Analyst news

• Mnuchin Says He First Saw Pelosi’s Letter on Coronavirus Stimulus Negotiations ‘In the Press’

  30-10-2020 14:01 via news.yahoo.com
  
  Treasury Secretary Steven Mnuchin on Thursday said that he first learned about a letter House speaker Nancy Pelosi sent to him regarding coronavirus stimulus talks "in the press."“I woke up this morning and read @SpeakerPelosi ’s letter to me in the press,” Mnuchin said on Twitter. “Enclosed is my response. Her ALL OR NONE approach is hurting hard-working Americans who need help NOW!”> I woke up this morning and read @SpeakerPelosi’s letter to me in the pre
  
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• Why S&P 500’s ‘roller coaster’ Monday may bode well for stocks, according to Bespoke

  23-04-2024 19:14 via rocketnews.com
  U.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently has followed a market low, as the S&P 500 tries to recover from April’s slump, according to Bespoke Investment Group.
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  [mwai_chat context=”Let’s have a discussion about this article:nnU.S. stocks resembled a “roller coaster” on Monday with a pattern of swings that frequently has followed a market low, as the S&a
  
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• ‘Extraordinary’ U.S. government debt may mean prolonged bond-market volatility

  23-04-2024 18:56 via rocketnews.com
  Roughly $27.5 trillion of debt issued by the U.S. Treasury is in the hands of the public, more than twice as much as 10 years ago and over six times as much as 20 years ago. This fact may be one the biggest reasons why bond-market volatility has picked up, according to strategists and traders.
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  [mwai_chat context=”Let’s have a discussion about this article:nnRoughly $27.5 trillion of debt issued by the U.S. Treasury is in the hands of
  
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• Economic calendar for the week 29.04.2024 – 05.05.2024

  23-04-2024 18:53 via litefinance.org
  
  After the publication of data on inflation in the United States in mid-April, which indicated its acceleration, the dollar strengthened sharply and continues to maintain its position on the foreign exchange market. Macro data from the United States released last week did not impress them much, while the Fed officials are making moderately hawkish statements regarding the prospects for the monetary policy of the American Central Bank.Now, at the meeting on April 30 - May 1, the Fed leaders w
  
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• GM’s blowout earnings show ‘long-awaited turnaround appears to be under way’

  23-04-2024 14:55 via rocketnews.com
  In a letter to shareholders, Chief Executive Mary Barra said the car maker is seeing “good early sales momentum” for EVs such the Cadillac Lyriq as it benefits from “scale, material cost and mix improvements.”
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnIn a letter to shareholders, Chief Executive Mary Barra said the car maker is seeing “good early sales momentum” for EVs such t
  
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• Bitcoin can restore Swiss neutrality, says activist calling on central bank to invest in cryptocurrency

  23-04-2024 14:40 via rocketnews.com
  Crypto activist Yves Bennaïm is seeking 100,000 signatures to trigger a referendum that could amend Switzerland’s constitution and force the country’s central bank to invest in bitcoin
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  [mwai_chat context=”Let’s have a discussion about this article:nnCrypto activist Yves Bennaïm is seeking 100,000 signatures to trigger a referendum that could amend Switzerland’s constitution and force the country’s cen
  
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• Recruitment firm says North America, Northern Europe conditions softer than expected

  23-04-2024 14:22 via rocketnews.com
  Shares of recruitment firm Randstad fell as much as 7% as the company said it experienced softer than expected conditions in North America and Northern Europe and that tough conditions continued in April.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of recruitment firm Randstad fell as much as 7% as the company said it experienced softer than expected conditions in North America and Northern Europe and that
  
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• (DASH) Dash Price Prediction for 2024, 2025-2026 and Beyond

  23-04-2024 13:51 via litefinance.org
  
  Dash, a cryptocurrency that has captured the attention of investors across various crypto exchanges, has been on a fascinating journey since its inception. Originally named XCoin, Dash has set itself apart from other digital currencies through its innovative two-tier network architecture, which utilizes controller nodes to enable instant transactions. This unique feature has intrigued investors and sparked comparisons between Dash and other cryptocurrencies like Litecoin.As an avid follower of t
  
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• Gold departs from Fed policy and Treasury yields. Forecast as of 23.04.2024

  23-04-2024 11:55 via litefinance.org
  
  In 2024, gold broke down its ties to Fed monetary policy, robust US economic performance, and soaring US Treasury yields. What are the reasons behind this historic shift? Let's discuss it and make a trading plan.Monthly fundamental forecast for goldUnderstanding the past is necessary to predict the future correctly. Unfortunately, history offers no clues as to gold's fate. The precious metal has broken decades-long ties to the debt and currency markets, and the outflow of capital from ETFs amid
  
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• Short-term analysis for oil, gold, and EURUSD for 23.04.2024

