May 18 2023 🕓 5 min
Are we in a recession? The answer may surprise you
People may panic when the times are bad, but things like a long-term strategy and cash on hand can prevent people from behaving irrationally.
Market Movers
May 12 2023
NZD weakens on all fronts
The New Zealand dollar (NZD) fell on all fronts on Friday. NZD/USD is down 1.4% and NZD/JPY dropped 1.2%, while GBP/NZD is up 1.3%.
May 12 2023
Inflation levels update
The annual inflation rate in India dropped from 5.6% in March to 4.7% in April. Brazil’s inflation fell from 4.6% to 4.1%. However, inflation in Spain accelerated from 3.3% to 4.1%, and France’s inflation jumped from 5.7% to 5.9%.
May 12 2023
Mark Cuban praises AI
The potential of AI, according to Mark Cuban, is “beyond anything I’ve ever seen,” and he compared ChatGPT to the early days of the internet. Cuban has a straightforward piece of advice for businesses: join the AI race or perish. Cuban stated, “There are two types of companies in the world: those who are great at AI and everyone else.”
April 25 2023 🕓 5 min
BRICS is expanding – 19 countries are eager to join the “new G7”
Since the BRICS has become more influential and hopes to compete with the US dollar, many countries have expressed interest in joining the group.
April 24 2023 🕓 3 min
The earnings season continues with big tech next in line
Markets are quite volatile during earnings season, however, the main stock indices closed flat. Next in the crosshairs is big tech.
April 21 2023 🕓 5 min
Stocks turned red for the week after more than a month of gains
The week is headed to a red close as the first quarter earnings deliver mixed results. Stocks are in the red after more than a month of gains.
April 20 2023 🕓 3 min
Fresh recession fears and Fed hike worries make for a red day
Fed officials expressed, again, that the central bank has still much work to battle inflation, however, the peak rate seems to be close.
April 19 2023 🕓 3 min
Stocks end flat as earnings season hightens volatility
Mixed Q1 results resulted in a flat day for the stocks. The dollar pulled in some gains, despite the sterling increasing.
April 18 2023 🕓 4 min
Tuesday on Wall Street meets a flat end
Tuesday has been marked by not only Q1 results from bank giants but also positive reports from China. The market reacted with zero change.
April 14 2023 🕓 3 min
The week closed with Fed fears and mixed results
Fed fears sparked after officials remarked rate cuts are not to be expected any time soon. The dollar finally rebounded.
April 13 2023 🕓 4 min
Wall Street bounces back towards the week end
Inflation, PPI, recession fears. These are the most used terms on Thursday as stocks bounce and the US dollar hits new lows.
April 12 2023 🕓 3 min
Wall Street suffers a blow after inflation data
The inflation data didn't help the stocks on Wednesday, as the main indices are watching oil and precious metals shoot up.
April 11 2023 🕓 3 min
The next inflation data is coming – will Fed hike?
Traders remain cautious ahead of new inflation data. Oil pumps for the first time since the big OPEC rally.
April 8 2023 🕓 8 min
Fed´s balance sheet exploded – is it the start of the QE´s era?
We provide a detailed breakdown of the tools used by the Fed to boost its balance sheet in this analysis. Can the recent steps of Fed be considered a QE?
April 5 2023 🕓 4 min
The market slips lower as focus shifts to incoming data
The US dollar finally rebounded, edging higher as a retreat in technologies pull the market lower.