Spot gold fell to 10-week low on Thursday registering a firm break of psychological $1900 level and a marginal close below important technical support at $1890 (Fibo 61.8% of $1780/$2070 / lows of Mar 29 Read more…
This earnings season is offering a repeat of January’s for media giant. Media companies are seeing a lot of earnings reruns lately and they’re offering a cautionary lesson. For instance, after recent disappointing results from Read more…
Stock futures power higher on tech sentiment; dollar nears 20-year peak; Meta shares surge as Facebook user rebound offsets mixed Q1 earnings; Apple shares higher ahead of A2 earnings with iPhone demand in focus; ford Read more…
Are you looking for a way to fix ‘Error 521’ with WordPress and Cloudflare? If you’re seeing this error message, then so is everyone who tries to visit your website. This is bad news for Read more…
The USDJPY accelerated sharply higher on Thursday and broke above psychological 130 barrier, to hit 20-year high and test pivotal Fibo barrier at 130.65 (76.4% retracement of 1998/2011 147.68/75.55 downtrend. The Japanese yen is in Read more…
Bitcoin found buyers’ support Wednesday morning after touching levels below $38K, followed by a relatively calm rise to $39.4K as of Thursday morning with a strengthening of 2.4% in 24 hours. Ethereum added 1.4% over Read more…
WTI oil futures are trading around the mid-Bollinger band, which is currently north of the 100.00 border, after the commodity found positive traction prior to reaching the lower Bollinger band. The climbing longer-term 100- and Read more…
Offshore Chinese Yuan’s decline resumes today with USD/CNH hitting as high as 6.637 so far. Earlier this week, PBoC announced to cut the foreign exchange reserve ratio by 100bps from 9% to 8%. That was Read more…
American stocks rose on Wednesday as the earnings season continued. The Dow Jones index rose by 326 points while the Nasdaq 100 and S&P 500 rose by more than 1%. Companies that performed well were Read more…
In remarks to a Committee of the European Parliament, ECB Vice President Luis de Guindos said, Russian invasion of Ukraine has “cast a dark shadow over” Europe, as a human tragedy and affecting the economy. Read more…