The Federal Reserve recently made the decision to keep interest rates steady, opting not to cut rates amidst growing concerns over inflation. The central bank kept its benchmark short-term borrowing rate within a targeted range of 5.25%-5%, a level that has been in place since July 2023. This decision was widely anticipated as the Fed
The financial stability of small and regional banks in the United States is currently under scrutiny as many of them are facing significant stress. According to Christopher Wolfe, managing director at Fitch Ratings, there is a genuine concern that some of these banks may either fail or struggle to meet their minimum capital requirements. This
In the world of finance, it is crucial to recognize the importance of performing due diligence before making any investment decisions. The content provided on various websites, including news, personal analysis, and opinions, should be viewed as educational and research material only. It is not advisable to rely solely on this information when it comes
Transform your passion for music into a steady stream of online revenue. Learn how to create and sell your own original tracks and connect with a vast audience. Explore different platforms, equipment, and pricing strategies to maximize your earnings.
The Elliott Wave charts of Oil have been carefully analyzed in the members’ area of the website. The analysis indicates bullish sequences in the cycle from the 67.75 low, suggesting a favorable outlook for the long side. Traders are recommended to consider buying the dips in 3, 7, 11 swings when given the opportunity. However,
From Garage to Paycheck: Learn how to make money online with your music tracks. Get expert advice and proven strategies to boost your music career.
Gold prices have been trending lower in the short-term, approaching oversold territory. The bears in the market have been in control recently, pushing the price below key support levels like the resistance-turned-support trendline. The RSI and stochastic oscillator are showing signs of stabilization near previous lows, indicating that excessive bearish action may lead to a
U.S. stock index futures witnessed a decline on Wednesday due to disappointing results from chip stocks such as Advanced Micro Devices (AMD) and Super Micro Computer (SMCI). The AI chip sales forecast from AMD fell short of investor expectations, leading to a 6.3% drop in premarket trading. Similarly, SMCI reported third-quarter revenue below estimates, causing
The technical blog discussed the past performance of the 1-hour Elliott Wave Charts of Nikkei. It highlighted the rally from the 08 March 2022 low, which unfolded as an impulse structure, indicating a bullish sequence. The article suggested that the index should see further upside extension to complete the impulse sequence, advising members not to
Australia’s banking sector is facing challenges that could lead to weaker first-half profits for the country’s biggest banks. Operating costs and competition for mortgage and deposit sales are putting pressure on margins, potentially reversing the stock rally that has propelled the sector in recent years. Traditionally, rising interest rates have benefited Australia’s largest banks. However,
Discover the various revenue streams for fashion bloggers, from affiliate marketing to brand partnerships. Learn how to monetize your passion for fashion and turn it into a profitable venture.
The unexpected rise in Crude oil stockpiles in the United States has caused Western Texas Intermediate (WTI), the US crude oil benchmark, to trade in negative territory for the fourth consecutive day near $80.80. This increase in inventories has put downward pressure on WTI prices, with traders reacting to the 4.906 million barrel build compared