a slowing economy and lower oil demand.China […]