  23-04-2024 09:12 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.The euro remains in a short-term downtrend.Oil price forecast for today: USCrude analysisYesterday, oil attempted to break through support (B) 82.06 - 81.57, but bulls managed to keep the price above this area. Today, it is possible to consider long trad
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 23.04.2024

  23-04-2024 08:53 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisBitcoin continues to form a corrective wave (4). It has a horizontal structure of a flat A-B-C. Two corrective sub-waves, A-B, have been completed as a zigzag and a triple zigzag, respectively. Bearish impulse sub-wave C is currently unfolding. Four parts within impulse C have
  
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• USD is about to fall. Forecast as of 23.04.2024

  23-04-2024 08:41 via litefinance.org
  
  Consolidation is a time to reflect on whether the key drivers of the EURUSD decline have disappeared. Or does the currency pair have room to fall? Let's discuss this topic and make up a trading plan.Weekly US dollar fundamental forecastThe head of the Bank of France, Francois Villeroy de Galhau, believes that the conflict in the Middle East will not change the ECB's determination to cut rates in June. However, de-escalation of geopolitical tensions could change the US dollar's plans. G
  
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• Smart ways to shop for used EVs, which now cost half as much as they did in 2022

  22-04-2024 20:53 via rocketnews.com
  Buying a car has been an expensive proposition in the last few years, but discounts on used electric vehicles have been a bright spot for the growing number of consumers considering going electric.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnBuying a car has been an expensive proposition in the last few years, but discounts on used electric vehicles have been a bright spot for the growing number of consumers consi
  
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• The IRS says it’s going after wealthy tax cheats. Here’s what new audit stats show.

  22-04-2024 14:35 via rocketnews.com
  After Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and corporations while avoiding extra scrutiny of middle-class households.
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  [mwai_chat context=”Let’s have a discussion about this article:nnAfter Congress approved billions of extra funding for tax compliance, the Internal Revenue Service pledged it would get tougher on rich taxpayers and co
  
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• Oil prices slip but remain above $86 a barrel as Middle East tensions suggest no imminent escalation

  22-04-2024 14:18 via rocketnews.com
  Oil prices retreated on Monday morning as concern eased that the geopolitical tensions in the Middle East would disrupt supply. Meanwhile, investors shifted their focus back to inflation and the prospect of the Fed’s interest-rate cuts this year.
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  [mwai_chat context=”Let’s have a discussion about this article:nnOil prices retreated on Monday morning as concern eased that the geopolitical tensions in the Middle East would disrupt
  
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• BoC to cut rates before Fed. Forecast as of 22.04.2024

  22-04-2024 12:03 via litefinance.org
  
  While Jerome Powell says that the Fed needs more time to beat inflation, his counterpart Tiff Macklem from BoC is satisfied with the progress. He does not rule out a cut in the overnight rate as early as June. Let's discuss this topic and make up a trading plan for USDCAD.Weekly Canadian dollar fundamental forecastThe financial markets can be full of surprises. In 2024, we observed a unique inverse correlation between the Canadian dollar and oil prices, a departure from the usual trend. Typ
  
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• Tencent shares soar on early release of hotly anticipated mobile game

  22-04-2024 10:53 via rocketnews.com
  Shares of Tencent Holdings Ltd. saw their biggest one-day gain in nearly a year on news the Chinese tech giant will release early a hotly anticipated mobile video game.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Tencent Holdings Ltd. saw their biggest one-day gain in nearly a year on news the Chinese tech giant will release early a hotly anticipated mobile video game.nnDiscussion:nn” ai_name=&rdqu
  
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• New version of MT4 mobile app released: Build 1419

  22-04-2024 09:55 via litefinance.org
  
  Dear Clietns,We are pleased to announce the release of the new MT4 mobile application update, build 1419. This version comes with significant improvements, addressing trading access errors and enhancing the platform's stability. We strongly recommend updating your MT4 mobile apps to the latest version.Android users should note that the updates may be delivered at a different time based on the region due to Google's policies. If Google Play features only the old build 1408 in your area, you can d
  
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• Short-term analysis for oil, gold, and EURUSD for 22.04.2024

  22-04-2024 09:50 via litefinance.org
  
  I welcome my fellow traders! I have made a price forecast for the USCrude, XAUUSD, and EURUSD using a combination of margin zones methodology and technical analysis. Based on the market analysis, I suggest entry signals for intraday traders.Gold falls within a short-term downtrend, testing 2353.Oil price forecast for today: USCrude analysisOil has broken through the key support of the short-term uptrend 82.06 - 81.57. If the price settles below the April 18 low, the trend will change to a d
  
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• Will euro return to parity? Forecast as of 22.04.2024

  22-04-2024 09:23 via litefinance.org
  
  Iran's reluctance to retaliate has inspired EURUSD bulls. However, is de-escalation of the geopolitical conflict in the Middle East enough for correction? Let's discuss the Forex outlook and make up a trading plan.Weekly Euro fundamental forecastThe de-escalation of the conflict in the Middle East has greatly helped the euro. The last time EURUSD plummeted to parity in 2022, Europe was experiencing an energy crisis, and the Israel-Iran war could have posed a huge problem for the oil and gas
  
