The Japanese yen is almost unchanged on Friday, trading at the 135.00 line. Lower US yields boost yen The Japanese yen showed some strength yesterday, gaining around 1% against the dollar. The yen’s improvement was Read more…
Stocks are set for their best week in a month as investor ride a so-called ‘relief rally’ while re-setting other market prices for a near-term recession. U.S. equity futures moved higher again Friday, setting up Read more…
The Fed’s clean bill of health will allow the biggest U.S. banks to boost dividends and share buybacks over the coming year. Wells Fargo (WFC) – Get Wells Fargo & Company Report, JPMorgan (JPM) – Read more…
Stock futures higher but growth concerns linger; U.S. banks pass Fed stress tests, paving way for dividend boost; FedEx shares jump after Q4 earnings beat, solid 2023 outlook; Gas prices slide as White House meets Read more…
Germany Ifo business climate dropped slightly from 93.0 to 92.3 in June, below expectation of 92.9. Current assessment index dropped from 99.6 to 99.3, above expectation of 99.0. Expectations index dropped 86.9 to 85.8, below Read more…
GBPJPY is mirroring fading buying interest as negative momentum escalated on Thursday, confirming a lower high at 167.82. Similarly, the RSI seems to be following a negative trajectory after failing to reach its previous high, Read more…
USDCAD is showing some weak signs today with the technical indicators confirming this view. The RSI indicator is moving south in the positive region, while the MACD oscillator is holding above its trigger and zero Read more…
The Euro kept slightly positive stance in a quiet early Friday’s trading, as stocks edged higher, but lacking direction as near-term action holds within a range, defined by 10 and 20DMA’s, for the third straight Read more…
European futures turned lower on Friday morning as worries about the bloc’s energy situation continued. The main concern is that Russia could continue reducing its natural gas to European Union in his bid to punish Read more…
Illustration by Alex Castro / The Verge Apple’s long-rumored mixed reality headset, which will reportedly offer a combination of augmented and virtual reality experiences, will “likely release” in January 2023, according to respected Apple analyst Read more…