“Amid prolonging geopolitical issues, continued inflation, and the continued economic slowdown, we expect the smartphone market to contract in 2023,” said Samsung vice president Daniel Araujo. Samsung Electronics shares finished sharply lower in South Korean Read more…
Stock futures lower as Fed decision looms, earnings in focus; Samsung confirms weakest quarterly profit in eight years, maintains capex plans; UnitedHealth, Humana slide as Medicare plans overpayment clawback; Exxon earnings on deck after Chevron Read more…
Eurozone GDP grew 0.1% qoq in Q4, better than expectation of -0.2% qoq. Comparing to the same quarter a year ago, GDP rose 1.9% yoy. EU GDP was flat qoq in Q4, up 1.8% yoy. Read more…
Credit: Robert Triggs / Android Authority The US has reportedly stepped up its trade ban against Huawei. Huawei will be unable to access even 4G chips under the revised policy. Huawei has been subjected to Read more…
USDCNH is usually a very good indicator for risk-on, risk-off flows because of China’s link to the global economy. What we see on the pair below is an ongoing bearish trend that can resume after Read more…
Just like a few weeks ago, USDCAD is most likely forming a correction pattern – a triple zigzag consisting of cycle waves w-x-y-x-z. The first four sub-waves w-x-y-x are fully completed, and the final actionary Read more…
In the new World Economic Outlook report, IMF said global inflation will fall in 2023 and 2024 amid supar economic growth. Global growth is projected to fall from 3.4% in 2022 to 2.9% in 2023 Read more…
The Galaxy S23, S23 Plus, and S23 Ultra. | Image: Ice Universe We already have a pretty complete idea of how they look in leaked press shots, but new photos show what Samsung’s whole Galaxy Read more…
Daily Pivots: (S1) 160.41; (P) 160.91; (R1) 161.62; More… Range trading continues in GBP/JPY and intraday bias remains neutral. On the downside, break of 155.33 low will resume the fall form 172.11 to 153.70 fibonacci Read more…
Daily Pivots: (S1) 140.75; (P) 141.36; (R1) 142.17; More…. Intraday bias in EUR/JPY stays neutral as range trading continues. On the downside, break of 137.37 will resume the whole decline from 148.38 to 135.40 fibonacci Read more…