🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 10 March 2024
📌 Biden's $460 Billion Spending Bill Averts Shutdown. The newly signed legislation secures funding for key government sectors, ensuring operations in military, healthcare, and housing among others continue uninterrupted.
📌 Dimon and Dalio's Economic Catastrophe Predictions Fizzle Out. Contrary to the dire forecasts by these financial heavyweights, the economy has shown resilience in the face of high interest rates and persistent inflation concerns.
📌 Sam Altman Makes a Comeback to OpenAI's Board. Following an investigation affirming his leadership capabilities, Altman returns to helm OpenAI, alongside the appointment of three new directors, signaling a new chapter for the AI trailblazer.
📌 U.S. Stock Market Dips on Ambiguous Jobs Data. The mixed February jobs report triggers a market pullback, with notable companies like Costco experiencing significant share price declines.
📌 Gold's Surge Fueled by Chinese Demand. A combination of increased purchases by Chinese buyers and speculation around the Federal Reserve's interest rate policies has propelled gold to new heights.
Sources: CNBC, Bloomberg, WSJ
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Date: 10 March 2024
📌 Biden's $460 Billion Spending Bill Averts Shutdown. The newly signed legislation secures funding for key government sectors, ensuring operations in military, healthcare, and housing among others continue uninterrupted.
📌 Dimon and Dalio's Economic Catastrophe Predictions Fizzle Out. Contrary to the dire forecasts by these financial heavyweights, the economy has shown resilience in the face of high interest rates and persistent inflation concerns.
📌 Sam Altman Makes a Comeback to OpenAI's Board. Following an investigation affirming his leadership capabilities, Altman returns to helm OpenAI, alongside the appointment of three new directors, signaling a new chapter for the AI trailblazer.
📌 U.S. Stock Market Dips on Ambiguous Jobs Data. The mixed February jobs report triggers a market pullback, with notable companies like Costco experiencing significant share price declines.
📌 Gold's Surge Fueled by Chinese Demand. A combination of increased purchases by Chinese buyers and speculation around the Federal Reserve's interest rate policies has propelled gold to new heights.
Sources: CNBC, Bloomberg, WSJ
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Many new traders complain that they do not have enough capital to trade, when in fact they should be focused on mastering their trading skills.
Once you have the skill, capital will find you.
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Once you have the skill, capital will find you.
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 11 March 2024
📌 Aramco's Profits Dip but Remain High. Despite a 25% decrease, Saudi Aramco's full-year profit ranks as its second highest ever, highlighting continued financial strength.
📌 Reddit Sets IPO Target. Aiming to raise up to $748 million, Reddit plans to offer 22 million shares priced between $31 and $34, marking one of the year's significant public offerings.
📌 Bond Market Awaits US Inflation Data. Following uncertain labor market reports, traders are keenly awaiting upcoming CPI data to refine their investment strategies.
📌 Emerging Markets See Reduced Default Risk. Junk-rated sovereign bonds have experienced their best year start since 2019, thanks to successful negotiations with the IMF and increased financial stability.
📌 Gold's Surge Driven by Chinese Demand. The recent record rally in gold prices is significantly influenced by purchases from Chinese consumers and central banks, with the Federal Reserve's interest rate decisions being a crucial factor.
Sources: CNBC, Bloomberg, WSJ
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Date: 11 March 2024
📌 Aramco's Profits Dip but Remain High. Despite a 25% decrease, Saudi Aramco's full-year profit ranks as its second highest ever, highlighting continued financial strength.
📌 Reddit Sets IPO Target. Aiming to raise up to $748 million, Reddit plans to offer 22 million shares priced between $31 and $34, marking one of the year's significant public offerings.
📌 Bond Market Awaits US Inflation Data. Following uncertain labor market reports, traders are keenly awaiting upcoming CPI data to refine their investment strategies.
📌 Emerging Markets See Reduced Default Risk. Junk-rated sovereign bonds have experienced their best year start since 2019, thanks to successful negotiations with the IMF and increased financial stability.
📌 Gold's Surge Driven by Chinese Demand. The recent record rally in gold prices is significantly influenced by purchases from Chinese consumers and central banks, with the Federal Reserve's interest rate decisions being a crucial factor.
