The food and drink sector, especially soft drinks, took a beating from Covid-19, but Coca-Cola still reigns as the most valuable soft drink brand. Here are the top food, beverage and dairy brands in the Read more…
FOMC statement with hawkish remarks are driving the USD higher while stocks has seen a new reversal down. At the same time, this means that market can stay in risk-off and more dollars gains ahead Read more…
Intel CEO Pat Gelsinger sees ‘unprecedented’ global demand for chips in the coming year, but notes that supply chain constraints will continue into early 2023. Intel (INTC) – Get Intel Corporation Report shares slumped lower Thursday Read more…
Powell makes a further hawkish pivot, signals end of era of highly accommodative policy Yields and dollar jump, but stocks are battered, upbeat earnings offer some support Kiwi biggest FX loser even as strong CPI Read more…
Billionaire hedge fund manager Bill Ackman said he began buying Netflix during last Friday’s $50 billion wipeout, and now owns a $1 billion stake in the market-leading streaming service. Netflix (NFLX) – Get Netflix, Inc. Read more…
The New Zealand dollar is in negative territory on Thursday, after posting five straight losing sessions. In the Asian session, NZD/USD fell below the 0.66 line for the first time since November 2nd and is down Read more…
Stock futures mixed as investors parse surprisingly hawkish Fed stance; Tesla slips lower after cautious outlook following record Q4; Intel slumps as chipmaker says supply chain disruption will last through 2022; Netflix leaps after Ackman’s Read more…
AUDUSD has dipped back beneath the Ichimoku cloud rekindling the dominant bearish tone, after the 100-day simple moving average (SMA) directed the price lower. The gradual decline in the SMAs is suggesting the downward trend Read more…
USDCHF is rallying to a fresh two-week high of 0.9868, creating several bullish sessions. The price overcame the short-term simple moving averages (SMAs) with the technical indicators holding in the overbought region. The RSI is Read more…
NZDUSD plunged below the 10-month-old descending channel early on Thursday, powering its broad bearish trend towards an almost 15-month low of 0.6594. Oversold conditions are present according to the RSI and the Stochastics, though the former is Read more…