US initial jobless claims rose 1k to 220k in the week ending December 2, below expectation of 226k. Four-week moving average of initial claims rose 500 to 220.75k. Continuing claims fell -64k to 1861k in Read more…
Updated at 8:28 AM EST GameStop (GME) – Get Free Report shares were marked firmly lower in early Thursday trading after the videogame retailer posted another disappointing set of quarterly earnings, this time under new CEO Read more…
This morning, the AUD/JPY rate dropped below 95.2 yen per Australian dollar for the first time since late October. The weakening of the AUD was contributed by: → negative news regarding the Chinese economy. The Read more…
Talking Points: Why did gold prices decline sharply? Daily Chart Analysis 4-Hour Chart Analysis What’s next for Gold Prices? Why did gold prices decline sharply? Gold Price fell significantly last week after reaching an all-time Read more…
Updated at 7:48 AM EST Advanced Micro Devices (AMD) – Get Free Report shares jumped in early Thursday trading after the semiconductor group unveiled an AI-focused chip for the data-center market, which it says could be Read more…
Check back for live updates throughout the trading day. U.S. equity futures traded mixed in early Thursday dealing, with upside moves in some big tech names supporting the Nasdaq, as investors continue to track developments Read more…
EURGBP fails to extend negative structure 20- and 200-SMAs post death cross EURGBP is stubbornly fighting the nearby 0.8555 support level for the fifth consecutive trading day, after the strong sell-off from the 0.8765 resistance. Read more…
US 500 index is trading sideways amidst key market events It failed to record a new 2023 high, denting bullish sentiment Momentum indicators point to increasing bearish pressure The US 500 cash index is trying Read more…
It is traditionally believed that the Santa Rally occurs at the end of December and the first days of January, but according to many opinions it is acceptable to think that it begins much earlier. Read more…
Market picture Cryptocurrency market capitalisation changed little at the end of trading on Wednesday, remaining close to $1.59 trillion (-0.14% d/d). But this modest result is a show of strength, given the pressure in equity Read more…