The United Autoworkers’ Union reached an agreement with Volvo-owed Mack Trucks late Sunday that avoids a separate round of strikes as action against the Big 3 automakers enters its third week. The UAW had voted Read more…
Nvidia (NVDA) – Get Free Report shares moved higher in early Monday trading after analysts at Goldman Sachs added the chipmaker, along with three other stocks, to its flagship list of stock recommendations. Goldman Sachs analyst Read more…
Tesla (TSLA) – Get Free Report shares edged higher in pre-market trading ahead of the anticipated release of the carmaker’s third quarter deliveries prior to the opening bell. A combination of muted demand in China, the Read more…
U.S. equity futures edged lower Monday, following on from the worst quarterly performance of the year for the S&P 500, as Treasury bond yields inched higher as investors react to a temporary U.S. government funding Read more…
Unemployment rate in Eurozone has seen a drop from 6.5% to 6.4% in August, aligning with market expectations. Similarly, the broader EU reported a decrease in its unemployment rate, ticking down from 6.0% to 5.9%. Read more…
Gold keeps negative tone at the beginning of the week and fell to new lowest in almost seven months ($1839) in early European trading on Monday. The metal extends steep fall into sixth straight day Read more…
UK PMI Manufacturing experienced a slight uptick, finalized 44.3 in September from the previous month’s 39-month low of 43.0. However, despite this marginal improvement, an in-depth examination of the five sub-indices of the PMI – Read more…
EURUSD stuck in a clear downward path, posting a fresh 8-month bottom of 1.0487 Formation of a death cross between 50- and 200-day SMAs could spell more trouble Despite latest rebound the momentum indicators remain skewed Read more…
September Eurozone PMI Manufacturing shows a persistent trend of contraction, finalizing at 43.4, a marginal decline from August’s 43.5. This marks a continuous 15-month spell where the headline index has been below the 50.0 threshold, Read more…
On Friday, silver was trading at USD 23.5 per ounce, but on Monday morning it dropped below USD 21.7 – a difference of 7.5%. Fundamental influencing factors are not clearly identified, but it can be Read more…