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Month: November 2023

Cryptocurrencies

Ford follows GM with new profit forecast, UAW strike cost tally

Ford Motor  (F) – Get Free Report shares edged higher Thursday after the carmaker followed General Motors  (GM) – Get Free Report in reinstating its full-year profit forecasts while noting it will lose around $1.7 billion from Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

Canadian Dollar Steady ahead of GDP

Canada’s GDP expected to remain at 0.0% The Canadian dollar is steady on Thursday. In the North American session, USD/CAD is trading at 1.3602, up 0.11%. Canada’s GDP expected to flatline Canada’s economy has been Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

Salesforce surges on Q3 earnings beat amid ‘green shoots’ of cloud demand rebound

Salesforce  (CRM) – Get Free Report shares surged in early Thursday trading after it posted better-than-expected third quarter earnings, as well as a full-year profit boost, amid what it described as improving demand for its cloud-focused client software Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

Crypto Market: Another Pullback Within the Framework of Growth

Market picture The crypto market cap fell 0.5% in 24 hours to $1.42 trillion, showing another pullback as part of a broader uptrend that started in mid-October but has slowed in the last couple of Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

Stock Market Today: Stocks higher with inflation data set to test historic November rally

Check back for live updates throughout the trading day. U.S. equity futures moved higher Thursday, while Treasury bonds extended the best monthly rally since the global financial crisis, as investors looked to close out the Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

GBP/USD: Bulls Loosen Grip Ahead of Key US Data

Cable eases from new three-month high in European trading on Thursday, as daily Doji candle on Wednesday signaled indecision and overbought daily studies prompted a partial profit-taking. Failure to register a daily close above 1.2719 Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

Eurozone CPI falls more than expected to 2.4% in Nov, core CPI down to 3.6%

Eurozone CPI slowed notably from 2.9% yoy to 2.4% yoy in November, below expectation of 2.7% yoy. CPI core ( excluding energy, food, alcohol & tobacco) slowed from 4.2% yoy to 3.6% yoy, below expectation Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

WTI Oil Futures in a Fierce Battle With 200-day SMA

WTI futures fall to a 4-month low before attempting a recovery  But their rebound is being held down by the 200-day SMA  Momentum indicators suggest that positive momentum is picking up WTI oil futures (January delivery) have been on the retreat Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

Today OPEC+ May Announce New Oil Production Cuts

According to WSJ, the reduction could be 1 million barrels per day. Saudi Arabia is in favour of cuts, but the idea causes disagreements among other members of the organisation. In anticipation of news about Read more…

By , 2 years ago November 30, 2023
Cryptocurrencies

BTC/USD Analysis: New High for the Year Shows Bulls Are Indecisive

During November, the price of bitcoin increased by approximately 10% in anticipation of the launch of a bitcoin ETF. But the positive sentiment of crypto investors is seriously overshadowed by news regarding Binance: → Changpeng Read more…

By , 2 years ago November 30, 2023

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