Wed, July 24, 2024

Ashley Emerson

The Greenback: A pile of Canadian dollar bills.

USD/CAD Continues to Show Positive Bias for Fifth Straight Day

Quick Look: Oil Prices Impact: The slump in crude oil prices weakens the Canadian Dollar, supporting the USD/CAD pair’s rise. Technical Indicators: Breakout above the 1.3740 supply zone and positive oscillators suggest a bullish outlook; Multi-Week Highs: Trading above mid-1.3700s, nearing a six-week peak, potentially reaching 1.3800 and beyond; The USD/CAD currency pair has been …

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Treasury stock

US Stocks Down 0.2% as Alphabet, Tesla Report Earnings

Quick Look: The S&P 500 and Dow Jones slipped by ~0.2% and ~0.1%; the Nasdaq Composite was slightly below the flatline. The Russell 2000 index for small-cap stocks rose 3% over two days, showing diversification. Alphabet exceeded revenue/profit expectations but saw a share price dip; Tesla missed earnings and beat revenue, but the stock fell …

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crypto

Ether ETF Trading Debut: $1 Billion in Volume

Quick Look: Ether ETFs launched with over $1 billion in trading volume and $106.7 million in net inflows. Ether ETFs’ trading volume was about 20% of Bitcoin ETFs’ $4.5 billion debut, highlighting a strong but comparatively more minor start. BlackRock iShares Ethereum Trust ETF led with $266.5 million inflows, followed by Bitwise’s Ethereum ETF with …

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Google сохраняет файлы cookie третьих лиц на фоне давления промышленности

Google Retains Third-Party Cookies Amid Industry Pressure

Quick Look: Google will keep third-party cookies in Chrome, reversing its earlier decision to phase them out. New Chrome features will allow users to manage their data usage and privacy settings. Google continues to invest in the Privacy Sandbox, integrating additional privacy controls like IP Protection in Incognito mode. User opt-out could disrupt ad targeting, …

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Канадский доллар (CAD) падает на фоне глобальных экономических сдвигов

Canadian Dollar (CAD) Drops Amid Global Economic Shifts

Quick Look: The CAD struggles below the 1.36 mark, with critical levels at 1.3650/75 and potential USD gains above 1.3750. The People’s Bank of China’s recent rate cut has affected high-beta currencies, including the CAD. The BoC’s anticipated 25 basis point rate cut influences the CAD’s performance. Global economic policies and commodity prices pressure the …

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Экономические цели Китая: Решение проблем 2024 года

China’s Economic Goals: Tackling 2024’s Complexities

Quick Look: China aims to modernize industry, expand demand, stimulate growth, curb debt risks, and acknowledge inherent contradictions. The plenum outlined ambitions without detailing resolutions for conflicting goals like boosting consumer spending amidst producer-focused resource allocation. China faces weak domestic demand, deflation risks, property downturn, debt crisis, and higher tariffs, with slow growth in Q2. …

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Курс доллара к индексу приблизился к рекордному максимуму 83,7190 на фоне рыночной нестабильности

USD/INR Nears Record High of 83.7190 Amid Market Turbulence

Quick Look: USD/INR Near Record High: The exchange rate nears an all-time high of 83.7190 due to USD strength. US Dollar Strength: Driven by risk aversion and rising US Treasury yields, tempered by weak labour data. RBI Intervention: Potential central bank actions to support the Rupee may prevent further depreciation. As the USD/INR exchange rate …

USD/INR Nears Record High of 83.7190 Amid Market Turbulence Read More »

Акции технологических компаний падают более чем на 1%, Nasdaq, S&P 500 также снижаются

Tech Stocks Drop Over 1%, Nasdaq, S&P 500 Also Down

Quick Look: Nasdaq, S&P 500, and Dow Jones fell by over 0.7%, 0.8%, and 1%, respectively. The Russell 2000 index declined nearly 2%, indicating shaken investor confidence. Due to concerns over US-China export curbs, Nvidia, TSMC, and ASML declined. US political developments, including the presidential race and Biden’s health, increased market volatility. On Thursday, tech …

Tech Stocks Drop Over 1%, Nasdaq, S&P 500 Also Down Read More »

Снижение ставки ФРС возможно, поскольку инфляция приближается к целевому уровню 2%

Fed Rate Cut Possible as Inflation Nears 2% Target

Quick Look: Fed officials Waller and Williams hint at potential rate cuts amid improving inflation data and cooling the labour market. The Federal Reserve’s benchmark rate has been steady at 5.25-5.5% since last year, with investors expecting cuts before 2024. Former President Trump opposes a pre-election rate cut, arguing it could favour President Biden. The …

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Короли дивидендов: Последовательный рост на протяжении 50 лет

Dividend Kings: Consistent Increases Over 50 Years

Quick Look: Dividend Kings companies have been raising dividends for 50+ years; they are reliable for long-term investors. Walmart is leading the Dow, improving margins, investing in e-commerce, and raising dividends by 9%. Despite inflation, Procter & Gamble focuses on core brands, consistent dividends, and strong pricing power. Illinois Tool Works diversified industrial segments, high …

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Цены на западно-техасскую нефть выросли на 2,4% на фоне изменений на мировом рынке

West Texas Oil Prices Surge 2.4% Amid Global Market Changes

Quick Look: West Texas Oil prices rose 2.4% due to a larger-than-expected drop in US crude stockpiles. Brent futures increased by 1.6%, and WTI crude prices climbed by 2.4%. US firms withdrew 4.9 million barrels, far exceeding the anticipated 30,000-barrel decline. A weaker US dollar supported oil prices despite falling refining margins. Incidents in the …

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Изменения на рынке Forex: Доллар падает, евро растет на 2,1%

Forex Market Shifts: Dollar Declines, Euro Up 2.1%

Quick Look: Federal Reserve hints at potential rate cuts, leading to higher opportunity costs for holding the US dollar. The euro has risen 2.1% against the dollar, marking gains in 13 of the last 15 trading days. The British pound approaches $1.30, benefiting from positive UK economic indicators and a weakening dollar. The forex market …

Forex Market Shifts: Dollar Declines, Euro Up 2.1% Read More »

Stocks

Dow Jones Surges 700+ Points; S&P 500 Hits Record High

Quick Look: The Dow rises over 700 points, and the S&P 500 sets a new record amid positive earnings and interest rate optimism. UnitedHealth leads gains with a nearly 7% rise; Bank of America and Morgan Stanley also perform well. The Nasdaq Composite is up 0.2%, reflecting bullish sentiment bolstered by expected Fed interest rate …

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Биткоин вырос на 9% на фоне поддержки криптовалют со стороны Трампа

Bitcoin Up 9% Amid Trump’s Crypto Support

Quick Look: Market Confidence: Analysts note increased market confidence in Trump’s support for cryptocurrency, particularly Bitcoin mining in the U.S. Bitcoin Surge: Bitcoin rose 9% to $63,790, and mining stocks gained about 10% after a failed assassination attempt on Trump. Alleviated Selling Pressure: Bitcoin prices benefited from reduced selling pressure as the German government liquidated …

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