Image Source: Pixabay Overview: The dollar neared JPY152, setting a new 34-year high. This appeared to spur a senior official meeting in Tokyo, ostensibly to talk about the response. Previously, we suggested that Friday, when most markets outside of Asia will be
March 27, 2024
Image Source: Unsplash ETH Recovery StallsEthereum Futures continue to hold around the mid-way point of the recent highs and the corrective low put in last week. The second-largest traded crypto asset by market-cap followed Bitcoin lower from recent highs as profit
The major currency pairs like the EUR/USD are expected to have a quieter week following last week’s central bank bonanza, although the USD/JPY and yen pairs are likely to be more headline-driven amid repeated verbal intervention from Japanese officials –
The bond market has struggled to fully recover from the Federal Reserve’s aggressive run of interest-rate hikes in 2022-2023, but pockets of strength remain conspicuous. Within the fixed-income space, a degree of relative resilience persists for floating-rate securities, low-rated loan
Image Source: Unsplash WTI Elliot Wave Analysis Function – Counter-trend Mode – Corrective Structure – Zigzag Position – Wave (b) of ‘y’Direction – Wave (b) of ‘y’ is still in playDetails – A pullback for (b) is happening as expected. Wave (b) is expected to find support at 80 -79 inside the blue zone. Wave (c) should begin from there. Since mid-December
By Jp Cortez, Sound Money Defense LeagueToday, states across the country are beginning to actively embrace pro-sound money legislation, inviting a critical examination of how America abandoned the gold standard of money and racked up $34.5 trillion in debt. To understand
Company: LVMH Moet Hennessy Louis Vuitton SEBloomberg ticker: MC FPMarket cap: US$453,162mBackground: LVMH Moet Hennessy Louis Vuitton SE is a France-based luxury group active in six sectors: Wines and Spirits, Fashion and Leather Goods, Perfumes and Cosmetics, Watches and Jewelry, Selective Retailing and Other
Image Source: DepositPhotosThe end of a long period of stagnation in the eurozone is getting closer as businesses are becoming more upbeat about the months ahead. Inflation expectations for services are becoming more benign, which will confirm the ECB’s view that
Image Source: Pixabay On Wednesday, most Asian stock markets are trading lower due to negative cues from Wall Street and cautiousness among traders. They are also awaiting key U.S. and European inflation readings and comments from central bank officials for insight
Aussie Under PressureThe Aussie Dollar is back under offer today following weaker-than-forecast inflation data overnight. Australian annualised CPI was seen holding at 3.4% last month, undershooting forecasts for an uptick to 3.5%. Prices have now held at this level for
