Brent Crude – Oil Slides on Renewed Demand Fears, Brent Back at $75 a Barrel
Brent crude oil prices fell by 4% due to concerns about weakening demand from China. The disruption in Libyan oil production has had a limited impact on prices so far,…
Labor Day ETF Review – Slope of Hope with Tim Knight
By Tim Knight – 7 hours ago (02, Sep 2024 3:00:00 AM) Labor Day ETF Review Labor Day ETF Review In order to comment on this blog, you must have…
1 billion XRP transfer, SEC could payback $125 million to Ripple if appeal fails
Ripple unlocked 1 billion XRP from its escrow account on September 1, raising concerns among XRP holders. Pro-crypto attorney Fred Rispoli asked securities lawyers whether. SEC would pay $125 million…
Markets Weekly Outlook – NFP Jobs Data to Rule Out 50 bps Fed Rate Cut?
US PCE data keeps Fed rate cut hopes alive as inflation moves towards 2% target. Commodity prices fluctuate on geopolitical fears and OPEC+ production plans. US jobs data release is…
New Yield Curve Tool! – Slope of Hope with Tim Knight
Something we’ve revised here on Slope is the Yield Curve Tool, which any of you can access by choosing the menu item below or clicking here. The controls are easy…
Ripple hovers around important support level as XRP traders take over $8 million in profits
Ripple traders take $8.36 million in profits on Thursday, Santiment data shows. XRP holds steady above $0.57 support, posting nearly 1% gains on the day. Ripple active addresses increased by…
Euro declines ahead of German inflation, US GDP
The euro is sharply lower on Wednesday. In the European session, EUR/USD is trading at 1.1116 at the time of writing, down 0.60% on the day. There are no tier-1…
Solid State Substack – Slope of Hope with Tim Knight
In 1982, I wrote my first book, and I went on to write two dozen more. All of these were put out by large publishing houses, but all of them…
Ripple dips under $0.60 as whales reduce XRP holdings by 140 million in seven days
Ripple whales holding 100 million XRP and higher shed 140 million tokens in seven days. XRP retail investors accumulated the coin in the same time frame. XRP slips under support…
Markets Weekly Outlook – Powell Delivers with Nvidia Earnings, PCE Data Next
Fed Chair Powell signals policy adjustments are needed, emphasizing concerns about labor market weakness. The impact of Powell’s remarks on the FX space saw GBP/USD and EUR/USD reach new highs.…
The Relative Weakness – Slope of Hope with Tim Knight
I do not want you – – or me – – to lose sight of the big picture, in spite of the carnival which happened on Friday. You see, I…
Will Jerome Powell give any clues as to the size of upcoming rate cuts at Jackson Hole?
Fed Chairman Jerome Powell is due to speak on monetary policy at the Jackson Hole Symposium. All eyes remain on Powell’s speech for fresh cues on the US interest-rate outlook.…
Euro edges lower on mixed eurozone PMI
The euro is steady on Thursday. In the European session, EUR/USD is trading at 1.1136 at the time of writing, down 0.11% on the day. Eurozone services accelerates, manufacturing dips…
Fear Not, My Buggish Friends – Slope of Hope with Tim Knight
Gold Stocks vs. SPX The gold stock sector is on the verge of taking back the macro, and taking leadership over the broad SPX This post is prompted by a…
Bulls looking to conquer the 1.1100 mark
EUR/USD Current price: 1.1083 The persistent upbeat mood maintains the US Dollar under strong selling pressure. Financial markets welcome stable macroeconomic data and an upcoming rate cut. EUR/USD is technically…
RBA’s Bullock says no rate cuts coming, Aussie soars
The Australian dollar has started the week with slight gains. AUD/USD is trading at 0.6685 in the European session, up 0.24% on the day at the time of writing. Earlier…
Walmart Jaw-Dropper – Slope of Hope with Tim Knight
Folks like to joke about Walmart, with entire websites devoted to some of the customers there. In spite of all the guffaws, WMT has had a small measure of success,…
Did VanEck and 21Shares pull Solana ETF applications, here’s what to expect
Solana ETF 19b-4 forms for VanEck and 21Shares are no longer visible on the CBOE website, leading to questions on whether applications were withdrawn. Solana ETF applications were filed on…
Euro edges higher, US dollar under pressure
The euro has edged higher on Friday. In the European session, EUR/USD is trading at 1.0994, up 0.21% on the day at the time of writing. The US dollar is…
Balsa Wood Foundation – Slope of Hope with Tim Knight
This is the kind of firm footing into which the bulls are putting their hopes. Balsa Wood Foundation Balsa Wood Foundation In order to comment on this blog, you must…