First Republic bank has been slaughtered due to the banking crisis in the US. FRC is backed by JP Morgan, the strongest bank on earth. Unless the Gov't wants all regional banks to fail and roll it all up in to the big banks, FRC should survive and if it survives, it can easily double from here. Obviously the sentiment on this stock and bank stocks in general are...
NZD/USD is considerably higher on Tuesday, trading at 0.6203, up 0.57%. Earlier, NZD/USD rose as high as 0.6218, its highest level since April 19th.
New Zealand's labour market has remained robust, despite relentless tightening from the Reserve Bank of New Zealand, which has raised rates to 5.25%. We'll get a look at first-quarter employment numbers later today,...
We have a beutifull zone of acumulation with a long range.
Yesterday we saw that any good news will pump this bank.
So now , we have a beautiful price to enter with a buy at 13.00 with take profit at 19.00 and stop loss at 11.
Remember, when nobody talks about it, that will be the time to buy.
The euro has put together a 3-day rally and is up again on Tuesday. In the European session, EUR/USD is trading quietly at 1.0756, up 0.30%.
Let's start with some good news. European stock markets have settled down and are in positive territory. The euro took a bath last Wednesday and plunged 1.47% as Credit Suisse shares tumbled, but the currency has battled...
FRC First Republic Bank received uninsured deposits of $30 billion on Mar 16, 2023, from 11 banks of the country: Bank of America Corporation BAC, Citigroup Inc. C, JPMorgan Chase & Co. JPM, PNC Bank, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, State Street, Truist, and U.S. Bank.
I know it`s a risky trade, but i believe this recue...
