(Partial video transcript) This week’s trading opportunity This week’s “Trade of the week” is to go long Bitcoin. The reason is that last week we managed to close above resistance we’ve been seeing since the beginning of February, as you can see on my chart in the video. And that positive close last Wednesday does mean that […]
Market sentiment showed tentative signs of stabilization after the sharp panic seen at the open of the day. Oil prices eased from their initial spike following reports that G7 finance ministers would discuss the potential release of emergency oil reserves. Yet the relief remains fragile, with WTI crude still hovering above the psychologically important 100
2026.03.09 2026.03.09 Who Owns the Most TSLA Stock? Major Shareholders & Ownership Structure Gleb Kabanovhttps://www.litefinance.org/blog/authors/gleb-kabanov/ Tesla Inc. is one of the most well-known companies traded on the US stock market. It has a complex and multi-layered ownership structure. Founded by Martin Eberhard and Marc Tarpenning, Tesla has grown from a start-up into a global manufacturer
Estonia’s industrial production expanded at the quickest pace in nine months in January amid a sharp recovery in the utility sector, data from Statistics Estonia showed on Monday. The volume of industrial production advanced 5.9 percent year-on-year in January, faster than the 1.8 percent increase in the previous month. Moreover, this was the strongest growth
Bitcoin regains lost ground Following last week’s rejection by its key resistance area amid the Iran war, Bitcoin slid by around 11% from its 4 March $74,071.02 high to Sunday’s $65,618.93 low. On Monday morning a recovery effort began, though, with the $70,057.25 – $74,071.02 resistance zone being back in the frame. What is needed
Zain Vawda Market Analyst Zain is an experienced financial markets analyst and educator with a rich tapestry of experience in the world of retail forex, economics, and market analysis. Initially starting out in a sales and business development role, his passion for economics and technical analysis propelled him towards a career as an analyst. He
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Prior -1.9%; revised to -1.0% The drag here also comes after a more positive revision to the December numbers, so keep that in mind. Still, German industrial output was much weaker in January amid a steeper drop in production in the manufacture of metal products (-12.4%). Looking at the breakdown, the production of consumer goods
Factory orders and industrial production from Germany and investor confidence from the euro area are due on Monday. At 3.00 am ET, Destatis is scheduled to issue Germany’s industrial production and factory orders figures. Economists forecast production to grow 1.0 percent on a monthly basis, reversing a 1.9 percent fall in December. Orders are expected
Asian markets endured a severe sell-off today as the escalating conflict in the Middle East drove a dramatic surge in global energy prices. Brent and WTI crude both surged toward the 120 per barrel mark, on intensifying fears that the disruption around the Strait of Hormuz could evolve into a prolonged supply shock. The spike
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What a scintillating start to the new week this is. Oil prices have surged by well over 20%, poised for its largest one-day gain on record. And we’re talking about prices near $120 again after having initially hesitated to get above $80 last week. I mentioned last week already that the $80 mark was the
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Overall consumer prices in China were up 1.0 percent on month in February, the National Bureau of Statistics said on Monday. That exceeded expectations for an increase of 0.6 percent and was up sharply from 0.2 percent in January. On a yearly basis, inflation was up 1.3 percent – again topping forecasts for 0.9 percent
USD/JPY is closing in on the highest levels of the year. The pair is up 80 pips so far today to 158.59, breaking above last week’s peak and trading at the best levels since January 22. That was the day of the widely-publicized Ministry of Finance rate check via US banks late on a Friday.
Gold fell to $5,118 per ounce on Monday, pressured by a stronger US dollar and diminishing expectations for Federal Reserve interest rate cuts, which together outweighed safe-haven demand stemming from the escalating conflict in the Middle East. Investor worries about the conflict’s economic fallout intensified after oil prices climbed above $100 per barrel. As the
The value of overall bank lending in Japan was up 4.5 percent on year in February, the Bank of Japan said on Monday – coming in at 663.823 trillion yen. That was above expectations for an increase of 4.4 percent, which would have been unchanged from the January reading following a downward revision from 4.5
