Source: National Federation of Independent Business Small business confidence in the United States plunged to the lowest level in 11 months in January, dragged by staffing concerns and materials inflation. The Small Business Optimism Index stood at 97.1 in January, reflecting a 1.8 point decline. This is the lowest level since February 2021.The decline was on the back of … [Read more...] about Labor Shortage, Inflation Drag Small Business Sentiment to 11-Month Low
US Trade Deficit Jumps 1.8% in December to Close the Year at a Record-High
Source: Bureau of Economic Analysis The US trade deficit rose by 1.8% or $1.4 billion in December to $80.7 billion, with the shortfall fueled by a higher rise in imports. SPY is down -0.14%, DXY is up +0.19%. Imports rose 1.6% to $308.9 billion, higher than a 1.5% increase in exports, which tapped $228.1 billion in the last month of the year.The December deficit … [Read more...] about US Trade Deficit Jumps 1.8% in December to Close the Year at a Record-High
BTCUSD and ETHUSD After Cathie Wood Sentiments and KPMG Canada Investment
BTCUSD Powers through $43,000.ETHUSD turns bullish above $3,000.Cathie Wood touts Ethereum and Bitcoin.KPMG makes crypto investments. Bitcoin and Ethereum are on to a good start in the market, helped by a spike in risk-on trade. Bullish sentiments from the likes of Ark Investment CEO Cathie Wood and KPMG Canada also continue to support a bounce back after the recent deep … [Read more...] about BTCUSD and ETHUSD After Cathie Wood Sentiments and KPMG Canada Investment
Sentiment in Forex: The Most Overlooked Type of Market Analysis
Virtually all traders first introduced to the world of forex learn about technical and fundamental analysis. It’s fair to conclude that the former sets the prices to enter, while the latter is believed to move those prices. Traders generally use these two methodologies when trading the markets and look for scenarios where both are in harmony. Yet, even if you spot a … [Read more...] about Sentiment in Forex: The Most Overlooked Type of Market Analysis
UK House Prices Soar to Hit New Record of £276,759 in January
Source: Halifax British house prices have surged to record highs last month, but the cost of living squeeze signals a possible slowdown this year. FTSE 100 up +0.31%, GBP USD down -0.13% In January, the average UK house price expanded to a new record high of £276,759. That figure is nearly £24,500 higher than the same period last year and £37,500 higher than two years ago … [Read more...] about UK House Prices Soar to Hit New Record of £276,759 in January
