Stocks declined after January's producer price index, which is another inflation gauge, increased by 0.7% in the month, higher than the expected 0.4%.This follows reports that January's consumer price index and retail sales were both higher…
The United States is considering sanctions on Chinese firms for their involvement in Iran's surveillance buildup.Despite international sanctions, Chinese state-owned companies have been shipping navigation equipment and jamming technology…
https://synapsetrading.com/wp-content/uploads/2023/02/Fann-Mountains-Tajikistan.jpg15362048Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2023-02-10 11:53:412023-02-24 20:34:17Weekly Market Wrap: Market Rebound is Currently Overbought?
Have you ever wondered why the price of oil seems to change every day?Oil is an essential commodity that powers the world's economies, and it's a topic that affects us all.From fueling our cars to heating our homes, oil plays…
https://synapsetrading.com/wp-content/uploads/2023/02/Thumbnail-The-Different-Types-of-Oil-Products-What-Affects-their-Prices.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2023-02-10 01:27:012023-02-19 02:21:15The Different Types of Oil Products & What Affects their Prices?
The Federal Reserve in the US is now using "supercore inflation" to guide interest-rate policy.This narrow measure of inflation comprises the prices of services (e.g. barbers, lawyers, plumbers) excluding housing and energy prices.The…
https://synapsetrading.com/wp-content/uploads/2023/02/Thumbnail-What-is-Supercore-Inflation.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2023-02-08 18:43:272023-03-28 11:33:48What is Supercore Inflation and How to Trade it?
Recently, one of the hottest economic indicator is the Consumer Price Index (CPI), and it has been one of major maker movers, but what exactly does it tell us?Released once a month, it measures the average change in prices of a basket…
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In last week's NFP (non-farm payroll) report, the US added 517,000 jobs in January, higher than expected and pushing the unemployment rate down to 3.4%, its lowest since 1969.Job growth was revised higher for November and December, adding…
The Federal Reserve recently raised its interest rates by a quarter point, signaling that more rate increases are on the horizon.Despite this stance, investors are betting on only one more quarter-point increase, with some suggesting…
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The Non-farm payroll (NFP) is one of the most watched economic indicator by traders and investors, as it provides insight into the health of the US labor market.Released on the first Friday of each month, the NFP report tracks the change…
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Fortune's Formula is a captivating book that delves into the world of scientific betting systems and how they have been used to beat casinos and Wall Street.Written by William Poundstone, an author and journalist, the book uncovers the…
https://synapsetrading.com/wp-content/uploads/2023/01/thumbnail-Book-Summary-Fortunes-Formula-The-Untold-Story-of-the-Scientific-Betting-System-That-Beat-the-Casinos-and-Wall-Street-by-William-Poundstone.png7201280Spencer Lihttps://synapsetrading.com/wp-content/uploads/2019/10/logo.jpgSpencer Li2023-01-28 18:52:072024-08-06 14:42:54Book Summary: Fortune’s Formula by William Poundstone
