According to MNI, the Reserve Bank of Australia (RBA) believes that “accumulated savings, a tight jobs market and spending cuts will make higher interest rates manageable for most homeowners.” This comes as AUD400 billion of fixed-rate mortgages mature in 2023 and home prices are set to add to eight straight months of declines. Citing sources
0 Comments
Get instant access at https://luxalgo.com Join our community at https://discord.gg/lux 50+ free indicators coded by us: https://www.tradingview.com/u/LuxAlgo/#published-scripts All of the content on our channel is for educational purposes only. No data, content, or information provided by Lux Algo, the Site, or the other products and services of Lux Algo, is intended, and shall not constitute
0 Comments
According to a recent report by Hash Rate Index, publicly-listed Bitcoin (BTC) miners took on more than $4 billion worth of debt during the run-up to the crypto bull market. Mesmerized by rising prices, industry rushed hand over fist to purchase Bitcoin application-specific integrated circuits miners on easy credit.  However, in today’s context of Bitcoin
0 Comments
New Delhi: Gold price in the national capital jumped Rs 506 to Rs 55,940 per 10 grams on Tuesday amid a rally in prices of the precious metal internationally, according to Securities. The yellow metal had touched Rs 55,434 per 10 grams in the previous trade. Silver also zoomed to Rs 1,374 to Rs 71,224
0 Comments
Dollar rises broadly in the early part of European session for now apparent reason. Risk sentiment is so far positive with rallies in major European indexes and US futures. US benchmark yield is actually falling. There is also no follow through buying in the greenback after lower than expected Germany inflation reading. Sustainability of Dollar’s
0 Comments
AUD/USD drops below 0.6800 toward the 20-day EMA at 0.6736. The US Dollar remains bid, irrespective of falling US bond yields, after the release of weak PMIs. Weak Chinese economic data dampened the prospects of the Australian Dollar. AUD/USD Price Analysis: Likely to remain range-bound in the 0.66/0.68 200 pip range. The Australian Dollar (AUD)
0 Comments
UPCOMING EVENTS: Wednesday: US ISM Manufacturing PMI, FOMC Minutes. Friday: US NFP, US ISM Services PMI. Welcome to 2023 everyone! If 2022 was a nice year in terms of trading opportunities, this year is going to be even better, so get ready. Let’s first start from where we left and continue from there… Inflation is
0 Comments
Technical analysis of Bitcoin evaluates the crypto king by assessing previous prices and volume. Technical analysts don’t analyze a security’s inherent worth, but instead utilize charts and other tools to uncover trends. Technical analysis also uses patterns to predict future price changes. These patterns may be bullish, bearish, or neutral, indicating a price increase, decrease,
0 Comments
China Beige Book International (CBBI) adapts methodology used by the U.S. Federal Reserve’s “Beige Book” its a quarterly report using quantitative & qualitative data to track conditions within the Chinese economy — The firm’s latest China Beige Book shows that China’s manufacturing, services, and real estate sectors all experienced significant declines in Q4 2022, citing
0 Comments
On Dec. 29, 2022, days before the year’s end, Italy’s Senate approved its budget for 2023, which included an increase in taxation for crypto investors — a 26% tax on capital gains on crypto-asset trading over 2,000 euros (approximately $2,13 at time of publication). The approved legislation defines crypto assets as “a digital representation of value
0 Comments
Gold prices rose Rs 154 to Rs 55,397 per 10 grams in the national capital on Monday amid a rise in prices of the precious metal internationally, according to Securities. The yellow metal had ended at Rs 55,243 per 10 grams in the previous trade. Silver, however, declined Rs 17 to Rs 69,831 per kilogram.
0 Comments
Mattel, Inc. (MAT), a children’s entertainment company, designs & produces toys & consumer products worldwide. The company operates through North America, International & American Girl segments. It is based in El Segundo, CA, comes under Consumer Cyclical sector & trades as “MAT” ticket at Nasdaq. In the previous article, MAT expected to extend lower in ((C))
0 Comments