Chris joins Jim Goddard on Howestreet.com to discuss the latest moves in the markets and commodities. Bitcoin remains under pressure having just broken below $30,000. If it does not find support and drops to $16,000 or even $10,000, it would be the seventh time this ‘Boom and Bust’ cycle has happened since 2010. Crude oil and natural gas are on the upside. As economies begin to loosen restrictions and people gain more comfort and confidence in venturing beyond their own homes and cities, the retail, transportation, and traveling sectors are showing signs of recovery. Listen to the PodCast to learn more.
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- The British index has updated the historical maximum. Oil lost 5% over the week May 3, 2024
- US Fed tilts towards a rate cut despite the postponement. HKMA left the rate unchanged at 5.75% May 2, 2024
- Brent crude oil hits seven-week low May 2, 2024
- Target Thursdays: USDJPY, Copper & EURCAD May 2, 2024
- WTI oil declines on rising inventories and negotiations between Israel and Hamas. Rising unemployment in New Zealand may force RBNZ to start cutting rates earlier May 1, 2024
- Bitcoin stumbles below $60k ahead of Fed May 1, 2024
- Expert Says Now Looks Like a Good Time To Buy This Renewable Energy Stock Apr 30, 2024
- Optimism over corporate earnings is fueling stock indices. The Hong Kong index reached a 5-month high Apr 30, 2024
- FXTM’s Copper: Hits fresh two-year high! Apr 30, 2024
- European indices grow on the ECB’s “dovish” position. Quarterly reports of mega-companies support the broad market Apr 29, 2024