Tesla shares powered firmly higher in early Wednesday trading, and look set for their strongest session gain in more than a year, after the electric-vehicle producer eased investor concerns about an abrupt strategy shift away Read more…
US durable goods orders rose 2.6% mom to USD 283.4B in March, above expectation of 2.5% mom. Ex-transport orders rose 0.2% mom to USD 187.5B, below expectation of 0.3% mom. Ex-defense orders rose 2.3% mom Read more…
Canada’s retail sales fell -0.1% mom to CAD 66.7B in February, worse than expectation of 0.1% mom rise. Sales were down in five of nine subsectors and were led by decreases at gasoline stations and Read more…
Boeing posted a narrower-than-expected first-quarter loss Wednesday, but it cautioned that a recovery in production for its workhorse 737 Max jet will take time after a series of manufacturing and safety issues culminated in the Read more…
BoJ manages to upset the market even with historic hike Yen tumbles to 34-year low even as market prices in summer hike Will another disappointment trigger yen intervention? The Bank meets on Friday at 03:00 Read more…
The price actions of Gold (XAU/USD) have shaped the mean reversion decline after a test on the US$2,420 intermediate resistance. It tumbled by -2.7% on Monday, 22 April, its worst daily performance since 13 June Read more…
The euro is slightly lower on Wednesday. In the European session, EUR/USD is trading at 1.0685, down 0.16%. German shows signs of optimism Germany’s Ifo Business Climate index rose to 89.4 in April, up from Read more…
Check back for updates throughout the trading day U.S. equity futures were mixed in early Wednesday trading, with the dollar holding steady against its global peers, as investors looked to build on yesterday’s solid rally Read more…
The EUR/USD pair rose to 1.0707 on Wednesday, driven by increased local risk appetite and the belief that the currency was significantly oversold against the US dollar. This resurgence indicates a temporary rebalancing in the Read more…
The US dollar’s gains stalled last week, and on Tuesday, it lost a third of a cent against a basket of major currencies to 105.4 from a peak of 106.3 the week before. Yesterday’s pullback Read more…