Image Source: DepositPhotosWednesday saw a back-and-forth session for traders grappling with the challenge of rising US yields amid encouraging earnings reports. However, late-hours trading witnessed ...
The AUD/JPY market showcases an increasingly bullish trend. The cross stabilized at 100.89 on Wednesday, after rallying to a high at 101.12, its highest since 2014. The general market interest leans t...
The GBP/JPY broke into a fresh nine-year high above 193.60 on Wednesday as the Pound Sterling (GBP) sees recovery bidding and the Japanese Yen (JPY) continues to weaken despite increasingly interventi...
Oil prices rebounded yesterday from signs that the geopolitical tension may not have eased as much as previously believed. After the close we saw the American Petroleum Institute (API) report that pet...
CottonGeneral Comments: Cotton was mostly lower yesterday although May closed a little higher on short covering before the deliveries start. Demand remains a problem. The export sales report showed po...
Image Source: Pixabay Yesterday the gold price had a bad day, falling by more than 2%. Is this indicative of things to come? We don’t think so. Whilst we may well see some additional pullback, we d...
Bonds issued by companies with a credit rating of BB or lower by S&P or Fitch, or Ba or lower by Moody’s, are considered junk bonds.Junk bonds, or high-yield bonds because the interest paym...
My obsession with the Dow Utilities is starting to wane swiftly. As anyone reading Slope for more than a few days knows, I was mesmerized by the huge diamond pattern in $UTIL. The pattern is still the...
Photo by Fabian Blank on Unsplash The monthly money supply numbers are out. I have bad news and good news.The bad news is that the contraction in the money supply appears to be over. That’s not b...
Image Source: Pixabay What is Nvidia (NVDA)? If you’re a committed gamer the question may sound like nonsense. Nvidia, which was founded in 1993, is a tech company that makes GPUs and other p...