Amazon and Spotify, keen to grow their share of the $36 billion global audio ad market, are reportedly mulling takeover bids for London-based podcasting group Audioboom. Updated at 6:26 am EST Audioboom Group shares surged Read more…
The Euro extends a steep fall into second day, following Friday’s 0.7% drop that completed a Doji reversal pattern on a daily chart. Bears emerged below the daily cloud base (1.1316) and cracked pivotal Fibo Read more…
In a WSJ interview, Kansas City Fed Esther George said that with inflation at at 7.5% in January, and the benchmark interest a rate near zero, Fed’s policy is “out of sync”. But she said Read more…
Stock futures slide as U.S. Warns of Russian attack on Ukraine; Week Ahead: retail sales, Walmart earnings in focus; oil prices top $95 a barrel on Russia tensions, supply slump; Johnson & Johnson set to Read more…
Warnings of imminent Ukraine invasion send markets into a tailspin Stocks tank, dollar and yen advance, oil breaks higher, gold shines Meanwhile, speculation about emergency Fed action is running wild Ukraine conflict Geopolitical tensions have Read more…
Markets are generally staying in risk-off mode today as there is no sign of de-escalation in Russia-Ukraine situation. Nikkei tumbled sharply by -616.49 pts, or -2.23%, to close at 27079.59. Near term bearishness in Nikkei Read more…
It was the fourth consecutive week that traders reduced their net-long exposure to the US dollar, according to data from IMM (International Monetary Market). As of Tuesday 8th February 2022: According to data compiled by Read more…
EURUSD has successfully weighed on the 50-day simple moving average (SMA) – coupled with the mid-Bollinger band – and growing bearish pressures have now clearly pushed below 1.1323, crushing buyers’ efforts to breach the 1.1500 Read more…
The yen has started the trading week with gains, with USD/JPY trading just above the 115 line in the European session. Yen rises on Ukraine worries The crisis on the Ukraine/Russia border continues to dictate Read more…
Gold price started a major increase above the $1,835 resistance against the US Dollar. The price broke the $1,850 resistance level to move into a bullish zone. Besides, there was a break above $1,860 and Read more…