Month: November 2024

For the first time in history, Ukraine just used long-range US missiles to strike INSIDE Russian territory. As a result, markets globally are moving sharply after a clear escalation of war.

As a result, gold prices are surging AGAIN today as gold continues to serve as the global hedge. Now up nearly $100 from their low last week, gold is rising even with a stronger US Dollar. Goldman Sachs just said they see gold rising above $3000 in 2025. Volatility is rising. submitted by /u/XGramatik [link] [comments]

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NVDA – Truist Securities’ analyst William Stein has increased the price target for NVIDIA to $167 from $148, with a Buy rating. Stein anticipates:

NVIDIA will surpass Q3 expectations and provide strong Q4 guidance. The company will address technical issues with the GB200 NVL72 configuration. NVIDIA will affirm a strong outlook for 2025 due to a solid order backlog, and discuss new growth avenues beyond large language models. Raised EPS estimate for CY25 to $4.18 from $3.69, leading to the price target adjustment. submitted by /u/XGramatik [link] [comments]

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Biden’s team is rushing to tackle some big-ticket plans before leaving office.

Here’s what’s just done or in motion: Authorization for Ukraine to strike deeper into Russia with U.S.-supplied missiles. A ceasefire deal between Israel and Hezbollah – there might be news today already. The Office of Management and Budget is requesting roughly $100 billion for more than a dozen federal agencies to help with natural disaster recovery. Getting infrastructure spending out the door – over $3.4 billion in grants announced for projects designed to improve passenger rail service, help U.S. ports, reduce highway deaths and support domestic manufacturing of sustainable transportation materials. Speeding up environmental goals – grants and project approvals. Student loan forgiveness – the Education Department has been hurrying to finalize a new federal rule that would cancel student loans for people who face financial hardship. Racing to deliver billions of dollars of promised chip manufacturing grants to Intel and others to complete a significant portion of a favored program of President Biden. Getting Senate confirmation of as many federal judges as possible before Trump’s inauguration on Jan. 20. Top antitrust officials plan to take more shots at the tech industry: Google, Hewlett Packard Enterprise, Microsoft are under fire. So, that’s what they’re up to. What about you? Planning to finally push yourself to pay off that overdue bill before Christmas?😏 submitted by /u/FXgram_ [link] [comments]

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PRICE OF THE BRITISH POUND TODAY The table below shows the percentage change of the British Pound (GBP) against the major currencies listed to date. The British pound was the weakest against the Japanese yen.

Bloomberg: Bank of England (BoE) policymaker Alan Taylor testifies on the November Monetary Policy Report (MPR) before the UK Parliament’s Treasury Select Committee (TSC) on Tuesday. Key quotes Disinflation is unfolding as we would expect. Wide range of possibility for boe rate cuts, depends on how data unfolds. Labour market data key for my view on rate cuts. ‘Gradual’ rate cuts is closely aligned to market curve currently, about 100 bps over next year. That is not necessarily what will unfold, depending on economic conditions. UK gilt yields have gone up mainly because of global factors. The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the British Pound from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent GBP (base)/USD (quote). submitted by /u/Denchock [link] [comments]

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US BANKRUPTCIES HIT THE HIGHEST LEVEL IN 14 YEARS

US large bankruptcies hit 570 year-to-date, the most since since 2010, a year after the Financial Crisis. In October, September and August 60, 59 and 63 filings were recorded, respectively. Bankruptcies are at crisis levels submitted by /u/glira31 [link] [comments]

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While Apple developers are silent, I have only one question: does anyone else hear voices?

Last night I heard voices for about a minute. Not from the basement, not from the next room – they were coming straight from the speaker of my iPhone 15 Pro Max. At the same time, all the apps were closed, tabs, and the screen was dark. It turned out that I’m not the only one. iPhone owners are complaining that strange voices are coming from the speakers. There are many hypotheses – from a YouTube bug on iOS 18 to conspiracy theories about intelligence interns who forgot to turn off the microphone. https://preview.redd.it/bj9mz1cglt1e1.jpg?width=1280&format=pjpg&auto=webp&s=cb46f013d12c641a7750cb094679958d40dc0ded Meanwhile, Apple’s doing their best impression of a mysterious silence – probably plotting a keynote to sell us a fix… submitted by /u/FXgram_ [link] [comments]

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💹 DXY: Intraday Consolidation from OCBC US dollar (USD) bulls are showing signs of fatigue. Despite the positive data from the US published on Friday, this did not contribute to further growth of the dollar.

💹 DXY: Intraday Consolidation from OCBC US dollar (USD) bulls are showing signs of fatigue. Despite the positive data from the US published on Friday, this did not contribute to further growth of the dollar. ⚖️ As noted by OCBC currency analysts Francis Cheung and Christopher Wong, at the time of writing, DXY was at 106.52. submitted by /u/Yuriy_UK [link] [comments]

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Years?

submitted by /u/Aftermebuddy [link] [comments]

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Dow Jones price forecast The Dow Jones index

Bloomberg: Dow Jones price forecast The Dow Jones index is churning chart paper near 43,450, holding steady near familiar lows despite a brief test into fresh lows earlier Monday, softening an approach back toward the 43,000 handle. Despite early November’s post-election splurge, the Dow has steadily declined, shedding 2.77% top-to-bottom from record highs at 44,485. Despite a near-term swing into the bearish side, the Dow Jones is holding firmly in the bullish end, trading north of the 50-day Exponential Moving Average (EMA). Even if bears maintain control in the immediate window, a one-sided bull run baked into charts since October of 2023 has left price action well north of the 200-day EMA at 40,250. submitted by /u/Denchock [link] [comments]

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