When asked for assurance that he will not use military or economic coercion as he tries to get control over Greenland, President-elect Trump said he cannot assure of either of these two. Adds: Needs Greenland for protection purposes He would consider Tariffs on Denmark over Greenland He has…
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Read MoreThe AUDUSD bottomed for 2024 on the very last day of the trading year (which is unique). The price bounced higher off that low and in doing so was able to extend above a swing area off the daily chart between 0.6269 to 0.6282. See the red numbered…
Read MoreToday will be a big test of real-money demand for 10-year US notes. The Treasury will sell $39 billion in a new issuance at 1 pm ET with the results minutes later. Yields are higher by 8.1 bps today to 4.69%, which is the highest since April. A…
Read MoreTrump says they will be changing the name of the Gulf of Mexico to the Gulf of America. He also said he told Wayne Gretzky to run for the Prime Minister of Canada. “We’re gonna try and have a policy where no windmills are being built.” We will…
Read MoreCrypto markets stumbled with bitcoin (BTC) losing the $100,000 level on Tuesday U.S. morning as two stronger-than-expected U.S. economic data prints threw cold water on digital assets’ bright early-year momentum. The Bureau of Labor Statistics’ JOLTS job openings for November unexpectedly rose to 8.1 million from 7.8 million…
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Read MoreSince the November 5 election of Donald Trump to the U.S. presidency, bitcoin (BTC) is up around 47%, sharply outperforming the S&P 500’s 4% advance. The incoming president, of course, has made clear his friendliness towards bitcoin and crypto. Also worth consideration is the Republican sweep of the…
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