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Wti crude oil settles at $77.29
WTI crude oil futures settle at $77.29, declining by $1.87 or 2.36%. Throughout the day, prices fluctuated between a low of $76.97 and a high of $79.0...
Will serving underbanked populations lead to predatory inclusion?
In recent years, there has been a global drive toward financial inclusion for underbanked groups. The idea is to give these groups access to fundament...
Tesla cracks but broader tech holds on.which side wins?
For the past few years, there's been a strong correlation between shares of Tesla and the Nasdaq but it could be breaking. Today, shares of Tesla are ...
Gbpjpy moves toward 100 hour ma.
The GBPJPY has been correcting lower and is approaching the rising 100 hour MA at 166.738. Just below that level is the rising trend line.Of note tech...
More from mester: fed has come a long way in tightening monetary policy
The Fed has come a long way in tightening monetary policyActive tool of monetary policy is interest rates, not the balance sheetFed will act to shore ...
European parliament approves landmark crypto law, mica
European Union (EU) lawmakers have voted in favour of the Markets in Crypto-Assets (MiCA) regulation, making Europe the first major jurisdiction to in...
Fed's waller answering questions
Fed's Waller is answering some questions, but so far he is sticking away from the economy/monetary policy:Stable coins will give fed a broader reach i...
Euro forecast - eur/usd rebounds as trendline support holds bears at bay. what now?
EUR/USD gains after a subdued performance on Wednesday, as prices encounter support at a key technical trendline, setting the stage for a modest rebou...
Fed's mester: inflation is still too high. fed has more work to do
Inflation is still highFed Bank has more work to doFederal need to hike policy rate to over 5% and hold there for a whileFed is much closer to the end...
Wall street aces its real-life stress test
Wall street aces its real-life stress test. Every year the biggest U.S. banks endure a tedious exercise, where their businesses are put through a seri...
Live: set the trap
Hi members, Thinus and I reviewed the M2 and E&S setups in today’s webinar. The good news we have is that there are plenty of setups forming up and ...
Feds waller does not comment on the economy or monetary policy in speech
Fed's Waller is speaking but did not make any comments on monetary policy or the economy as he speaks on financial innovation. His comments:We should ...
European indices close the day lower
The major European indices are ending the day lower. The UK FTSE 100 was the outlier as it closed unchanged on the day:German DAX -0.62%Frances CAC -0...
Yen awaits japan’s inflation as boj meeting approaches
Investors will be exploring Japan’s CPI inflation report during Friday’s Asian session in order to get clarity on whether inflation is persisting ...
The rise of alternative lending and crowdfunding platforms in africa
In recent years, alternative lending and crowdfunding services have grown in popularity throughout Africa. These platforms open up new avenues for peo...
U.s. treasury to auction off 2, 5 and 7 year notes next week
The US treasuries announced that they will auction $42 billion of 2 year notes next Tuesday. On Wednesday they will auction $43 billion of 5 your note...
Gold outlook: above $2k again as dollar eases
Precious metals have been under pressure since Friday, until finding some support on Wednesday. In the first half of Thursday’s session, gold climbe...
Crude oil down over $2 at $77.19
Today, as US economic growth figures come in below expectations, crude oil prices continue to decline. Currently trading at $77.19, the price has drop...
Treasury secretary yellen: banking system remains sound.
US Treasury Secretary Yellen is a speaking and says:US banking system remains sound and we will take necessary steps to ensure US financial system is ...
Usdchf tests the monday low
The USD selling has the USDCHF moving to a new session low at 0.89195. The price also dipped to a new week low taking out the Monday low at 0.89213, b...
Usd/jpy: weaker near term tone on downbeat us data
The USDJPY started to lose traction after repeated failure to clearly break through pivotal Fibo resistance at 134.75 (61.8% of 137.90/129.64 descend)...
Sunset market commentary
Markets Today’s ECB March meeting minutes gave a glimpse into the central bank’s analysis of the financial turbulence in the wake of the Silicon V...
Mobilize private finance to fight rising global food insecurity: devere ceo
By George Prior The war between Russia and Ukraine and the impact it has on global grain exports – which feeds billions each day – highlight the u...
Audusd lifting off. breaks above 200 day ma
The AUDUSD is lifting off as it breaks above its 200 day moving average and 50% retracement of the move down from last Friday's high. Both those techn...
Ecb's visco: the risk of doing too much is at least as much as risk of doing too little
Eurozone economic demand is still below trendThe headline is an interesting comment and is a hint that the doves might start to push back against what...
Eu consumer confidence flash for april -17.5 versus -18.5 estimate
EU consumer confidence flash estimate for April 2023 -17.5 versus -18.5 estimate This article was written by Greg Michalowski at www.forexlive.com......
Us leading index for march -1.2% versus -0.6% estimate
Prior month -0.3% revised to -0.5%Leading index for March -1.2% versus -0.6% expectedThe index is down for the 12 consecutive monthThe LEI is down 4.5...
Us march existing home sales 4.44m vs 4.50m expected
Prior was 4.58mSales change -2.4% vs +14.5% priorMedian price $375,700 vs $363,300 priorPrices down 0.9% from March 2022Inventory 2.6 vs 2.6 months pr...
Jordan fa cup to be renamed as cfi partners football association
Credit Financial Invest (CFI) has signed a new partnership with the Jordan Football Association (JFA), thereby becoming the exclusive brokerage partne...
Can usd reverse in april?
As we move away from the bank crisis and de-dollarization concerns, a significant question on the minds of many traders is whether the US Dollar will ...
South african rand forecast: zar bid on sticky inflation and weaker usd
USD/ZAR has pushed off the 50-day moving average today as a weaker USD takes hold ahead of key US releases later today......
Ltcusd technical analysis: bearish engulfing pattern is below $103.38
Bulls couldn’t keep control of the market last week, and after touching a high of $103.38 on 18 April, the price declined against the US Dollar, tou...
Ethusd technical analysis: three inside down pattern is below $2,140
Bulls couldn’t keep control of the market, and after touching a high of $2,140 on 16 April, the ETH/USD pair declined, touching a low of $1,923 toda...
The crypto correction
Market picture Bitcoin rolled back to $29K on Wednesday and fell to $28.6K at specific points on Thursday morning. The decline comes in strong impulse...
Us stocks open lower. nasdaq leads the way.
Major US stock indices are opening lower. The declines are led by the NASDAQ index. Tesla shares are trading down around -8% on the day after disappoi...