Sources: CNBC, Bloomberg, WSJ
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[Trading Guide: Complete Guide to Investing & Trading Psychology]
In this detailed guide on investing and trading psychology, you will learn how to master the psychological and mental aspect of trading, to achieve long-term consistency & profitability.
Read more 👉🏻
https://synapsetrading.com/?p=34435
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In this detailed guide on investing and trading psychology, you will learn how to master the psychological and mental aspect of trading, to achieve long-term consistency & profitability.
Read more 👉🏻
https://synapsetrading.com/?p=34435
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 12 March 2024
📌 Trump Criticizes Potential TikTok Ban. Former President Donald Trump opposes a TikTok ban, suggesting it would unfairly benefit Meta, while calling Facebook an "enemy of the people."
📌 India Secures Major Free Trade Agreement. A "watershed" deal with Switzerland, Iceland, Norway, and Liechtenstein could bring $100 billion in investments and create 1 billion jobs for India.
📌 US Job Market Shows Signs of Slowing. According to The Conference Board, the employment trends index slightly decreased in February, marking a potential slowdown in job growth.
📌 Australia to Eliminate Numerous Tariffs. Starting July 1, Australia will remove nearly 500 "nuisance" tariffs, aiming to lower the cost of importing various goods, from toothbrushes to amusement park rides.
📌 Nvidia Responds to Copyright Claims. In response to authors' complaints, Nvidia asserts that its NeMo AI platform operates within copyright laws, addressing concerns over unauthorized book usage.
Sources: CNBC, Bloomberg, WSJ
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Date: 12 March 2024
📌 Trump Criticizes Potential TikTok Ban. Former President Donald Trump opposes a TikTok ban, suggesting it would unfairly benefit Meta, while calling Facebook an "enemy of the people."
📌 India Secures Major Free Trade Agreement. A "watershed" deal with Switzerland, Iceland, Norway, and Liechtenstein could bring $100 billion in investments and create 1 billion jobs for India.
📌 US Job Market Shows Signs of Slowing. According to The Conference Board, the employment trends index slightly decreased in February, marking a potential slowdown in job growth.
📌 Australia to Eliminate Numerous Tariffs. Starting July 1, Australia will remove nearly 500 "nuisance" tariffs, aiming to lower the cost of importing various goods, from toothbrushes to amusement park rides.
📌 Nvidia Responds to Copyright Claims. In response to authors' complaints, Nvidia asserts that its NeMo AI platform operates within copyright laws, addressing concerns over unauthorized book usage.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: Pepecoin: The Meme Coin Craze That's Making Waves in the Crypto World]
In the ever-evolving world of cryptocurrencies, a new contender has leaped onto the scene, capturing the attention of investors and enthusiasts alike.
Meet Pepecoin, a meme coin that has experienced a meteoric rise in value, leaving many wondering whether this little frog can hop its way to long-term success or if it's just another fleeting fad.
Let's dive into the world of meme coins and unravel the mystery behind Pepecoin's bewildering rise.
Read more 👉🏻 https://synapsetrading.com/?p=47464
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In the ever-evolving world of cryptocurrencies, a new contender has leaped onto the scene, capturing the attention of investors and enthusiasts alike.
Meet Pepecoin, a meme coin that has experienced a meteoric rise in value, leaving many wondering whether this little frog can hop its way to long-term success or if it's just another fleeting fad.
Let's dive into the world of meme coins and unravel the mystery behind Pepecoin's bewildering rise.
Read more 👉🏻 https://synapsetrading.com/?p=47464
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[Weekly Market Wrap: BTC breaks $70K, ETH breaks $4K!]
Last week's labor market data showed subtle cooling signs, with a slight uptick in unemployment but stronger-than-expected job growth in February.
The moderating wage growth and other labor market indicators align with Fed Chair Powell's hints at upcoming rate cuts, now anticipated by markets in 2024.
Despite minor stock market retreats and bond market rises, the overall economic outlook remains positive, suggesting a balanced approach to managing investments amid expected policy shifts and market fluctuations.
Read full blog post: 👇🏻
https://synapsetrading.com/?p=48192
Last week's labor market data showed subtle cooling signs, with a slight uptick in unemployment but stronger-than-expected job growth in February.
