Category Finance

More geopolitics from Israel officials who say: France and the US are working on cease-fire proposals, but no significant progress has been made so far. This article was written by Greg Michalowski at www.forexlive.com.

Hurricane Helene has strengthened into a hurricane and is projected to make landfall along Florida’s Gulf Coast late Thursday as a major Category 3 storm. With maximum sustained winds expected to exceed 111 mph, Florida has declared a state of emergency and initiated evacuations in low-lying areas. Governor…

Shares of Nvidia rose 4% yesterday and are up another 3% today in a market that’s otherwise flat. Is that a tell? Here are three very simple reasons that I think it is: 1) ChatGPT voice advanced was released today I’ve been using ChatGPT voice for awhile and…

The EURUSD is moving lower as London/European traders look toward the exits. After running above the 1.1200 level in the early US session and extending to new highs for 2024 in the process, the price has shifted to the downside over the last three hours of trading. Swing…

The major European indices are closing the day lower. The declines were led by France’s CAC which fell -0.50%: German DAX, -0.39%France’s CAC, -0.50%UK’s FTSE 100 -0.17%Spain’s Ibex, -0.38%Italy’s FTSE MIB -0.12% As London/European traders head for the exit, US equities are mixed with the Dow and S&P…

Many interested entrepreneurs dream of setting up their own franchise. That’s because it’s a highly lucrative avenue – one that lets them leverage an existing brand’s equity to win. But the challenges of running successful franchise businesses often take the majority of them by surprise. Do Franchise Owners…

The weekly oil inventories it will be released at the bottom of the hour. The estimates are showing: Crude oil, -1.354M estGasoline, -0.021M estDistillates, -1.637M est. The private API data late yesterday showed larger than expected drawdowns: The price of WTI crude oil is trading down $1.10 and…

Crude oil inventories -4.471M vs -1.354M estimate. Gasoline inventories -1.538M vs -0.021M estimateDistillates inventories -2.227M vs -1.637M estimateCushing +0.116M vs last week -1.979M ALthough the inventory data is showing a larger drawdown, the private API data yesterday was a precursor to today’s results. The API estimated inventories of…

The USDCAD moved sharply lower this week despite comments from Bank of Canada’s Macklin yesterday that the central bank had made progress on inflation and that it was reasonable given the continued progress in reducing inflation for further rate cuts. Nevertheless, Macklem did emphasize that future rate cuts…

Israelis Army chief has told troops that Israel has been striking all day to both prepare the ground for possible entry, and to continue to degrade Hezbollah. Meanwhile in any separate report, the is leading efforts to end hostilities in Gaza and Lebanon: Deal would include hostage release…