Earnings and housing data will highlight an active week on Wall Street as investors look to balance corporate profit growth against looming recession risks. U.S. equity futures edged modestly lower Monday, while the dollar extended Read more…
Elon Musk’s weekend Tweets suggest another U-turn in the billionaire’s Twitter takeover strategy. Updated at 7:40 am EST Twitter (TWTR) – Get Twitter, Inc. Report shares moved higher Monday, but still sit well below the takeover Read more…
“Net interest income increased by $1.4 billion versus the year-ago quarter supported by strong loan and deposit growth,” said CFO Alastair Borthwick. Updated at 7:44 am EST Bank of America (BAC) – Get Bank of Read more…
US dollar soars on Fed tightening nervousness, weak euro The euro and yen have tumbled since Thursday, and US bond yields have noticeably firmed once again as Fed rate hike fears increase the closer we Read more…
With most of Europe, as well as Hong Kong, Australia, and New Zealand on holiday today, the focus of the day has been on this morning’s tier-1 data releases from China. China GDP YoY for Read more…
Stock futures slip as risk appetite wanes, Treasury yields rise; Week Ahead: earnings and housing data in focus; Twitter drama continues as Musk hints at tender offer, board mulls $43 billion takeover; Tesla shares edge Read more…
EURUSD is taunting the 1.0726-1.0774 key support border after recently taking a fresh jab at it. The descending simple moving averages (SMAs) are defending the near 11-month downtrend from the 1.2266 high. Furthermore, the Ichimoku Read more…
Do you want to offer users a buy now, pay later payment method on your WordPress website? ‘Buy now, pay later’ offers customers flexibility as they can purchase goods and pay in installments over a Read more…
Gold price started a fresh increase from the $1,950 pivot level against the US Dollar. The price broke the $1,965 resistance zone to move into a short-term bullish zone. There was a move above a Read more…
Gold brought the 2,000 number back into scope after halting Friday’s setback near the former resistance of 1,959. The RSI and the MACD are currently heading northwards, endorsing the bullish appetite in the market. Of course, the Read more…