Risk-sensitive Aussie dollar continues to benefit from improved sentiment that lifted stocks and deflated dollar. Fresh advance in early Monday extends last Friday’s 1.2% rally (the biggest daily gain since Aug 10) and probe again Read more…
The Euro advanced nearly 1% in early Monday, following a start of week’s trading by gap-higher opening, underpinned by renewed risk appetite. Monday’s rally generated bullish signals on surge through pivotal Fibo levels at 1.0116/75 Read more…
Cable cracked 1.17 barrier and hit two-week high on Monday, following a gap-higher opening on renewed risk appetite. Fresh bulls extend last Friday’s rally, which despite facing headwinds, managed to generate initial bullish signal on Read more…
European stocks are off to a positive start on Monday, following a relatively muted day in Asia amid bank holiday closures in China, Hong Kong and South Korea. UK growth continues to struggle The UK Read more…
Activist investor Dan Loeb said Sunday that he now has a “better understanding” of EPSN’s potential as a Disney vertical. Walt Disney (DIS) – Get The Walt Disney Company Report shares nudged higher Monday after activist Read more…
“We believe Sotyktu is a breakthrough in the treatment of patients suffering from moderate-to-severe plaque psoriasis,” said Bristol Myers’ chief medical officer Samit Hirawat. Bristol Myers Squibb (BMY) – Get Bristol-Myers Squibb Company Report shares moved Read more…
Billionaire investor Warren Buffett now holds a 26.8% stake in the Permian-focused energy group. Occidental Petroleum (OXY) – Get Occidental Petroleum Corporation Report shares jumped higher Monday after billionaire investor Warren Buffett added to both his Read more…
China is at the other end of the spectrum, while the developed world is facing the highest inflation rate in two generations. The published CPI and PPI data for August marked another drop in inflationary Read more…
Market picture Bitcoin has added 10% in the past seven days, trading at $21.7K. Ethereum jumped 10.3% to $1730. Top-10 altcoins add between 1.5% (Polkadot) and 9% (Solana). Total cryptocurrency market capitalisation, according to CoinMarketCap, Read more…
The Aussie Dollar started a recovery wave and climbed above the 0.6750 resistance zone against the US Dollar. The AUD/USD pair was able to clear the 0.6800 resistance zone. There was a clear move above Read more…