US initial jobless claims fell -18k to 202k in the week ending December 30, below expectation of 210k. Four-week moving average of initial claims fell -5k to 208k. Continuing claims fell -31k to 1855k in Read more…
US ADP private employment grew 164k in December, above expectation of 130k. By sector, goods-producing jobs rose 9k while service-providing jobs rose 155k. By establishment size, small companies added 74k jobs, medium companies added 53k, Read more…
Eli Lilly (LLY) – Get Free Report unveiled plans to sell its new anti-obesity drugs directly to consumers as it looks to challenge both the early market dominance of European rival Novo Nordisk (NVO) – Get Read more…
Apple (AAPL) – Get Free Report shares extended declines Thursday, taking the stock to the lowest levels since early November, following another Wall Street downgrade tied to concern about iPhone demand. Piper Sandler analyst Harsh Kumar lowered Read more…
Check back for updates throughout the trading day U.S. equity futures traded mixed Thursday as investors looked to snap a three-day losing streak on Wall Street amid further signals of Fed rate cuts and another Read more…
EURJPY rises above key resistance, but more remain Technical signals show improvement EURJPY has been in a range between its 20- and 200-day simple moving averages (SMAs) over the past month, currently pushing for a Read more…
WTI futures attempt to break above crucial trendline But their advances are constantly held down Momentum indicators suggest a cautiously positive tone WTI oil futures (February delivery) have been on the retreat since their October peak of 89.85, breaking below Read more…
The Australian dollar has steadied on Thursday and is trading at 0.6732 in the European session, up 0.02%. This follows a four-day slide in which the Aussie fell 1.6%. Later in the day, the US Read more…
Gold price edged higher on Thursday morning, after a four-day pullback from $2088 (Dec 28 high) found a footstep at $2030 (50% retracement of $1973/$2088 upleg). This points to initial signal of a healthy correction Read more…
WTI Oil price rose further in early Thursday’s trading, in extension of 3.5% rally on Wednesday, the biggest daily gain since Nov 17. Worsening fundamentals on closure of one of the largest oil fields in Read more…