Broadcom shares soared in early Friday trading and look set to open at a fresh record high, as Wall Street analysts rushed to overhaul their price targets on the chipmaker following its quarterly earnings and Read more…
The 2024 college football season is nearing its end, which means it’s just about time to award the Heisman Trophy to the nation’s best player. The Heisman is considered the most prestigious award in college Read more…
Check back for updates throughout the trading day U.S. equity futures moved firmly higher in early Friday trading, powered by gains for megagap tech stocks tied to the AI investment demand story, as markets look Read more…
Eurozone industrial production stagnated in October, recording 0.0% mom growth, in line with expectations. The data reflects mixed performance across sectors. While output for capital goods rose by 1.7%, intermediate goods production remained unchanged. On Read more…
USDCHF bounces back, dismisses bearish risks below 0.8800 Bulls take control, aim for new higher highs USDCHF staged an impressive rebound after falling as low as 0.8733, an action which initially seemed like the completion Read more…
NZDUSD continues the strong selling interest Stochastic and RSI keep moving south NZDUSD plunged to a fresh lower low, recording a 26-month low at 0.5756. The pair is endorsing the steep descending tendency that started Read more…
Gold prices stabilised around 2,690.00 USD per troy ounce on Friday. The quotes fell by almost 1% in the previous session, as investors assessed the latest US economic data. The statistics prompted a rally in Read more…
RBA has shifted to a less hawkish monetary policy stance. The interest rate swaps market has started to price in a higher chance of the first RBA interest rate cut to come in February 2025. Read more…
Today, the UK GDP changes for October were published, as reported by Forex Factory (month-on-month): → Actual = -0.1%; → Forecast = +0.1%; → Previous = -0.1%. The data revealed a slowing UK economy, defying Read more…
The Australian Dollar (AUD) edged higher on Thursday, recovering some ground against the US Dollar (USD) after the release of US jobs data. The AUDUSD pair is trading at 0.6392, marking a 0.36% increase. Mixed Read more…