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Financial

Starbucks Considers Stake Sale In China: What It Means For SBUX Stock

November 22, 2024 - by - Leave a Comment

 Image Source:    Starbucks may sell a stake in China to local investors amid slumping sales. China accounts for 9% of Starbucks revenue but faces fierce competition. SBUX stock gains …

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Financial

Trump Victory Sends BTC Soaring; Anti-Crypto SEC Chairman Set To Resign

November 22, 2024 - by - Leave a Comment

Image Source:   SEC Chairman Gary Gensler announced Thursday he will  on January 20, 2025, coinciding with President-elect . The departure of the Securities and Exchange Commission’s 33rd chairman comes amid rising cryptocurrency …

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Financial

“Trumpflation” Risks Likely Overstated

November 22, 2024 - by - Leave a Comment

With the re-election of President Donald Trump, the worries about tariffs and pro-business policies sparked concerns of “Trumpflation.” Inflation has been a top concern for policymakers, businesses, and everyday consumers, especially …

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Financial

Brent Prices Surge Amid Geopolitical Tensions

November 22, 2024 - by - Leave a Comment

Brent crude trades above $74 a barrel Heightened risk premium amid geopolitical escalation OPEC+ meeting on December 1 to reassess production Sluggish demand from China complicates outlook Technical indicators show mixed short and long-term trends …

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Financial

Bitcoin Price Is Approaching 100,000

November 22, 2024 - by - Leave a Comment

Image Source:   At Thursday’s close, the Dow Jones Industrial Average (US30) was up 1.06%. The S&P 500 Index (US500) closed positive 0.53%. The Nasdaq Technology Index (US100) was up 0.36%.The …

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Financial

Visa Inc. Stocks Elliott Wave Technical Analysis – Friday, November 22

November 22, 2024 - by - Leave a Comment

V Elliott Wave Analysis Trading LoungeVisa Inc., () Daily ChartV Elliott Wave Technical AnalysisFUNCTION: TrendMODE: ImpulsiveSTRUCTURE: MotivePOSITION: Wave {iv} of 5.DIRECTION: Upside in wave {v} in 5.DETAILS: Looking for consolidation in wave {iv} …

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Financial

AUD/USD Bounces Back To Near 0.6500 As USD Gives Up Majority Of Gains

November 22, 2024 - by - Leave a Comment

 recovers more than half of its intraday losses and rebounds to near the psychological figure of 0.6500 in Friday’s European session. The Aussie pair bounces back as the US Dollar …

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Financial

Daily Market Outlook – Friday, Nov. 22

November 22, 2024 - by - Leave a Comment

Image Source:   Russia lowered its threshold for using nuclear weapons and fired a hypersonic ballistic missile at Ukraine, sending gold on its way to its biggest weekly gain in almost …

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Financial

USD/JPY Awaits Potential Stimulus Impact

November 22, 2024 - by - Leave a Comment

Image Source:   The USD/JPY pair remains stable at approximately 154.30 amid global economic fluctuations and expectations of potential Japanese stimulus measures.Japan’s latest inflation data for October revealed a decline to …

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Financial

XRP Price 25% Rally: Breaking Barriers And Surpassing Odds

November 22, 2024 - by - Leave a Comment

XRP price rallied above the $1.15 and $1.20 resistance levels. The price is up over 25% and might rise further above the $1.420 resistance. XRP price started a fresh surge …

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