The moderating wage growth and other labor market indicators align with Fed Chair Powell's hints at upcoming rate cuts, now anticipated by markets in 2024.
Despite minor stock market retreats and bond market rises, the overall economic outlook remains positive, suggesting a balanced approach to managing investments amid expected policy shifts and market fluctuations.
Read full blog post: 👇🏻
https://synapsetrading.com/?p=48192
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 13 March 2024
📌 Inflation Surges to 3.2%, Exceeding Expectations. Last month's consumer-price index increase introduces more uncertainty about when the Federal Reserve will cut interest rates.
📌 Slight Cooling in U.K. Labor Market. With a small decrease in wage growth and a slight increase in unemployment for the three months to January, there's a bit of relief for Bank of England policymakers ahead of anticipated interest rate cuts.
📌 Apple Eases App Restrictions in Europe. In response to new EU competition rules, Apple will permit direct app downloads from developers' websites for iPhone users in Europe, marking a significant policy shift.
📌 OpenAI Responds to Elon Musk's Lawsuit. Describing his allegations as "often incoherent," OpenAI denies having a founding agreement with Musk in a legal rebuttal.
📌 Cryptocurrency Exchange Linked to Currency Crisis. Nigeria accuses Binance of contributing to the devaluation of its currency, leading to the detention of two senior Binance employees.
Sources: CNBC, Bloomberg, WSJ
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Date: 13 March 2024
📌 Inflation Surges to 3.2%, Exceeding Expectations. Last month's consumer-price index increase introduces more uncertainty about when the Federal Reserve will cut interest rates.
📌 Slight Cooling in U.K. Labor Market. With a small decrease in wage growth and a slight increase in unemployment for the three months to January, there's a bit of relief for Bank of England policymakers ahead of anticipated interest rate cuts.
📌 Apple Eases App Restrictions in Europe. In response to new EU competition rules, Apple will permit direct app downloads from developers' websites for iPhone users in Europe, marking a significant policy shift.
📌 OpenAI Responds to Elon Musk's Lawsuit. Describing his allegations as "often incoherent," OpenAI denies having a founding agreement with Musk in a legal rebuttal.
📌 Cryptocurrency Exchange Linked to Currency Crisis. Nigeria accuses Binance of contributing to the devaluation of its currency, leading to the detention of two senior Binance employees.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Reversal Chart Patterns]
Reversal patterns are important because they warn us of major market tops and bottoms, which are very useful for both traders and long-term investors.
Read full guide 👉🏻 https://synapsetrading.com/?p=38946
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Reversal patterns are important because they warn us of major market tops and bottoms, which are very useful for both traders and long-term investors.
Read full guide 👉🏻 https://synapsetrading.com/?p=38946
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 14 March 2024
📌 European Lawmakers Pass Landmark AI Regulation. The EU AI Act, initiated in 2021, categorizes AI technologies based on risk levels, imposing bans on "unacceptable" risks.
📌 U.S. Expands Missile Production with Australian Help. Aiming for a factory in Australia, the U.S. plans to increase production of critical missiles used by Ukraine against Russia, marking a significant international collaboration.
📌 Family Dollar Announces Major Store Closures. Citing challenges like inflation and theft, Dollar Tree plans to shut down 1,000 Family Dollar stores, indicating significant retail adjustments.
📌 ECB Aims to Revitalize Bank Lending. With a new operational framework, the European Central Bank seeks to encourage banks to lend to each other, though some believe the measures are insufficient.
📌 Interest Rates Expected to Remain High. Recent inflation data shifts focus from the timing of Federal Reserve rate cuts to the eventual rate peak, signaling a long-term high-rate environment.
Sources: CNBC, Bloomberg, WSJ
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Date: 14 March 2024
📌 European Lawmakers Pass Landmark AI Regulation. The EU AI Act, initiated in 2021, categorizes AI technologies based on risk levels, imposing bans on "unacceptable" risks.
📌 U.S. Expands Missile Production with Australian Help. Aiming for a factory in Australia, the U.S. plans to increase production of critical missiles used by Ukraine against Russia, marking a significant international collaboration.