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• Short-term analysis for BTCUSD, XRPUSD, and ETHUSD for 22.04.2024

  22-04-2024 08:32 via litefinance.org
  
  I welcome my readers!I have prepared a short-term cryptocurrency forecast based on the Elliott wave analysis of Bitcoin, Ripple, and Ethereum. I offer entry signals to trade each cryptocurrency.Elliott wave Bitcoin analysisBitcoin continues to form a corrective wave (4). It has a horizontal structure of a flat A-B-C. Two corrective sub-waves, A-B, have been completed as a zigzag and a triple zigzag, respectively. Bearish impulse sub-wave C is currently unfolding. Four parts within impulse C have
  
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• S&P 500 heads for worst month since 2022 as bond yields jump on inflation fears

  21-04-2024 18:01 via rocketnews.com
  The U.S. stock market’s bull run has hit a rough patch, as bond yields spiked this month on fears that a robust economy is helping to keep inflationary pressures alive.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. stock market’s bull run has hit a rough patch, as bond yields spiked this month on fears that a robust economy is helping to keep inflationary pressures alive.nnDiscussion:nn” a
  
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• House passes bill that could lead to U.S. TikTok ban, and Senate’s OK looks likely

  20-04-2024 20:03 via rocketnews.com
  The U.S. House of Representatives has voted in favor of a revised bill that could lead to a nationwide ban of TikTok, setting the measure up for a Senate vote before President Joe Biden can sign it into law.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnThe U.S. House of Representatives has voted in favor of a revised bill that could lead to a nationwide ban of TikTok, setting the measure up for a Senate vote before
  
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• Bitcoin’s price stable after fourth ‘halving’. Here’s what investors need to know.

  20-04-2024 03:44 via rocketnews.com
  Bitcoin’s latest “halving” — the fourth in the cryptocurrency’s history — is now complete. And while the token’s prices are off their highs from earlier in the day, there doesn’t seem to be much of a reaction — at least, not yet.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnBitcoin’s latest “halving” — the fourth in the cryptocurrency&rsq
  
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• P&G’s stock falls after a sales miss, as baby and health-care volumes declined

  19-04-2024 17:19 via rocketnews.com
  Shares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter sales that came up short of forecasts, amid weakness in the segment encompassing baby, feminine and family-care products.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter&
  
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• Cinemark poised to reap the benefits of a better box office, says Wedbush, raising price target and estimates

  19-04-2024 17:16 via rocketnews.com
  Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year’s Hollywood writers’ and actors’ strikes, according to analyst firm Wedbush.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnCinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year&rs
  
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• Trump Media’s ‘DJT’ stock rises again after plea to stop ‘naked’ short selling

  19-04-2024 17:06 via rocketnews.com
  Trump Media & Technology’s stock rallied Friday and was headed for a third straight gain after the parent company of Donald Trump’s social-media platform Truth Social asked regulators to look into potential illegal selling activity.
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  [mwai_chat context=”Let’s have a discussion about this article:nnTrump Media & Technology’s stock rallied Friday and was headed for a third straight gain after the parent company
  
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• P&G’s stock falls after sales miss, as baby and health-care volumes declined

  19-04-2024 14:41 via rocketnews.com
  Shares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter sales that came up short of forecasts, amid weakness in the segment encompassing baby, feminine and family-care products.
  Article Attribution | Read More at Article Source
  [mwai_chat context=”Let’s have a discussion about this article:nnShares of Procter & Gamble Co. slipped Friday, after the consumer packaged-goods company reported fiscal third-quarter&
  
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• XAUUSD: Elliott wave analysis and forecast for 19.04.24 – 26.04.24

  19-04-2024 14:00 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 2324.77 with a target of 2450.00 – 2500.00.Alternative scenario: breakout and consolidation below the level of 2324.77 will allow the pair to continue declining to the levels of 2154.83 – 2019.86.Analysis: a descending correction appears to have formed as the fourth wave (4) of larger degree on the daily chart. The fifth wave (5) is unfolding, with first wave 3 of (5) forming as its part. Apparently, the third
  
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• WTI Crude Oil: Elliott wave analysis and forecast for 19.04.24 – 26.04.24

  19-04-2024 13:30 via litefinance.org
  
  Main scenario: consider long positions from corrections above the level of 80.60 with a target of 94.00 – 100.00.Alternative scenario: breakout and consolidation below the level of 80.60 will allow the asset to continue declining to the levels of 76.50 – 71.00.Analysis: supposedly, a downward correction is completed as second wave of larger degree (2) on the daily chart. The ascending third wave (3) started forming, with wave 1 of (3) developing as its part. On the H4 time frame, the
  
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