Stock futures trade lower after last night’s stunning late-session rally; IBM shares leap after solid Q2 earnings, cloud revenue outlook; Microsoft earnings to put gaming, cloud divisions in focus; Tesla moves closer to investment grade Read more…
In an interview with Verslo žinios, ECB Chief Economist Philip Lane said, “in the near term, there are some risks from the Omicron variant. But I think it’s increasingly clear that the impact is only Read more…
GBPUSD has retraced nearly 50 percent of the three-week rally that began around the 1.3200 handle, but negative forces are diminishing as the drop approaches the lower Bollinger band at 1.3428. The longer-term simple moving Read more…
WTI futures have been trading slightly below the long-term ascending trend line over the last few sessions, remaining within the Ichimoku cloud. The RSI indicator is flattening beneath the 50 level, while the MACD oscillator Read more…
Wall Street bounces back but futures, Asia sink again; mood brighter in Europe Dollar and yen hold firm as Fed angst and geopolitical risks keep havens in demand Earnings and US consumer confidence gauge may Read more…
The Australian dollar is flat on Tuesday, trading quietly at 0.7140 in the European session. Q4 inflation higher than expected Inflation remains on the move, as fourth-quarter CPI beat expectations. CPI climbed 1.3% q/q (1.0% Read more…
Germany Ifo Business Climate rose from 94.8 to 95.7 in January, above expectation of 94.7. Current Assessment index dropped from 96.9 to 96.1, matched expectations. Expectations index improved from 92.7 to 95.2, above expectation of Read more…
Asian stocks flashed red on Tuesday morning, alongside U.S futures after an explosively volatile session on Wall Street. Global equity markets were flung on a chaotic rollercoaster ride as investors grappled with Fed hike fears Read more…
AUDUSD has experienced a sharp dip in the four-hour chart, crossing beneath both its 50- and 200-period simple moving averages (SMAs). However, the pair managed to partially bounce back after finding significant support at the Read more…
EURCHF continues its downward trend, marking yet more lower lows as negative forces linger. Moreover, the pair is currently trading well below its 50- and 200-day simple moving average (SMA), reflecting an overall bearish outlook. Read more…