Author: Admin
Neither S&P 500 nor Nasdaq could challenge Thursday‘s highs – opportunity to sell was acted upon right off the opening bell. Both decent intraday recoveries failed, and the indices closed on a risk-off mode – taking risk down was visible in the leader Russell 2000 as well.
“I am 69, and started collecting Social Security when I was 66½.”
Highlights include US PCE, BoJ, China Activity Data, Flash PMIs, and Inflation from the UK, Japan and Canada Marketwatch MON: US Holiday (MLK Day), Eurogroup Summit; EZ Final HICP (Dec), Canadian CPI (Dec), Chinese GDP (Q4), US Leading index (Oct), Housing Starts/Building Permits (Oct), Philadelphia Fed (Jan), New Home Sales (Nov), Australian Flash PMIs (Jan) TUE: PBoC LPR, EU Economic & Financial Affairs Council, UK Unemployment Rate & Average Earnings (Nov), Swiss Producer Prices (Dec), German ZEW (Jan), French & German Flash PMIs (Jan) WED: IEA OMR; UK CPI (Dec) THU: ECB Minutes (Dec), Norges Bank Policy Announcement, CBRT…
‘It’s not something that can be solved overnight’: AI has overwhelmed the electricity grid, and everyone from average Americans to Trump is outraged.
EUR/USD drops even though the Dollar pared some of its earlier gains on Friday sparked by solid US economic data releases in the week, which has improved the outlook for the labor market. This trimmed the chances for further easing by the Federal Reserve, a tailwind for the Greenback. The pair trades at 1.1599, down 0.08%.Euro edges lower as strong US labor and production data underpin the Dollar despite fading momentumThe shared currency is poised to end the week negatively, following solid jobless claims revealed on Thursday. This, a spike on factory inflation and US President Trump reluctancy to nominate…
Jerome Powell’s term as Federal Reserve chair ends in May — but he can choose to stay on as a Fed governor until 2028.
Learn about the process of gold redefining, where old jewellery, scrap, and bullion are stripped back to their purest form, valued with precision, and reborn as tradable gold. Read on. If you have ever sold gold jewellery, scrap, or bullion to any gold buyer in Brisbane, you must have thought, “What really happens with my gold? Does it get melted down? Is it resold as is? How do buyers obtain its real value?” For many people, gold refining may sound complex, but it’s actually pretty simple and easy to understand. This guide explains, step by step, how refining works in…
The Euro (EUR) turns lower against the US Dollar (USD) on Friday, surrendering intraday gains as renewed demand for the Greenback keeps the pair on the defensive. At the time of writing, EUR/USD is trading flat near 1.1600, after briefly sliding to its lowest level since November 28.The US Dollar draws support from stronger-than-expected US economic data, which has reinforced the view that the Federal Reserve (Fed) can afford to hold off on cutting interest rates in the near term.Further supporting the US Dollar, comments from White House National Economic Council Director Kevin Hassett helped ease investor concerns over recent…
More stocks are making new 52-week highs and volatility is low.
Read on to understand how investing in gold through your SMSF works, what the ATO actually requires, and how physical bullion can add real balance to your retirement strategy. If you manage your own super, chances are you’ve thought about gold at some point. That’s the way markets move, after all. Inflation chews up money. Property and shares don’t always go the way you think they should. That’s about when SMSFs’ gold investment starts considering investments with more substance. The bright side is this: investing in gold with your SMSF is legal in Australia, provided you comply with the laws.…