Author: admin

China appears to have offered U.S. and European auto giants something of a reprieve over a rare earth shortage.

Trump’s spending bill includes a “revenge tax” to countries that levy “unfair foreign taxes” on U.S. companies. Here’s what to know about Section 899.

Some workers unknowingly pay fees when they leave a job but don’t take their 401(k) with them. Those can eat into their retirement savings.

Walt Disney and Universal Orlando, two of the biggest names in theme parks, are about to get even bigger.

The Globe and Mail is reporting that two senior government sources told that the Canadian Prime Minister Carney is set to announce today that his government will increase defence spending to meet NATO’s 2% target this fiscal year. This would be not only ahead of any previously announced schedule but will also be the largest increase in defence spending since the World War II.

This might also be part of the US-Canada trade negotiations as we had reports of a possible trade deal before the G7 meeting on June 15. I think, the market might be underestimating the inflation risk coming from the global monetary easing and increased fiscal spending.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

The Globe and Mail is reporting that two senior government sources told that the Canadian Prime Minister Carney is set to announce today that his government will increase defence spending to meet NATO’s 2% target this fiscal year. This would be not only ahead of any previously announced schedule but will also be the largest increase in defence spending since the World War II.

This might also be part of the US-Canada trade negotiations as we had reports of a possible trade deal before the G7 meeting on June 15. I think, the market might be underestimating the inflation risk coming from the global monetary easing and increased fiscal spending.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

BA Stock Analysis: A Series of Multi Timeframe Bullish Signals

Boeing (BA) is catching the eye of traders right now, and here’s why: it looks like it just had another bull flag breakout (on the hourly timeframe, today in premarket, Monday 09 June 2025).

But let’s take a step back and check the latest earings and what the stock did since the… After that gap-up following earnings back in April, BA has been grinding higher in a pretty clear ascending channel. Even though it is imperfect, it is still an upward channel since that earnings gap up.

On the weekly, price broke out up, and surpassed the psychological $200 round number, that wasn’t breached since March 2024. BA is maintaining well above that price, after conquering it.

This price action has formed what technicians call a bull flag pattern on the chart – essentially a period of consolidation after a strong move up, often seen as a pause before another leg higher.

In our series of bull flags, we now even have a breakout up on the hourly

The key long-term target is around $251.50, for the patient holders. For shorter term risk mitigation via partial profit taking, investors and traders can consider the recent high at $215.80, selling art of their Long position just below it.

On the flip side, the support level at $207.95 is the near term floor. This is where buyers have shown up to defend the price. As long as BA holds above this level, the bullish structure remains intact. Price action around these support and resistance levels gives traders clues about the market’s sentiment, and what it may want to do next, after engaging with those key price levels, which others are watching for further guidance.

Volume is another piece of the puzzle. Friday’s volume was a bit below the 30-day average, so we’d want to see volume pick up significantly on any breakout attempt. Higher volume on a move above $251.5 adds conviction to the breakout, showing strong buying interest. The recent news about a new Boeing plane landing in China for the first time since the tariff war (ICYMI: New Boeing plane landed in China for the first time since the tariff war started) could also be a fundamental catalyst supporting a move higher.

Tips for New Traders Looking at This Boeing Stock Setup:

• Don’t chase the price if it’s already made a big move. Wait for confirmation.
• Now seems a legit place to enter or re-enter, and consider partial profit taking as stated above. At your own risk only.
• Understand that patterns can fail. Have a plan for what you’ll do if the price drops back below support.
• Avoid going all-in on one trade, and too big. Don’t be wild, don’t be greedy. Manage your risk.

Visit ForexLive.com (evolving to become investingLive.com later this summer) for further updates.

This article was written by Itai Levitan at www.forexlive.com.

BA Stock Analysis: A Series of Multi Timeframe Bullish Signals

Boeing (BA) is catching the eye of traders right now, and here’s why: it looks like it just had another bull flag breakout (on the hourly timeframe, today in premarket, Monday 09 June 2025).

But let’s take a step back and check the latest earings and what the stock did since the… After that gap-up following earnings back in April, BA has been grinding higher in a pretty clear ascending channel. Even though it is imperfect, it is still an upward channel since that earnings gap up.

On the weekly, price broke out up, and surpassed the psychological $200 round number, that wasn’t breached since March 2024. BA is maintaining well above that price, after conquering it.

This price action has formed what technicians call a bull flag pattern on the chart – essentially a period of consolidation after a strong move up, often seen as a pause before another leg higher.

In our series of bull flags, we now even have a breakout up on the hourly

The key long-term target is around $251.50, for the patient holders. For shorter term risk mitigation via partial profit taking, investors and traders can consider the recent high at $215.80, selling art of their Long position just below it.

On the flip side, the support level at $207.95 is the near term floor. This is where buyers have shown up to defend the price. As long as BA holds above this level, the bullish structure remains intact. Price action around these support and resistance levels gives traders clues about the market’s sentiment, and what it may want to do next, after engaging with those key price levels, which others are watching for further guidance.

Volume is another piece of the puzzle. Friday’s volume was a bit below the 30-day average, so we’d want to see volume pick up significantly on any breakout attempt. Higher volume on a move above $251.5 adds conviction to the breakout, showing strong buying interest. The recent news about a new Boeing plane landing in China for the first time since the tariff war (ICYMI: New Boeing plane landed in China for the first time since the tariff war started) could also be a fundamental catalyst supporting a move higher.

Tips for New Traders Looking at This Boeing Stock Setup:

• Don’t chase the price if it’s already made a big move. Wait for confirmation.
• Now seems a legit place to enter or re-enter, and consider partial profit taking as stated above. At your own risk only.
• Understand that patterns can fail. Have a plan for what you’ll do if the price drops back below support.
• Avoid going all-in on one trade, and too big. Don’t be wild, don’t be greedy. Manage your risk.

Visit ForexLive.com (evolving to become investingLive.com later this summer) for further updates.

This article was written by Itai Levitan at www.forexlive.com.

Last week, we got the news that Saudi Arabia was pushing for OPEC+ to maintain its faster pace of oil
production increases in the coming months, aiming to regain market share
rather than support prices. That news and other negative supply side news in the past weeks, have been faded over and over again in a sign that the market has factored that in and it’s now looking through
it.

The
thing to watch is the demand side now. We’ve been in a global easing cycle for some time now, we have the Trump’s tax cuts and deregulations ahead and the trade war looks now a thing of the past as expectations for positive outcomes remain the base case. These are all positive drivers for global growth and therefore for crude oil demand.

Note also that positioning in the crude oil market has been very bearish and we could see a quick squeeze into new highs once we get a breakout.

On the 4 hour chart, we can see that the price broke above the key resistance zone around the $64 area and it’s now going to challenge the major trendline around the $65 handle. This is where we can expect the sellers to step in with a defined risk above the trendline to position for a drop back into the $55 lows. The buyers, on the other hand, will look for a break higher to increase the bullish bets into the $$72 handle next.

This article was written by Giuseppe Dellamotta at www.forexlive.com.

• I see clear downside risks to growth
• But it would be a mistake to neglect upside risks to inflation
• We need to keep all options open
• Data through the summer will indicate whether fine-tuning will be needed

The comments aren’t anything new. But on a personal level despite being convicted with bribery/corruption, he is still keeping his job for now.

This article was written by Justin Low at www.forexlive.com.