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Month: September 2024

Cryptocurrencies

US initial jobless claims fall to 218k, vs exp 226k

US initial jobless claims fell -4k to 218k in the week ending September 21, below expectation of 226k. Four-week moving average of initial claims fell -3.5k to 225k. Continuing claims rose 13k to 1834k in Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

US durable goods orders flat in Aug ex-transport rises 0.5% mom

US durable goods orders rose 0.0% mom to USD 289.7B in August, much better than expectation of -2.8% mom decline. Ex-transport orders rose 0.5% mom to USD 188.5B, above expectation of 0.1% mom. Ex-defense orders Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

Silver on the Verge of a Major Bullish Trend Reversal

Silver bulls roar back; make efforts to resume long-term uptrend above 32.49 Price hovers near overbought zone; trend signals remain encouraging above 31.50 Silver made a comeback on Thursday after a temporary pause, with scope Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

USDJPY Flirts With Short-Term Diagonal Line

USDJPY tries to surpass the 23.6% Fibonacci MACD and RSI gain momentum USDJPY is challenging the 23.6% Fibonacci retracement level of the down leg from 161.94 to 139.56 at 144.80, as well as the very Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

Swiss Franc Edges Lower After Swiss Central Bank Cuts Rates

The Swiss franc is showing limited movement on Thursday. USD/CHF is trading at 0.8483, down 0.24% on the day. In the US, it’s a busy day with US GDP, unemployment claims and durable goods orders. Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

SNB Failed to Surprise With Rate Cut and Unlikely to Weaken Franc

The Swiss National Bank met expectations by cutting its key interest rate by 0.25 percentage points to 1.0%, slowing the pace of the move to normalisation after two cuts of 0.50 percentage points each in Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

S-corp taxes: An introductory guide

Key takeaways S corporations offer the tax benefits of pass-through entities like partnerships and sole proprietorships. This means the business itself generally doesn’t pay income taxes. Instead, profits and losses pass through to shareholders’ personal Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

Natural Gas Price Hits 3-Month High

According to today’s XNG/USD chart, the price of natural gas: → has risen by approximately 30% since the beginning of September; → is currently around the 2.95 level – the last time the price was Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

Las Vegas Strip casino signs 1980s superstar singer to residency

The Las Vegas Strip offers a variety of performance options to entertain its guests. The Strip is known for its music residencies, featuring some of the biggest performers in the business, but it also has Read more…

By , 1 year ago September 26, 2024
Cryptocurrencies

Analysts race to overhaul Micron stock price targets after earnings

Micron Technology shares surged in early Thursday trading, putting the stock on pace for its highest level in two months, after the chipmaker posted stronger-than-expected fourth quarter earnings and a robust outlook that added support Read more…

By , 1 year ago September 26, 2024

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