Samsung subsidiary Harman has agreed to acquire the audio business division of Masimo, taking ownership of audio brands like Bowers & Wilkins, Denon, and Polk Audio. The $350 million deal brings them under the same Read more…
Bitcoin’s market share hits a 4-year high, sparking debate about its role as a safe haven asset. On-chain data and technical analysis suggest $93,000-$95,000 is a critical price range. Bitcoin ETFs are seeing increased inflows, Read more…
The USD/JPY currency pair is showing a bearish trend that began on July 3, 2024, and is expected to continue declining toward the 136.50 level. In the short term, the price movement since the March Read more…
The XAU/USD chart shows that the ATR (Average True Range) indicator has reached its highest level in several weeks, signalling increased market volatility. In addition, trading activity is being fuelled by heightened geopolitical tensions, now Read more…
Two-way volatility returned to the US stock market, with major indices declining for a second consecutive session during the overnight US trading on 6 May. The pullback was driven by rising concerns over the economic Read more…
How are Economic Data and Inflation Shaping the Outlook? This week, financial markets are keenly focused on the upcoming FOMC Federal Funds Rate decision, the FOMC statement, and the subsequent FOMC press conference. Significant uncertainty Read more…
Markets Yesterday’s quite European trading session was interrupted by German parliament. Lawmakers unexpectedly and narrowly turned down CDU-leader Merz’s first bid to get the Chancellor nomination (310 votes). On second attempt, he received 325 votes Read more…
The futures are in the positive this morning on news that the trade talks between the US and China could lead to progress, as the Chinese Premier will reportedly meet US Treasury Secretary Bessent later Read more…
In focus today This evening the Federal Reserve May meeting takes place, where we expect the Fed to keep an unchanged monetary policy, in line with consensus and market pricing. While we expect the Fed Read more…
Daily Pivots: (S1) 190.63; (P) 191.47; (R1) 191.92; More… No change in GBP/JPY’s outlook and intraday bias remains neutral. Further rise is expected as long as 189.97 support holds. Above 193.72 will resume the rise Read more…