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Month: July 2022

Cryptocurrencies

Cannabis News Week: Tilray’s Quarter, Brittney Griner Swap

The U.S. is proposing to trade a convicted Russian arms dealer for Griner and a Marine that has been in custody since 2018. Tilray  (TLRY) – Get Tilray Brands Inc. Report may have had mixed results Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

Week Ahead – Bruised Dollar Looks to NFP Report; BoE Could Speed up Rate Hikes

The coming week is shaping up to be another crucial one for gauging recession risks and monetary policy paths. It’s NFP week in the United States and the RBA and Bank of England will decide Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

RBA Preview and What Next for AUDUSD

Next Tuesday, the RBA meets again and is widely expected to raise the cash rate. Once again, the main question will be by how much. RBA communique in mid-July brought a new hawkish element to Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

Fed Might Go Easy as US Economy Contracts

GBP/USD recovers as BoE to hike by 50bp Sterling bounces higher as the Bank of England may deliver its first half-point hike since 1997. The UK’s inflation surged to a 40-year high at 9.4% band Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

Tesla Makes More Money Than GM and Ford

The maker of premium electric vehicles confirms that it has become the most profitable American automotive group. Tesla  (TSLA) – Get Tesla Inc. Report is further tightening its grip on the U.S. auto sector.  The list Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

Inflation, GDP Above Expectation Uninspiring for Euro Buyers

Inflation in the eurozone continues to speed up. Preliminary data for July showed a price increase of 8.9% against 8.6% a month earlier and the expected 8.7%. The core price index (which excludes energy and Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

How is a Slowdown in US Economy a Good Thing?

The bad news is that the US economy slowed for the second consecutive quarter in 2022, entering a technical recession. That’s two consecutive quarters of gross domestic product (GDP) contraction. However, the good news is Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

Sunset Market Commentary

Markets European (GDP) data are seldom determining drivers for markets. However, today’s data mix with the first estimate of EMU Q2 growth and the preliminary EMU CPI at least provided an interesting challenge after the Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

The ‘Kroger Index’ Reveals Anxious American Shoppers

While the elite downplay talk of a recession, the public are counting coupons. You can tell a lot about the mood of the Great American Consumer simply by tracking the Kroger  (KR) – Get Kroger Read more…

By , 3 years ago July 29, 2022
Cryptocurrencies

Disney Offers a Peek at What’s Next for Disney World, Disneyland

The theme park giant has been making major additions to its park and more is yet to come as its battle with Universal Studios heats up. Walt Disney (DIS) – Get The Walt Disney Company Read more…

By , 3 years ago July 29, 2022

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