Is this the beginning of the end of Twitter? The internet’s public square is brimming with conspiracy theories as Twitter (TWTR) – Get Twitter, Inc. Report and Elon Musk potentially move closer to a takeover deal. Read more…
Summary The FOMC raised its target range for the fed funds rate by 25 bps at its March 15-16 meeting. However, the minutes of the meeting revealed that some members would have supported a 50 Read more…
The dollar continues to push back against competitors in global markets, going on the offensive against a broader front of currencies and stock indices. Geopolitics is ceding to monetary policy its role as the primary Read more…
Gold lost 1.6% since the beginning of the day on Monday, testing $1900 precisely one week after an unsuccessful attempt to get above $2000. The essential factor that puts pressure on gold is the Fed’s Read more…
USDJPY is in uptrend, but extreme overbought condition, slow down on US yields and also some speculation regarding BoJ JPY intervention puts a strong resistance in play on USDJPY. In fact, the pair has five Read more…
WTI oil price fell nearly 5% on Monday, extending weakness well below psychological $100 level and hitting the lowest in two weeks. Oil came under increased pressure on concerns that extended lockdowns in Shanghai and Read more…
Wood’s flagship fund has seen an inflow of investment dollars this year, despite falling in value. Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Friday bought some of her old favorite stocks, Read more…
Spot gold accelerated lower on Monday, losing more than 1.5% and probed below $1900 mark for the first time in more than three weeks. Robust US dollar, which holds near the two-year high against the Read more…
Markets Risk aversion haunts trading today, though markets are off worst/best intraday levels. The accelerating Chinese Covid-outbreak prompted authorities to close down parts of Beijing and adds to global growth worries. European equity markets currently Read more…
A classic Las Vegas has property has followed Fremont Street’s Circa in making a big change. In the mid-1990s Las Vegas made an ill-fated effort to market itself as a family destination. That move made Read more…