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Inflation Is Definitely Back In The United States
Article By:
GoldBroker
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Friday, May 17, 2024 8:15 AM EDT
Inflation seems to be making a comeback in the United States, as shown by the core PPI figures, which indicate an increase in prices paid by manufacturers.
Elliott Wave Technical Forecast: Unlocking ASX Trading Success: Fortescue Ltd.
Article By:
Peter Mathers
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Friday, May 17, 2024 8:02 AM EDT
The analysis aims to provide readers with insights into the current market trends and how to capitalize on them effectively.
Rates Spark: Patience Needed For Next Data Guidance
Article By:
ING Economics
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Friday, May 17, 2024 7:50 AM EDT
Some upward drift in 10y UST yields was observed on Thursday but at 4.37% it remains still well below the 4.5% handle.
NASDAQ 100 Forecast: NASDAQ 100 Continues To Rally
Article By:
Christopher Lewis
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Friday, May 17, 2024 7:25 AM EDT
The NASDAQ 100 rallied again during the early hours on Thursday as we continue to see plenty of momentum. The momentum in this market has been quite remarkable, and at this point in time I think it continues to feed upon itself.
In this article: QQQ
Common Pitfalls In Short-Term Trading And How To Avoid Them
Article By:
Anes Bukhdir
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Friday, May 17, 2024 7:25 AM EDT
Discover essential tips for successful short-term trading by learning from common and personal mistakes.
The Strategic Petroleum Reserve Is Not Being Refilled
Article By:
Robert Rapier
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Friday, May 17, 2024 7:12 AM EDT
The SPR is maintained by the U.S. Department of Energy, and its oil stocks are stored in huge underground salt caverns at four sites along the coastline of the Gulf of Mexico.
In this article: OIL
Copper Market Commentary - Friday, May 17
Article By:
James Harte
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Friday, May 17, 2024 7:07 AM EDT
The rally in copper prices has become one of the big sleeper trades of the year so far with copper futures rallying over 40% off the YTD lows and breaking out to new all-time highs.
In this article: COPX
Shiba Inu Whale Nets $3.2m, New Telegram Bot Token Offers Another Opportunity
Article By:
Invezz
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Friday, May 17, 2024 7:01 AM EDT
SHIB whale nets $3.2M profit after HODLing for 2.6 years. Bitbot trading bot emerges as an alternative opportunity with AI-driven trading. Bitbot is currently conducting its token presale with the BITBOT token currently going at $0.018 per token.
In this article: SHIB-X
Marvel Technologies Emerges Bullish Patterns
Article By:
Muhammad Umair, PhD
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Friday, May 17, 2024 7:00 AM EDT
Marvell Technology, Inc. faces formidable challenges and promising opportunities in the rapidly evolving tech industry.
In this article: MRVL
Daily Market Outlook - Friday, May 17
Article By:
Patrick Munnelly
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Friday, May 17, 2024 6:45 AM EDT
Overnight the Asian equity market showed a mixed performance. China's April data revealed conflicting economic trends, with industrial production growth surpassing expectations while retail sales growth unexpectedly slowed.
British Pound Extends Rally Against US Dollar
Article By:
ForexCycle
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Friday, May 17, 2024 6:30 AM EDT
The GBPUSD currency pair has broken out above the 1.2633 resistance level, rallying as high as 1.2700 in recent trading sessions. The bullish momentum shows no signs of letting up just yet, with the potential for further gains over the coming days.
EUR/GBP Forecast: Grinds Higher
Article By:
Christopher Lewis
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Friday, May 17, 2024 6:18 AM EDT
The euro has bounced a bit after initially selling off on Thursday as the 50-day EMA continues to attract a certain amount of attention.
Walgreens Boots Alliance, Inc. Dividend Stock Analysis
Article By:
Dividends4Life
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Friday, May 17, 2024 6:15 AM EDT
Walgreens Boots Alliance, Inc. is the largest U.S. retail drug chain in terms of revenues, this company operates more than 8,000 drug stores throughout the U.S. and Puerto Rico.
In this article: WBA
AUD/USD Outlook: Aussie Stumbles On Downbeat Employment
Article By:
Yohay Elam
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Friday, May 17, 2024 6:06 AM EDT
Data on Thursday revealed a bigger-than-expected jump in Australia’s employment. Australia’s unemployment rate jumped from 3.9% to 4.1%. Investors raised the likelihood of an RBA rate cut in December to 54%.