EURGBP moves further away from the upper end of a prior range Both the MACD and the RSI indicate positive momentum These signs paint a cautiously positive short-term picture EURGBP bulls have gained the upper Read more…
USDJPY bounced strongly on Tuesday and returned above 150 barrier, fully retracing pullback of past two days. Corrective dip was short-lived and left a bear-trap under 149.03 (50% retracement of 147.29/150.77 upleg), signaling that larger Read more…
Five things you need to know before the market opens on Tuesday October 31: 1. — Stock Market Today: Stocks mixed, Treasury yields steady ahead of Fed meeting Stocks are on pace for their worst month Read more…
Updated at 7:48 am EDT Pfizer (PFE) – Get Free Report posted a narrower-than-expected third quarter loss Tuesday, while holding its recently-lowered profit forecasts in place amid the ongoing slump in Covid vaccine and treatment sales. Read more…
Caterpillar (CAT) – Get Free Report posted much stronger-than-expected third quarter earnings Tuesday, thanks in part to higher construction equipment demand linked to the ongoing support from government infrastructure spending. Caterpillar said adjusted profits for the Read more…
Eurozone CPI cooled off further in October, decelerating from 4.3% yoy to 2.9% yoy. This slowdown in inflation was more pronounced than market predictions, which had forecasted a rate of 3.1% yoy. Notably, this is Read more…
Eurozone’s GDP shrank unexpectedly in Q3, contracting by -0.1% qoq, defying expectations of a stagnant 0.0% growth. When compared with the same quarter of the previous year, Eurozone’s growth was barely positive at 0.1% yoy. Read more…
Advanced Micro Devices (AMD) – Get Free Report shares edged modestly higher in pre-market trading ahead of the chipmaker’s first quarter earnings, which are expected after the closing bell. AMD, which has been touting its AI Read more…
Apple (AAPL) – Get Free Report shares edged lower in pre-market trading following the tech giant’s unveiling of new MacBook computes, powered by a new line of high-performance chips, just days ahead of its highly-anticipated fourth Read more…
Yesterday, the Nikkei newspaper reported that the Bank of Japan is considering adjusting its yield curve control (YCC) policy. This provoked a strengthening of the yen (1). The USD/JPY rate dropped to a two-week extreme Read more…