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The gloomy start to the year for China continues with today’s reversal
US-listed China ETFs are struggling today, erasing earlier gains. There was some optimism on the report about Trump softening tariffs but the President-elect later denied that report and China is back in the doldrums. The MCHI ETF is now 2% lower and at the worst levels since late…
Read MoreEURUSD confined in a narrow range after sharp run higher stalls. What next for the pair?
The EURUSD moved sharply higher earlier today helped by the Washington Post article on the Trump tariffs. The news was more dovish and less inflationary and the USD and yields moved lower. For the EURUSD the pair extended above the 100 hour MA (at 1.03403), 200 hour MA…
Read MoreWTI crude oil rejects $75 in a reversal
The week started strong for the oil market on global growth hopes after the WaPo report downplayed Trump’s tariff ambitions. But crude ran into sellers right at the $75.00 level and then Trump denied the report. That meant that $74.99 marked the high for the day for oil…
Read MoreUS equities lose altitude after a strong start
There has been a round trip in a number of risk assets on the Trump tariff story and the subsequent denial. Stock markets have largely held up but that could be changing as we enter the latter parts of the day. The S&P 500 is up 33 points…
Read MoreWhy Binance Employees Are Remote-First
Five years after COVID-19 sparked a global remote-work revolution, the pendulum seems to be swinging back. Some of the very companies that once embraced remote work, like Amazon and X (formerly Twitter) are now asking employees to return to the office. For many, this makes sense. These organizations…
Read More2 Magnificent Stocks That I’m “Never” Selling
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Read MoreBest Point of Sale Systems for Small Businesses
A point-of-sale system is one of the best tools for small businesses looking to accept payments. Point-of-sale systems enable business owners to be more agile with their payment processing and forego using the cash drawer. The best POS system allows you to accept multiple types of payments and…
Read MoreHow to Make Money on Teachers Pay Teachers
Educational platforms have surged in popularity in the digital age, becoming a vital tool for educators worldwide. Teachers Pay Teachers stands out among these platforms, offering educators a dual benefit. It’s a hub to source quality teaching resources and a lucrative avenue to monetize their expertise. As educators seek…
Read MoreGaranti BBVA’s to Provide Crypto Trading Services in Hint of Things to Come
Spanish banking giant Banco Bilbao Vizcaya Argentaria (BBVA) is deepening its foray into the crypto ecosystem. Garanti BBVA Kripto, a crypto custody platform operated by Garanti BBVA — Turkey’s fifth largest bank, which as of December 2023 was almost 86% owned by BBVA — will soon be providing…
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