Forex News
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The UK Financial Conduct Authority (FCA) has launched criminal proceedings against Lee Steven Maggs of Sittingbourne, Kent, for two counts of fraud and one count of breaching the Financial Services and Markets Act 2000 (FSMA). The three counts are as follows: • Carrying on regulated activity (namely managing investments) whilst unauthorised, contrary to ...
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Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar. chart The Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager ...
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In a recent post, I tried to warn people about the substantial and growing chance of World War 3. My post was focused on the risk that a war will occur, but it didn’t really focus on the risk that the US and its allies will be defeated in that war. Yes, nuclear weapons are a factor, but there’s no certainty they’ll be unleashed in WW3, even by the losing ...
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The Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were Rents (+2.1%), Secondary education (+6.1%), Tertiary education (+6.5%) and Medical and hospital services (+2.3%). Main features: All groups CPI, Australia, quarterly and annual ...
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Congratulations to Cathie Wood for losing $14.3 billion over the past decade, more than any other fund manager according to Morningstar. chart The Wall Street Journal reports Cathie Wood’s Popular ARK Funds Are Sinking Fast Cathie Wood’s investors are jumping ship. They rushed into her funds and won big during the pandemic, when the star fund manager ...
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The U.S. Dollar continues to pull back from the prior gap that came in as resistance last week. At the time, RSI on the daily chart had flared into overbought territory, and this isn’t a very common occurrence as the last instance of such showed just before the currency had topped in Q4 of last year. The question now is whether bulls show up to hold ...
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Japan is on the brink of currency intervention if the yen weakens any further, according to one of the country’s former top currency officials. “Amid no change in US and Japan ...
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Asia-Pacific markets extend gains as Wall Street continued to rally for a second straight day and investors look toward first-quarter inflation figures from Australia. Australia’s ...
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The U.S. electoral spectacle is rightly capturing global attention. While much is made of each candidate’s personal qualities, the stark difference between the candidates also ...
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The Consumer Price Index (CPI) rose 1.0% this quarter. • Over the twelve months to the March 2024 quarter, the CPI rose 3.6%. • The most significant price rises this quarter were ...
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post: BoJ to Discuss Impact of Yen’s Rapid Slide at This Week’s Policy Meeting - Nikkei post: BOJ IS CLOSELY WATCHING CORE INFLATION AS IT WEIGHS THE TIMING OF ADDITIONAL HIKES - NIKKEI RATHER THAN RUSHING FURTHER TWEAKS, BOJ AIMS TO CAREFULLY MONITOR MOVES BY SMALLER BUSINESSES TO RAISE PAY AND PASS ALONG INCREASED COSTS - NIKKEI post: "WE WANT TO CONFIRM THAT THE CYCLE BETWEEN WAGE AND PRICE GROWTH IS STRENGTHENING," BOJ SOURCE TOLD NIKKEI
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US business activity continued to increase in April, but the rate of expansion slowed amid signs of weaker demand. The latest rise in output was the smallest in the year-to-date ...
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Last year, we looked at charts of Silver/Euro and Dow/Gold, both of which were on the verge of significant long-term breakouts. Since that time, the suspected breakouts have occurred, providing key evidence that the bull market in precious metals is indeed underway. It's time to review these fascinating charts. chart We'll start with Silver/Euro and note ...
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Commodity Market Elliott Wave Analysis for Bitcoin, TLT Bonds, US 10 Yr. Yields, USD/ DXY, Gold, Silver, Copper, Uranium, Crude Oil, Natural Gas. Commodity Market Elliott Wave Analysis Update: No Change in Wave counts. Bitcoin strengthens its case for having Wave (4) in place. Not so much with ETH. Dollar to continue higher with 10 yr. Yields. Gold, silver, ...
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FNG has learned that a number of leading (and not-so-leading) retail prop trading firms have begun to implement rules for their clients that restrict the trades that can be made (or, profit that can be booked) by traders immediately around major news events. The practice, known as News Trading, is a risky strategy whereby a trader takes a significant ...