📌 Family Dollar Announces Major Store Closures. Citing challenges like inflation and theft, Dollar Tree plans to shut down 1,000 Family Dollar stores, indicating significant retail adjustments.
📌 ECB Aims to Revitalize Bank Lending. With a new operational framework, the European Central Bank seeks to encourage banks to lend to each other, though some believe the measures are insufficient.
📌 Interest Rates Expected to Remain High. Recent inflation data shifts focus from the timing of Federal Reserve rate cuts to the eventual rate peak, signaling a long-term high-rate environment.
Sources: CNBC, Bloomberg, WSJ
Share 🍻 https://www.tg-me.com/synapsetrading
When people experience losses, the first urge is to trade more to "make back the money", when in fact they should be doing the opposite.
If your analysis is impaired or your confidence is shaken, you should trade less to slowly get back in the zone.
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If your analysis is impaired or your confidence is shaken, you should trade less to slowly get back in the zone.
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🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 15 March 2024
📌 Zero-Emission Big Rigs Face Funding Uncertainty. The U.S. government's initiative to deploy charging stations for electric big rigs is under scrutiny, with unresolved questions about costs and funding.
📌 Biden's Stance on U.S. Steel Takeover Influenced by Lobbying. Despite aligning with his policies, President Biden opposes Nippon Steel's acquisition of U.S. Steel due to lobbying efforts by Cleveland-Cliffs and union opposition.
📌 U.S. Retail Sales Miss Expectations. February's retail sales saw a modest 0.6% rise, falling short of the anticipated 0.8%, signaling a potential slowdown in consumer spending.
📌 Mnuchin Eyes TikTok Purchase Amid Ban Discussions. Former Treasury Secretary Steven Mnuchin is reportedly organizing a bid for TikTok, amidst legislative moves to ban or mandate the app's sale in the U.S.
📌 Drone Swarms Poised to Revolutionize Warfare. The advent of AI-powered drone swarms is set to dramatically alter military dynamics, transitioning from a manageable threat to a formidable force.
Sources: CNBC, Bloomberg, WSJ
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Date: 15 March 2024
📌 Zero-Emission Big Rigs Face Funding Uncertainty. The U.S. government's initiative to deploy charging stations for electric big rigs is under scrutiny, with unresolved questions about costs and funding.
📌 Biden's Stance on U.S. Steel Takeover Influenced by Lobbying. Despite aligning with his policies, President Biden opposes Nippon Steel's acquisition of U.S. Steel due to lobbying efforts by Cleveland-Cliffs and union opposition.
📌 U.S. Retail Sales Miss Expectations. February's retail sales saw a modest 0.6% rise, falling short of the anticipated 0.8%, signaling a potential slowdown in consumer spending.
📌 Mnuchin Eyes TikTok Purchase Amid Ban Discussions. Former Treasury Secretary Steven Mnuchin is reportedly organizing a bid for TikTok, amidst legislative moves to ban or mandate the app's sale in the U.S.
📌 Drone Swarms Poised to Revolutionize Warfare. The advent of AI-powered drone swarms is set to dramatically alter military dynamics, transitioning from a manageable threat to a formidable force.
Sources: CNBC, Bloomberg, WSJ
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[Blog Post: 5 Biggest Day Trading Mistakes that Beginners Make]
Why do new traders always lose out to professional traders? What is the extra edge that professional traders have that allow them to always win in the long run against new traders?
Read more 👉🏻 https://synapsetrading.com/?p=36921
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Why do new traders always lose out to professional traders? What is the extra edge that professional traders have that allow them to always win in the long run against new traders?
Read more 👉🏻 https://synapsetrading.com/?p=36921
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 16 March 2024
📌 Apple Settles iPhone Demand Lawsuit for $490 Million. The tech giant resolves allegations that CEO Tim Cook misled investors about falling iPhone demand in China, agreeing to a substantial settlement.
📌 McDonald's Hit by Global Tech Glitch. Technical issues have temporarily shut down McDonald’s operations across Japan and affected its app in Australia, with the cause of the global outage under investigation.
