The Impact of US Data Releases on Markets Backloaded Week with Key Data Releases The week was backloaded with US data as the Wednesday release of Services PMI numbers was followed by the Friday NFP report. The jobs report is somewhat of a peculiarity at this point as this was released on Good Friday, when…
Financial and Banking Sector (XLF) Heading for a Tough Period What Happened Last Month and What to Expect The Financial and banking sector (XLF) was all over the news last month. It is currently no longer part of the daily news cycle. We believe trouble is underway for the second part of the year. Price…
The Aussie Regulator Evaluates Binance’s Financial Services Business ASIC Conducting Focused Evaluation The Australian Securities and Investments Commission (ASIC) has been conducting a focused evaluation of Binance’s financial services business in Australia. The evaluation is specifically centered around the categorization of retail and wholesale consumers. ASIC issued a hearing notice on 29 March to assess…
Mastering Stock Analysis: 3 Essential Metrics You Need to Know Introduction Success in the investment game is all about knowing what data to look at and how to interpret it. Making informed decisions based on accurate analysis is key to maximizing profits and minimizing risks in the stock market. Price/Earnings Ratio The price/earnings ratio, also…
OPEC+’s supply cut – and the resulting oil price spike – was completely unexpected, and served as a clear reminder of how uncertain the current macroeconomic environment is. With so many potential paths for the economy, the best thing you can do is diversify your assets to give yourself a better chance at surviving multiple…
EUR/GBP Continues Downward Trend Despite Positive German Data EUR/GBP Exchange Rate Falls for Sixth Consecutive Day The EUR/GBP exchange rate failed to maintain its momentum after initially cheering upbeat German data on Thursday. The pair reversed from its intraday high and is currently trading around 0.8745. This marks the sixth consecutive day of losses for…
Gold Price Stalls Around $2,020 Amid Dollar Weakness and Fed Speculation A Quirky Take on the Recent Market Movements Hey there, fellow investors! Have you been keeping an eye on the shiny world of gold prices lately? Well, if you haven’t, let me catch you up to speed. The price of gold (XAU/USD) has been…
AUD/USD Recovers Losses Ahead of Key Economic Data Releases An Overview of the Current Market Situation The AUD/USD has managed to regain some ground, trading around 0.6720 as investors await the release of important economic indicators. The Australian dollar has faced downward pressure in recent days, despite weaker-than-expected US data. The Reserve Bank of Australia’s…
