When will the BoE rate decision be announced? The BoE interest rate decision is due to be announced on Thursday February 3rd at 12:00 midday. What to expect? In December the BoE voted 8-1 in Read more…
Wall Street is looking at more losses Monday as traders say farewell to a bruising month of trading in January while bracing for another hectic week of corporate earnings and a key reading on the Read more…
Chinese consumers sing the praises of the TeslaMic, which launched on Friday and sold out within minutes, crashing the website to boot. Talk about singing the praises of a new product. Chinese consumers on Friday Read more…
Robinhood (HOOD) – Get Robinhood Markets, Inc. Class A Report shares extended declines Monday, pegging the stock’s six-month slump at more than 66%, even as star fund manager Cathie Wood added to her holdings in the Read more…
The commodity continues rallying. On Monday, 31 January, Brent is trading above $91 and may soon update its highs. The key trigger that pushes the rally is that investors remain confident of the supply shortage Read more…
January has been a month to forget for many investors after hundreds of billions of dollars were wiped off equity and bond markets. Traders have shifted from the speculative corners of the market to safe Read more…
It was a week to forget for the Canadian dollar. USD/CAD jumped 1.51%, marking the Canadian dollar’s worst weekly performance since mid-August. The currency is in positive territory, as USD/CAD is down 0.31% on the Read more…
Barclays analyst Benjamin Theurer boosted his rating and price target on Beyond Meat Monday, noting “more positives than negatives” for the plant-based food group. Beyond Meat (BYND) – Get Beyond Meat, Inc. Report shares jumped higher Read more…
The USD slowed down as US stocks turned higher on Friday, but this can be only a temporary slowdown as stocks may remain in downtrend due to risks between US and Russia. However, there are Read more…
Bears are consolidating above new seven-month low (1.1145, posted on last week’s 1.74% fall) on Monday, with limited bounce before larger bears regain full control, seen as likely scenario. Oversold stochastic on daily chart signals Read more…