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Edv: long-term bullish but near-term risks rising (rating downgrade)
Short-term yields are high relative to long-term inflation and economic growth outlook, but aggressive interest rate cuts are already priced into bond...
June 23, 2023, 5:20 am
Usd/jpy bears to target sub-142 on soft services pmi and the fed
It was a busy morning for the USD/JPY, with inflation and private sector activity in focus. However, Fed chatter and US stats will have more influence...
June 23, 2023, 2:57 am
Axogen: far more constructive with q1 numbers, profitability the next hurdle
AxoGen is showing potential for growth, and management expects a record $160 million in revenue this year. Focus on core and active accounts has yield...
June 23, 2023, 2:49 am
Eur/usd price analysis: bull cross prods euro sellers above 1.0940 support ahead of key pmis
However, a rising wedge bearish chart formation and downbeat MACD signals join the Euro pair’s U-turn from the six-week-old horizontal resistance ar...
June 23, 2023, 1:59 am
Eur/usd pullback jostles with 1.0950 as central banks, fed powell propel us dollar, pmi in focus
The nearly overbought RSI conditions challenge the EUR/USD buyers as they reverse after failing to cross the February month’s high of 1.1033. Howeve...
June 23, 2023, 1:29 am
Why higher central bank rates are bullish oil
This snippet is via ANZ commodity analysts after Federal Reserve Chair Powell warned of higher rates still to come and the Bank of England ratcheted i...
June 23, 2023, 1:02 am
Will simplifying recurring billing for businesses disrupt traditional payment models?
Many organizations rely on recurring payment, especially those that operate on a subscription-based basis or provide continuous services. Traditional ...
June 22, 2023, 10:03 pm
Bitcoin and correlations — examining the relationship between btc, gold and the nasdaq
While a correlation holds, it tends to be a big news story. Throughout much of 2022 and early 2023, for example, the “Bitcoin trades in tandem with ...
June 22, 2023, 9:44 pm
My top 10 growth companies for june 2023
Growth companies can provide your investment portfolio with excellent returns. However, they can come attached with elevated risk factors due to high ...
June 22, 2023, 5:00 pm
Broken mirror: lululemon fails to find buyer failing fitness gadget
Lululemon paid $500 million for the low-tech gadget during the height of the pandemic-induced exercise craze in 2020. However, a recent filing showed ...
June 22, 2023, 4:59 pm
Market movers dip amidst powell’s hawkish testimony
Market Movers Dip Amidst Powell’s Hawkish Testimony On Thursday, US stock index futures saw a minor decrease as Federal Reserve Chair Jerome Powell ...
June 22, 2023, 4:06 pm
As yen collapses, how likely is fx intervention?
With the yen breaking down lately, Japanese authorities have stepped up their warnings about FX intervention. However, the conditions for intervention...
June 22, 2023, 3:08 pm
Alty: 7% yield etf beating competitors, yet unattractive
Global X Alternative Income ETF is a multi-asset fund with a 7.3% yield. It has beaten its 3 closest competitors since 2018, and also in 2023. However...
June 22, 2023, 3:07 pm
Why is locafy (lcfy) stock down 6% today?
Struggling on life support, search engine marketing specialist Locafy (NASDAQ: LCFY ) is facing delisting from the Nasdaq Exchange due to non-complian...
June 22, 2023, 2:59 pm
Bank of england’s expected surprise
The Bank of England raised its key rate by 50bp to 5.00% – a sharper move than analysts who had made their forecasts earlier in the week had expecte...
June 22, 2023, 2:58 pm
Eia weekly natural gas inventories +95 vs +91b expected
Prior was 84BUS natural gas prices have come off the bottom in part due to higher power burn and exports to Mexico. ...
June 22, 2023, 2:30 pm
Development projects aid red rock resorts (rrr), costs high
Red Rock Resorts' (RRR) emphasis on development projects and digital initiatives bodes well. However, inflationary pressures are a headwind....
June 22, 2023, 2:06 pm
Commodities trying to rally amid bearish global growth trends, dbc a hold
The Invesco DB Commodity Index Tracking Fund printed a bullish engulfing candlestick pattern last week, indicating a potential shift in favor of the r...
June 22, 2023, 1:59 pm
Eur/usd mid-day outlook
Daily Pivots: (S1) 1.0932; (P) 1.0961; (R1) 1.1017; More… Intraday bias in EUR/USD remains on the upside at this point. Current rise from 1.0634 sho...
June 22, 2023, 1:23 pm
Usd/jpy mid-day outlook
Daily Pivots: (S1) 141.34; (P) 141.85; (R1) 142.41; More… No change in USD/JPY’s outlook as further rally is expected with 141.20 minor support in...
June 22, 2023, 1:19 pm