ECB Bank Lending Survey Shows Monetary Transmission Persisting
Ahead of Thursday's ECB meeting, the bank lending survey provides confirmation that higher interest rates still dampen loan demand from businesses and households.
Ripple: Strategic Whale Activities Highlight Potential Recoveries
XRP price explores lows seen on 13 November 2023 after significant dips. Large-scale investors capitalize on the discounted prices with massive purchases. Whale actions and development activity suggest possible rallies for the remittance token.
Stock Market-Interest Rate Rhymes
History shows that the movement of stock prices and interest rates don’t necessarily happen simultaneously but play out over time.
Copper Market Commentary - Tuesday, January 23
Copper prices are rising today as traders digest news that China is considering a huge new stimulus package aimed at reviving falling stock markets.
The US Stock Indices Have Once Again Hit All-Time Highs
Stocks rose on Monday amid optimism about the US economic outlook and expectations of strong quarterly corporate earnings results.
EUR/JPY Drifts Higher To 161.50 Following BoJ Rate Decision
EUR/JPY trades on a stronger note near 161.50 after BoJ rate decision. The BoJ held the interest rate and 10-year JGB yield target steady, allowing the 10-year JGB to move up to around 1.0%.
Time To Buy Tesla Shares?
Over the last 13 years, Tesla has seen an average return of 5% between the 22nd of Jan and the 5th of February.
Silver Forecast: Silver Continues To See Massive Swings
Silver fell hard early in the session on Monday as it looks like we continue to threaten the $22 level.
BTC/USD Signal: Bitcoin Gets Extremely Oversold
Bitcoin moved below the important support at $40,000 and reached its lowest point since December 4th. It also crashed below the key support at $40,548, its lowest point on January 3rd and December 18th.
Bull Of The Day: Pinterest - Tuesday, Jan. 23
Pinterest is a social media platform that allows users to discover and save ideas for various interests and projects.
MCD Could Slowdown The Momentum Looking For A Pullback
McDonald’s is the world’s largest fast food restaurant chain, serving over 69 million customers daily in over 100 countries in more than 40,000 outlets as of 2021.
When The Stock Market Will Crash
The S&P 500 hit another record high. That's proof the US is on track to achieve its Goldilocks scenario, soft landing and disinflation combined.
Worldwide Coal Consumption
From time to time, we come across data that's interesting in and of itself as we work on various projects.
Bitcoin And Ethereum: Bitcoin Pulls Back Below $40,000
Yesterday afternoon, we saw a strong bearish impulse and a fall in the price of Bitcoin to the $39437 level. Ethereum’s price drop continued last night with a retreat to the $2299 level.
Two Trades To Watch: EUR/USD, USD/JPY - Tuesday, Jan. 23
EUR/USD rises above 1.09 ahead of consumer confidence data. USD/JPY falls after BoJ leaves rates negative, but hints change may come.
Japanese Market Commentary - Tuesday, Jan. 23
On the back of the latest BOJ meeting overnight, the Japanese Yen strengthened a little across early European trading on Tuesday.
AUDUSD Forecast: Australian Dollar Continues To See Choppiness
During Monday’s trading session, the Aussie initially attempted to rally but failed to do so as there weren’t any significant economic data to fuel investors’ sentiments.
USD/CAD Outlook: Investors Brace For The BoC Meeting
Investors assessed the possibility of a more dovish stance from the Bank of Canada. The Bank of Canada will likely hold its key overnight rate at a 22-year high of 5% on Wednesday.
Market Briefing For Tuesday, January 23
Irrational exuberance is back in the lexicon of analysts, worrywarts and pundits. Most fail to note it's primarily just the usual mega-caps. You could have a reversal and resume the upside in Spring.
Elliott Wave Technical Analysis Day Chart: U.S. Dollar/Swiss Franc - Tuesday, Jan. 23
The USDCHF Elliott Wave analysis highlights an impulsive trend, with black wave 4 concluded and the initiation of black wave 5.