Wall Street is set to extend its weekly decline Friday as investors closely track moves in the bond market amid renewed inflation concerns and a mixed set of bluechip earnings. U.S. equity futures slipped lower Read more…
Welcome to another edition of Forex Friday, a weekly report in which we discuss selected currency themes mainly from a macro viewpoint, but we also throw in a pinch of technical analysis here and there. Read more…
ETHUSD is moving sideways today following yesterday’s sizeable loss. It broke the January 4 upward sloping trendline, prompting the first decent correction since the start of the year. It is currently settling nicely inside the Read more…
The Euro returned to weakness on Friday, signaling that brief consolidation might be over and extension of pullback from 1.1032 (Feb 2 peak) would be likely near-term scenario. Repeated upside rejections of the action in Read more…
“We need to put the pieces back together again, but we need some time,” said new CEO Bjorn Gulden. Adidas AG shares slumped lower in German trading Friday after the sportswear group said full-year sales Read more…
Yen jumped earlier today on reports that Prime Minister Fumio Kishida is going to make a surprised nomination of academic Kazuo Ueda as the next BoJ Governor. Some interpreted that as a signal of a Read more…
“It’s still difficult to accurately assess how the year ahead will play out in terms of e-commerce growth,” said CEO Dan Schulman. PayPal (PYPL) – Get Free Report shares edged lower Friday after the online payments Read more…
“To take advantage of this opportunity and grow the market, we must prioritize competitive service levels,” said CEO Logan Green. Lyft (LYFT) – Get Free Report shares collapsed Friday following the ride-sharing group forecast softer-than-expected near term Read more…
Stock futures slip as Treasury yields move higher; Adidas counts the cost of Kanye West split, shares slump; PayPal higher after solid Q4 earnings, CEO Schulman to retire; Lyft shares collapse after grim forecast widens Read more…
ECB Governing Council member Boris Vujcic, Croatian central bank Governor, said, “we are likely to see more rate action beyond March.” But policymakers are going to wait for data to come in, ” then decide in Read more…