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Gold holds steady as traders brace for fed decision
Gold prices steadied on Wednesday as the dollar eased, while traders assessed U.S. inflation data and its bearing on the Federal Reserve’s...
June 14, 2023, 1:59 am
Cii: married to the s&p 500 this year. will it last for this cef?
The Enhanced Capital and Income Fund is an equity closed-end fund (CEF) that uses a buy-write strategy. CII writes single-name options instead of inde...
June 14, 2023, 1:40 am
Comerica plans to wind down its mortgage warehouse business
CEO Curtis Farmer said the warehouse sector, where Comerica provides lines of credit to mortgage banking companies, has not been providing...
June 14, 2023, 1:29 am
Precious-gold holds steady as traders brace for fed decision
Gold prices steadied on Wednesday as the dollar eased, while traders assessed U.S. inflation data and its bearing on the Federal Reserve’s...
June 14, 2023, 1:29 am
Cme fedwatch tool shows a (nearly) two-thirds chance of an fomc july rate hike
This is based on the probabilities of changes to the Fed Funds rate and U.S. monetary policy, as implied by 30-Day Fed Funds futures pricing data.For ...
June 14, 2023, 12:32 am
Bnp paribas federal open market committee (fomc) preview - why there'll be a hike in july
The US Federal Reserve Federal Open Market Committee (FOMC) statement is due at 2pm US Eastern time, with Chair Powell's press conference following at...
June 13, 2023, 11:53 pm
How much energy does bitcoin really use? less than you might think
The study uses ASIC model “fingerprints” to understand Bitcoin’s energy use, saying it’s wrong to assume the same efficiency across mining rig...
June 13, 2023, 9:14 pm
The close: the value trade leads the way as us stocks hit new highs
The S&P 500 continued to break through the August 2022 high after a soft CPI kneecapped Fed hike expectations for tomorrow:S&P 500 +0.7%Nasdaq Comp +0...
June 13, 2023, 8:18 pm
Economic calendar in asia - wednesday, 14 june 2023 - a very light one
New Zealand data is all I have on the calendar for the session. And its not likely to move the NZD too much...
June 13, 2023, 8:11 pm
Student debt loan repayments could be a headwind to us consumer spending
An unheralded US economic risk this month is the fate of around $430 billion in forgiven US student debt.The Supreme Court will decide on whether Pres...
June 13, 2023, 8:09 pm
Fxwirepro: gbp /nzd moves higher after upbeat british jobs report
GBP /NZD strengthened on Tuesday as stronger-than-expected British jobs report supported the pair. Data released on Tuesday that showed Britains labou...
June 13, 2023, 6:29 pm
It will take much higher oil prices to get us beyond the peak in production: pickering energy cio
Dan Pickering, CIO of Pickering Energy Partners, joins 'The Exchange' to discuss conditions tightening in the oil market, strains on production growth...
June 13, 2023, 2:08 pm
If microstrategy had invested in ethereum instead of bitcoin, here’s how much money michael saylor’s company would have now
Michael Saylor-owned data intelligence firm MicroStrategy Inc (NASDAQ:MSTR), which currently holds the largest number of Bitcoin (CRYPTO: BTC) could h...
June 13, 2023, 11:29 am
Can nvidia stock price reach $500? yes, it's all about ai
Recent metrics disclosed by Nvidia Corporation indicate that the company's growth potential associated with AI is...
June 13, 2023, 11:16 am
Germany zew economic sentiment rose to -8.5, but current situation tumbles very sharply
Germany ZEW Economic Sentiment rose slightly from -10.7 to -8.5 in May, above expectation of -14.7. Current Situation index, however, fell “very sha...
June 13, 2023, 10:06 am
Aud/usd closes in on april, may highs as buyers seek us cpi approval for a break
This carries over from yesterday's post here and all the points made then are still very much in play i...
June 13, 2023, 9:18 am
Super micro computer: time to trim (rating downgrade)
SMCI stock has become perhaps my best Buy-rated call here on Seeking Alpha. Time to update the thesis after the stock's tripling. As far as I see, 3 o...
June 13, 2023, 8:29 am
Germany may final cpi +6.1% vs +6.1% y/y prelim
Prior +7.2%HICP +6.3% vs +6.3% y/y prelimPrior +7.6%No change to the initial estimates as this just reaffirms a decline in annual inflation in Germany...
June 13, 2023, 6:00 am
Got $1,000? 2 stocks to buy for the long term
Amazon and Apple shares have soared more than 800% in the last decade. Over the next 10 years, Amazon has much...
June 13, 2023, 5:20 am
Risk-on sentiment dominates, euro jumps as eur/chf takes off
Financial markets are generally leaning towards a risk-on posture, with significant rise in Asia’s Nikkei, following a solid close in the US overnig...
June 13, 2023, 5:14 am