📌 Bitcoin's Price Dips Suddenly to $67,000. The cryptocurrency's value experienced a sharp decline overnight, highlighting its ongoing volatility, though the specific trigger for the drop remains unclear.
📌 U.S. Consumer Confidence Dips Further. March sees a decrease in consumer confidence, contrary to economists' expectations for improvement, signaling persistent pessimism about the future.
📌 India Cuts EV Tariffs to Attract Tesla. In a move to boost local EV production, India offers reduced import duties for electric vehicle companies committing to a significant investment in manufacturing within the country.
Sources: CNBC, Bloomberg, WSJ
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Date: 16 March 2024
📌 Apple Settles iPhone Demand Lawsuit for $490 Million. The tech giant resolves allegations that CEO Tim Cook misled investors about falling iPhone demand in China, agreeing to a substantial settlement.
📌 McDonald's Hit by Global Tech Glitch. Technical issues have temporarily shut down McDonald’s operations across Japan and affected its app in Australia, with the cause of the global outage under investigation.
📌 Bitcoin's Price Dips Suddenly to $67,000. The cryptocurrency's value experienced a sharp decline overnight, highlighting its ongoing volatility, though the specific trigger for the drop remains unclear.
📌 U.S. Consumer Confidence Dips Further. March sees a decrease in consumer confidence, contrary to economists' expectations for improvement, signaling persistent pessimism about the future.
📌 India Cuts EV Tariffs to Attract Tesla. In a move to boost local EV production, India offers reduced import duties for electric vehicle companies committing to a significant investment in manufacturing within the country.
Sources: CNBC, Bloomberg, WSJ
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[Infographic: Tips & Strategies for Trading While Travelling]
Are you ready to combine your love of trading and traveling?
In this blog post, I will cover all the best tips for trading while travelling, and some simple strategies you can use to make it as stress-free as possible so you can still enjoy your holiday.
Read more 👉🏻 https://synapsetrading.com/?p=45382
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Are you ready to combine your love of trading and traveling?
In this blog post, I will cover all the best tips for trading while travelling, and some simple strategies you can use to make it as stress-free as possible so you can still enjoy your holiday.
Read more 👉🏻 https://synapsetrading.com/?p=45382
Share 🍻 https://www.tg-me.com/synapsetrading
🌍 DAILY NEWS HIGHLIGHTS! 🌍
Date: 17 March 2024
📌 Germany Supports Using Frozen Russian Assets for Ukraine. Chancellor Scholz announces a significant policy shift, advocating the use of Russia's frozen assets to fund Ukraine's defense needs.
📌 Investors' 'Wall of Cash' May Not Boost Stocks as Expected. Despite anticipation, the vast reserves in money-market funds might not flow into equities, even with potential Fed rate cuts.
📌 India's Semiconductor Aspirations Face Chinese Competition. India's efforts to enter the semiconductor industry could be hindered by U.S.-China tensions and China's substantial investment capabilities.
📌 Meta Under Federal Scrutiny for Drug Sales on Platforms. U.S. authorities are investigating whether Meta's social networks have played a role in the illegal drug trade.
📌 U.S. Schools Cracking Down on Cellphone Use. To mitigate distractions and mental health concerns, some schools are restricting student access to mobile phones during class hours.
Sources: CNBC, Bloomberg, WSJ
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Date: 17 March 2024
📌 Germany Supports Using Frozen Russian Assets for Ukraine. Chancellor Scholz announces a significant policy shift, advocating the use of Russia's frozen assets to fund Ukraine's defense needs.
📌 Investors' 'Wall of Cash' May Not Boost Stocks as Expected. Despite anticipation, the vast reserves in money-market funds might not flow into equities, even with potential Fed rate cuts.
📌 India's Semiconductor Aspirations Face Chinese Competition. India's efforts to enter the semiconductor industry could be hindered by U.S.-China tensions and China's substantial investment capabilities.
📌 Meta Under Federal Scrutiny for Drug Sales on Platforms. U.S. authorities are investigating whether Meta's social networks have played a role in the illegal drug trade.
📌 U.S. Schools Cracking Down on Cellphone Use. To mitigate distractions and mental health concerns, some schools are restricting student access to mobile phones during class hours.
Sources: CNBC, Bloomberg, WSJ
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