High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bank of England’s Bailey: The UK must preserve free trade
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Trump trades are cooling off today
The sugar-high from the Trump election is wearing off in a few spots. Tesla was a darling after the election win as Elon Musk helped to finance Trump's campaign and ingratiated himself with the President. However a report today says Tesla won't be spared when...
Trump transition palns to kill $7500 consumer tax credit for electric vehicles — report
Reuters reports that Trump's transition team is targeting ending the $7500 consumer subsidy for buying an electric vehicle, citing two sources.Trump has mentioned ending it so it's not a big surprise. The report says Tesla supports ending it and notes that Elon Musk...
Barclays: ‘We envisage sustained dollar resilience with bullish momentum into 2025.’
'Barclays expects the USD to maintain its resilience and bullish momentum through 2025, driven by strong US economic momentum and market adjustments in the Fed’s rate expectations. President-elect Trump’s proposed trade and fiscal policies add further support,...
European equity close: It was a big bounce-back day as the volatility continues
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
EIA weekly crude oil inventories +2089K vs +750K expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Bitcoin falls to $88,000 in a quick fall
bitcoin 10 minsBitcoin has seen some bids early in US trading in the past two days, likely frontrunning ETF flows. The bulls tried that move again today and boosted it to a session high at $91,800 but despite edging above the Asian highs, there was no follow...
EIA weekly nat gas inventories +42 bcf vs +44 bcf expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Barkin: Fed does watch carefully if 10-year yield driven by inflation expectations
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
Technology edges higher: Mixed signals in today’s stock market
Stock heatmap by FinViz.com Thu, 14 Nov 2024 14:46:09 GMTTechnology edges higher: Mixed signals in today's stock marketThe U.S. stock market showed a mix of gains and losses today, with the technology sector presenting some bright spots despite broader uncertainty....
US stocks open flat. Investor sentiment not yet at worrying levels
I highlighted earlier how Tesla call options on Friday were 44% of all options traded in the US market. We're also seeing signs of meme stock interest growing.Those are red flags for sentiment but they also tend to be earlier indicators of euphoria, not the final...
USD/CAD rises above 1.40 for the first time since 2020
The weekly chart of USD/CAD is looking like a big breakout.USDCAD weeklyPerhaps the biggest warning for the loonie today comes from the oil market. Crude is higher today after two days of declines but the IEA is warning about a surprise of 1 million barrels per day of...
EBC and Oxford’s WERD Event Brings Fresh Perspectives on Climate and the Global Economy
EBC Financial Group (EBC), in collaboration with the University of Oxford’s Department of Economics, will convene leading minds from academia and finance on 14 November 2024 for a special edition of the What Economists Really Do (WERD) Series. This event, themed...
Fed’s Barkin: Fed is making great progress but needs to keep it going
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US equity futures flat. Eyes on Disney
US stock futures are flat just ahead of the open while Treasury yields are slightly lower across the curve. The market is weighing the strength of the post-election rally, which has been impressive but won't move in one direction forever.The big winner in the...
US weekly initial jobless claims 221K vs 223K expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
US October producer price index +2.4% y/y vs +2.3% expected
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...
BIT Mining Invests in Prosper’s Native Tokens to Support New Focus on Bitcoin Mining
Prosper, a decentralized protocol bridging institutional-grade Bitcoin mining power on-chain and aiming to unlock the potential of Bitcoin through liquidity farming, today announced a new investment in its native project token PROS by one of the leading cryptocurrency...
Fed’s Kugler welcomes easing in inflation expectations
High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives,...