June 2023 Sees US Trade Deficit Shrink as Imports Fall
In June 2023, the U.S. trade deficit narrowed as imports fell more than exports, reducing the goods deficit by $2.8...
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Eli Lilly Stock: One Chart Explains the Mega-Rally
Eli Lilly (LLY) shares have jumped 24% in 2023. This uptrend is being powered by mega appetite for the stock.
Read moreDetailsAMD Stock: One Chart Explains the Mega-Rally
Advanced Micro Devices (AMD) shares have jumped 80% in 2023. This uptrend is being powered by mega appetite for the...
Read moreDetailsNatural Gas Forecast: Futures Approaching June Peak Amid Rising Demand
US natural gas futures are approaching their June 26 high, with August 13-20 warmth forecasts indicating a tightening supply-demand balance.
Read moreDetailsNASDAQ 100, Dow Jones, S&P 500: Weak as Moody’s Sounds Alarm on Banks
S&P 500 lower after Moody’s downgrades as banks face heightened challenges, with a potential 2024 U.S. recession threatening asset quality.
Read moreDetailsCrypto Growth is Too Weak
Bitcoin closed slightly higher on the last three daily candles but barely above the $29.2K level.
Read moreDetailsUSD to CAD Price Forecast: Boosted by Chinese Trade Worries, Rising US Yields
USD to CAD strong as rising US Treasury yields hint at upcoming Fed hikes.
Read moreDetailsETH Bulls to Target $1,900 on PayPal USD Launch on Ethereum
ETH saw red on Monday. However, it was a bullish start to the session. Breaking resistance at $1,850 would be...
Read moreDetailsSilver Price Forecast: XAG Traders Battle Dollar Strength, CPI Concerns
Rising US dollar boosts silver (XAG) costs for global buyers; potentially elevated US CPI data stokes rate hike concerns among...
Read moreDetailsGold Price Forecast: Resurgent Dollar, US Inflation Fears Dampen XAU’s Shine
Gold’s (XAU) dip correlates to the dollar’s rise, US inflation anticipation, and potential Fed rate hikes, hinting at a bearish...
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