Category: Year

  • New York Fed: 1 year inflation expectations unchanged at 3.0%.3-year up to 2.5% from 2.3%

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Oil falls to the lowest in a year

    Crude oil WTI daily The oil market didn’t spend much time below $70 in the post-pandemic period, but after five days of heavy selling, it’s now at $67.29, the lowest since June 2023. Last year, we saw several dips to this range, all of them buys, including two intraday dips…

  • Watch out! September has a history of being the worst month of the year By Investing.com

    Yardeni Research analysts see a positive trajectory over the next two months despite September’s historical trend of being a challenging month for stocks. The research firm expects the expected monetary easing by the US Federal Reserve, which begins with a 25 basis point cut in the federal funds rate on…

  • Rafael CEO: Iron Beam laser air-defense operational next year

    Israeli company Rafael Advanced Defense Systems Apple reported a record NIS 59 billion in orders at the end of the second quarter. Orders included a big and surprising increase in the Americas, and a slight decline in sales in Israel. Rafael’s revenues in the second quarter amounted to NIS 3.9…

  • Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year

    As global economic uncertainty looms, Bitcoin (BTC) has seen increased volatility and struggles to maintain its foothold above critical resistance levels it lost over the past month. The largest cryptocurrency in the market remains in a precarious position, but emerging signs could bode well for Bitcoin’s price and the broader…

  • Bullish Bitcoin News? US Federal Reserve Set To Implement Three Rate Cuts This Year

    As global economic uncertainty looms, Bitcoin (BTC) has seen increased volatility and struggles to maintain its foothold above critical resistance levels it lost over the past month. The largest cryptocurrency in the market remains in a precarious position, but emerging signs could bode well for Bitcoin’s price and the broader…

  • Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!

    the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…

  • Daily FX Market Review: U.S. Dollar Weakens to New Lows of the Year!

    the US Dollar Index Gold hit a 2024 low last week after dovish comments from Federal Reserve Chairman Jerome Powell prompted global currency markets to expect a more dovish stance from the Fed than previously thought. This has led to continued selling pressure, causing the US dollar to fall to…

  • A bullish signal in the stock market is pointing to double-digit gains for the S&P 500 next year, research firm says

    Spencer Platt/Getty, Tyler Lee/PI The stock market showed a bullish technical indicator on Monday, according to Ned Davis Research. NDR strategist Ed Clissold noted that the market is in stage four of bottoming out as it approaches record highs. Since July, three broad bullish signals have emerged, indicating a strong…

  • LTC Volume Doubled Over Past Year

    On-chain data shows that Litecoin transaction volume has more than doubled in the past year, a potentially positive sign for the network. Litecoin transaction volume has shown steady growth recently. In new mail Speaking on X, Jay Mella, director of the Litecoin Foundation, discussed the growth in on-chain activity that…

  • Dollar hits year low versus euro as traders await data and Powell By Reuters

    By Kevin Buckland TOKYO (Reuters) – The dollar fell to its lowest level this year against the euro on Wednesday as traders braced for potentially crucial revisions to U.S. jobs data later in the day, ahead of a speech by Federal Reserve Chairman Jerome Powell at the end of the…

  • Daily FX Market Review: U.S. Dollar Hits Its Lowest Point of the Year!

    The US dollar hit its lowest level this year on Tuesday as market participants awaited the Federal Reserve’s next interest rate cuts. The dollar fell to levels not seen since early January, reflecting expectations that the U.S. Federal Reserve will begin cutting interest rates next month. This decline comes in…

  • Funds go long yen for first time in four year: McGeever By Reuters

    By Jamie McGeever ORLANDO, Fla. (Reuters) – Speculative carry trades funded in Japanese yen have completely declined, according to one measure. The latest data from the Commodity Futures Trading Commission shows that hedge funds and speculators have reversed their short positions in the yen and are now net long in…

  • Stocks secure best week of the year, reversing early August sell-off

    Despite the recent rally in tech stocks, mega-cap names like Alphabet (GOOG, GOOGL), Amazon (AMZN), and Microsoft (MSFT) have seen their shares decline over the past month as investors question the viability of the AI ​​space. Shares of Google parent Alphabet Inc. fell 14%, while Amazon shares fell about 8%.…

  • The Fed will only cut rates once this year because the US economy is too strong, market vet says

    U.S. Federal Reserve Chairman Jerome Powell speaks during a Senate Banking, Housing and Urban Affairs Committee hearing on the semiannual monetary policy report to Congress at the U.S. Capitol on July 9, 2024 in Washington, D.C. Powell was quoted as saying in previous remarks, “We want to be more confident…

  • Fuel prices unchanged for first time since December last year

    Fuel prices remained steady for the first time this year, ending months of consecutive price cuts that consumers have enjoyed since December last year. The Energy and Petroleum Regulatory Authority (EPRA) has kept the pump prices of a litre of petrol and diesel unchanged at Sh188.84 and Sh171.60 respectively in…

  • Bernstein remains neutral on Nifty, 8-9% return expected this year By Investing.com

    Investing.com — Bernstein Research has a neutral outlook on the index, India’s benchmark stock market index. The firm expects a modest return of 8% to 9% for the index this year. This position comes amid a complex investment environment, where global and local factors interact to shape market sentiment and…

  • Where Will Nvidia Stock Be in 1 Year?

    The artificial intelligence (AI) boom is well underway, and perhaps no company has benefited from it more than Nvidia (NASDAQ: NVDA)For years, the company’s semiconductors have been the go-to choice among tech companies for AI processing, and now that move is paying off for Nvidia stock. The company’s stock price…

  • CRA International sees growth in Q2, anticipates solid year By Investing.com

    Charles River Associates (CRA International, ticker: CRAI), a global consulting firm, reported a solid performance in the second quarter of fiscal 2024, with a 5.9% increase in revenue year-over-year, reaching $171.4 million. The company experienced growth across multiple practices, with significant contributions from its Antitrust & Competition Economics, Financial Economics,…

  • CRA International sees growth in Q2, anticipates solid year By Investing.com

    Charles River Associates (CRA International, ticker: CRAI), a global consulting firm, reported a solid performance in the second quarter of fiscal 2024, with a 5.9% increase in revenue year-over-year, reaching $171.4 million. The company experienced growth across multiple practices, with significant contributions from its Antitrust & Competition Economics, Financial Economics,…